1st People want jyaada (lots of) & jaldi bhi(fast also) once they are in stock market. For most of us stock investing means easy money because one of your friends has made duguna or tinguna in some god knows which stock. You want to imitate him & probably that opportunity was never there or already gone. 2nd What Basant has done at his tender & dangerous age of 19 years (lots of aggressive hormones rushing to centre of your body & not enough inhibitory signals in brain) is he has taken a conscious decision of creating wealth (not fast money) through stock market. God only knows how a teen get convinced of this route when even his survival was on stake due to arbitrary nature of our government in the name of socialism. 3rd- Next best thing Basaant did was to read 200 books by successful investors (reading good books are like finding good mentor & that also not one but many). 4th thing he did was making lots of new mistakes for 9 years & learning from them, but he persisted with his daring dream of getting wealthy. Most of us are making the same classical mistakes like finding Low P/E loss making stocks, clinging to loss making shares, avoiding High P/E growing businesses. Difference is we do not try to learn from them. 5th- is Basant learned from books & his mistakes that Investing is not only numbers & quick formulas but knowing the people & business behind stocks & have feel about those. To have feel you have to have deep knowledge & understanding. Feel is just another name for the reasons we are not able to communicate at that period.Feel is at subconscious level(which is bigger part of brain than conscious reasoning brain). In general talk when we say dil se(from heart) is nothing but feel. Heart has no conscious or subconscious thinking power. 6th-His knack for making things easy & simple is evident in the analogy of “child being first in class gets what he want TO “above average” growing companies & getting higher valuation in the market”. Daring to dream to get rich in stock market comes with the corollary of being ready to take the pain of loss from time to time. Brush with poverty or not having enough money by J & K episode made him cautious of taking only educated RISK. There is no such thing as risk free investment; hence he is always wary of permanent capital destruction before looking for upward triggers. 7th Willing to have very little money against an outside chance of making lots of it is not an option for most of us, but creating wealth with Basant is. Simply read the book & join Basant Corner. 8th Postponing expenses for personal gratification(buying big car, changing mobiles to keep up with jonasses), understanding what is a depreciating asset, knowing the power of compounding both in positive side & also in negative side, choosing right insurance policy (term) instead of loss making “with profit” LIC policies etc are new concepts for most of common people. What is good loan & what is bad loan is difficult for common man to understand. Using limited leverage to create wealth seems risky to most of us. Quantum of money for compounding has to be a decent amount, with small amount Time has to be long which may be impractical. Myths of stock market like “Buy Low Sell High” & many more are difficult to understand. Low or High in comparison to what. Low PE are mostly loss making stocks, High PE makes us to book profit early. Without understanding business it is impossible to understand the difference between Price & Value of a stock. 9th Surprisingly, I became a better student the moment I took up commerce and in about a few months I was topping the class- was simply finding his true interest of life. 10th Giving limited importance to analyst reports or pink papers or biz tv channels & more importance to Emotional or behaviour is essential for success. In fact most of these create anchors in our mind eg. Analyst saying page has maximum valuation is X rupees & we sell out near about that price 11th Analogy of the game of snake & ladder to stock market investing is another example of simplifying difficult concepts. 12th Reading a good book on investment with Indian examples was a long standing wish of most of the serious investors. 13th Seriousness of book writing (which may not be very profitable for Mr Basant in money terms) is evident by his admission of transfer knowledge to his kids. 14th- “Investor can never expect to succeed with just one strategy. Markets change all the time and the participants have to keep evolving to the new dynamics if they are to become accomplished players of the field”. Even after reading the book it may not be easy to change strategy with time unless one is a full timer, which most of us are not. joining BC will be much easier for me at least. 15th Lack of motive to profit from book is evident by creating a separate online platform to discuss the book for continued teaching; it will be an ongoing cost free coaching by a Master Investor. 16th Reading a 450 page book is not for everyone, but I feel who ever want to have financial freedom should read this book several times. 17th & last but not least- Basantji you are looking dashing. Please release this book as early as possible & write a simple 50 to 80 page manual or companion to this text book of investment. Writing a manual may be very difficult mentally for you because of your vast knowledge of the subject & you being a good teacher who wants to teach & give all the knowledge to his pupil. WISH U ALL THE SUCCESS.

Basant - its great to read about how you overcame what life threw at you. Even if you were a complete failure at investing, I would still be impressed at your attitude. All the best!

Dear Sir,

May i now which publisher is going to publish this book?

Regards

Rohit Garg

Nice posting sir, please keep sharing this precious information with us. Traders can easily understand all the investment points with the help of this post.