Safal Niveshak

Wit. Wisdom. Value Investing.

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Archives for April 2023

Influencers are Not the Problem

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Blaming the system is soothing because it lets you off the hook. But when the system is broken, we wonder why you were relying in the system in the first place.

~ Seth Godin

This story dates to September 2008. I remember this clearly because it happened on the day Lehman went bust.

The event is more vivid for me because, when the news broke out, I was less than a mile away from Lehman’s headquarters, with a school friend.

My friend, who was working in the tech division of another investment bank in the city, met me to discuss his India investments. His portfolio had already taken a beating in the financial crisis that had started at the beginning of 2008.

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Answering an Easier Question

When a satisfactory answer to a hard question is not found quickly, our mind tends to imagine a related question that is easier and constructs an answer for it. This processes, answering one question in place of another, is mostly involuntary and known as substitution principle. It’s better to stay mired in a genuine confusion than to bask in the comfort of a false conclusion.

Let me ask you a simple question – How happy are you these days?

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Philip Fisher on Four Dimensions of Investing – Part 3

This is the third leg of the “Four Dimensions of Investing” series. It’s recommended that you read the first two parts before reading this.

Philip Fisher’s investment classic Common Stocks and Uncommon Profits ranks pretty close to Benjamin Graham’s The Intelligent Investor and for many years, it has been part of the curriculum in the investment class at the Stanford Graduate School of Business.

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Zebras Don’t Get Ulcers, Investors Do

Most of us invest in the first place is to attain financial freedom so that we do not have to worry about money. But most of us become slaves of the short term stock price movements. And that creates stress. And stress is bad, very bad.

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