Yeah, am suffering from cold.....

 

In many a ways, my life has been influenced by seeing them.....I understand its negative way of looking at things, but when the cost of failure is something which can make you suffer for your life, i always try to behumble myself and just pray to god....and in that ways, you call it luck/destiny or God's grace, I beleive rather have been made to beleive that its very very necesary....as dad says, always be humble before the markets otherwise if you try to keep your neck too straight, the markets will bend will bend it in a manner you cannot imagine......he always tries to make me understand and force me to look at past prices so that I never get carried away.....

 

As GE Shipping went up today, some of my people called me up and as I was getting happier, he told me me one thing, in case you are not comfortable in adding up when its 60 p.c. down from here, sell it off.....he's an extreme faithful yet he understands the power of liquidity and he beleives that prices are high and will go higher so long as suplly of stocks is less than the demand for it.......and when the reverse thing will happen, you will only have fundamentals in your hand......its true, you may complain that I lack conviction, but Sir, I dont think investors will ever like a round-trip in life( your CMP becoming equal to the purchase price after having gone up manifold).... the experience can be very frustrating.

 

I am a humble student, and I know nothing except that I have to be humble before the markets.....true Mr. Market may be irrational but its the Cover Page of the intelligent Investor which I always remember the most...I just want to know what leads to disaster, because in my quest I dont want to be an Abhimanyu, sure I want to brave but not a martyr....in order to fight this chakravyuha, I need a good saarthi, which can be no better than He the Divine , His blessing.

 

I may appear a bit confused and awe-struck but as the calls came from some well-wishers, i also got afraid....

 

Basant Sir, its your guidance we look upto........one behaves stupidly out of ignorance and sometimes the after-events make his best of moves look like stupid...

 

I suggest you ask everybody to look at your disclaimer again.

 

Yes, anyone who thinks the target of 60% CAGR for 10 years is futile and obnoxious should simply ignore this thread.

 

Let the people who want to focus on this target discuss and strategize. The TEDdies who are interested, stay focused. There will be many distractions for sure but one should be really focused on this goal as it is not a simple task and as I said earlier, if we focus on 60%, then at least we would make 40-45%. Let's try rather than go into every other discussion other than the topic mentioned.