The idea of TED was to teach as many people to fish !!!
There always be a big majority who would want the Fish(cooked..grilled and with a dash of lime preferably
![Wink](smileys/smiley2.gif)
!) instead of going out in the sun...waiting patiently for the catch !
But then we should not blame them for what they are seeking, for if you look around, you will find that value investors don't hunt in packs like hyenas!!!
Again coming back to investing or even trading you can learn from someone but you wont be able to copy that person for long. In the end you would have found your own investment style, your own zone of comfort and that will be the point when you would have become a true investor! This is a continuous process and all must go through this.
Here in TED seek for a Mentor and not a Guru! You see Gurus seek Disciples (meek) and Mentors
seek Character (leaders). A guru needs these disciples, and they need
them in hoards (this is provided by flush of new uninformed entrants to
the market everyday). In the case of a Mentor, it’s the other way
around. He shuns the hoards, and seeks out a few pieces of uncut rough
rocks. A Guru will always give you sermons on what’s wrong with your
life whereas the Mentor will show you how to put your life right. A guru
will provide you with a sense of calm (his services, which he makes
sure that you cant do without). A Mentor on the other hand will take
away your calm make you sweat and toil. A Guru will never let you leave
him (you are his milking cow!!!). A Mentor will not let you to stick to
him (he has made a gem out of that rough uncut rock… his work done…and
now he goes ahead to seek more such rough rocks).
The
road to successful Investing is not a smooth one. The treacherous journey
has consumed many a souls. It’s long and a tiring journey and many of
us give up mid way and seek solace in the arms of a Guru. What we need
is a Mentor who teaches us to conquer the road ahead.
Too quote Robert Frost:
"I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I --
I took the one less travelled by,
And that has made all the difference."