“It is during our darkest moments that we must focus to see the light.” ~ Aristotle
I wish you a very happy Diwali, dear tribesman.
I also wish that not only you enjoy the lights you see around, but you also be the light – either by being a candle of love, compassion, and wisdom…or by being the mirror that reflects it.
Then, even as the stock market gets more euphoric and you hear an army of experts telling you how this tower of cards would rise even higher, I wish you keep a calm mind and join the party not because you are frustrated to have missed it all this while, but only if you find some value here.
I also wish you avoid getting anchored by how fast stock prices have risen over the past one month, and fall into believing that this time it’s really different.
I wish you realize that the stock market has not gotten safer just because prices are rising, but that there is a great probability of this drunkard, high on an overdose of cheap and plentiful money, falling into the pit sooner than later.
I wish you throw out this “Sensex at 22,000” or “Nifty at 8,000” nonsense you are being fed day in and day out, and realize that India still has a bucketful of zombie companies that you must avoid at all costs.
I wish you realize that the stock market can be a dangerous game if you are in for just the next 2 or 3 years. Play it only if you are thinking of 10-20 years horizon.
To end on a brighter note, I wish you internalize this thought from Martin Luther King – “Darkness cannot drive out darkness; only light can do that.”
So, finally, I wish you light up within yourself the candle of learning, independent thinking, and patience so that you can drive out the darkness caused by ignorance, greed, fear, and jealousy.
I wish you again a happy Diwali…today, tomorrow, and every day for the rest of your life.