The One Percent Show: Episode 1 – Manish Chokhani
Welcome to my new initiative, The One Percent Show with Vishal Khandelwal. My guest for the first episode is Manish Chokhani, one of India’s most respected financial market experts. Manish is a Director at Enam Holdings and a Governing Board Member at Flame University. A qualified Chartered Accountant, Manish was one of the youngest MBAs to …
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Is Day Trading a Good Idea?
The Sketchbook of Wisdom: The first print of my book - The Sketchbook of Wisdom - got sold out in a matter of 3 months. Now, the second print is reaching me soon. Click here to reserve your copy. I will start shipping next week. Send me an email at vishal@safalniveshak.com if you wish to place bulk orders. * * * One of the questions I get a lot, …
A Simple Online Stock Portfolio Tracker
The Sketchbook of Wisdom: The first print of my book - The Sketchbook of Wisdom - got sold out in a matter of 3 months. Now, the second print is reaching me soon. Click here to reserve your copy. I will start shipping next week. Send me an email at vishal@safalniveshak.com if you wish to place bulk orders. * * * In my past communications, I have …
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Welcome to The Money School: Teaching Kids About Money – Part 1
Given how important financial skills are to navigating life, it is surprising that our schools do not teach children about money. How many of us look back at our childhood and wish we would have been taught more about money? A lot of people graduate from college without any idea how to manage their money or balance their bank account. Maybe you …
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From Hubris to Humility
Here is my latest podcast on why it is important for you to beware of hubris, whether in investing or life, so that you can keep yourself from risking too much in a view of the future that may turn out to be wrong. Let me know how you find it, and your feedback and suggestions to improve the same. Audio Listen on Apple Podcasts | Google …
The Limits of Numbers in Life and Investing
My son Chaitanya was born today, ten years ago. He was two months premature. His birth weight just 1.4 kg - 60% lesser than the average birth weight of 3.5 kg - and he spent the first three weeks of his life in an ICU. We were not allowed inside the ICU for the risk of infection to the newborns, and so the nurse used to "display" our son from …
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How I Invest (And Why You Should Not Care)
I tweeted this yesterday - I keep my equity investing simple -1. High quality + simple businesses only2. Rarely buy, very very very rarely sell3. Equal sizing of positions at cost4. <15 stocks + <3 MFs5. No AGMs, no concalls, only annual reportsHas worked really well for me for the past 18+ years.— safalniveshak.com (@safalniveshak) …
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Two Monks and One Big Lesson in Life and Investing
Two Buddhist monks, a senior and a junior, were walking through the forest. They came across a river flowing through their path. To continue their journey, they had to swim through the river and cross to the other side. There was a woman who was sitting at the bank of the river. She did not know how to swim and requested the monks to carry her …
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One Important Reminder
Some moments just shake you up and lead you to reflect on the fickleness of life. It was one such moment for me two months back when I received news of the passing away of a dear friend, all of 42 years, of heart attack. He was an ex-colleague, my local train partner, and a close confidant. We had not met since the lockdown started in March 2020, …
A Marwari Mental Model to Make Quick Decisions
I come from a Marwari business family. My grandfather used to own mustard oil mills and multiple other businesses in West Bengal. My father, despite being a top-ranking engineer, had to join the family business. However, given the labour and power issues in Bengal, he along with his brother charted out into the sanitaryware and paints trading …
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