Death of Karna in Mahabharata & Death of Small Investors in Equity Investments

August 7, 2014

Death of Karna in Mahabharata & Death of Small Investors in Equity Investments

Greetings from Hitesh! Thanks for being my regular reader and regularly sending feed back to me. It gives me an idea for the new article.

Person of my age would have seen the earlier Mahabharata as well as the current one going on TV. So, I assume most of you are aware about the broad story. But today I am going to share an untold story of KARNA before I deal with the Small Investors. So, here it goes.

How Karna Gained the Knowledge?

Karna was a Sut Putra so Guru Drone refused to teach him. He went to Kripacharya. (Kripa was brother in law of Drone and he only invited Guru Drone to Hastinapur. Kripa and Drone were pupils of Bhagwan Parshuram. It was said that Kripacharya was better then Drone).

Kripacharya promised to make him the best archer of India provided Karna gives him 1000 gold coins which Karna or his poor father was unable.

Kripacharya was not asking money for the sake of money, but he believed that everything has a price……and you will have to pay the same – sooner or later.

Not having money, Karna jumped in the river to commit suicide but was saved by Kripacharya. Kripa said – you give me whatever you can and I can show you a way to gain the knowledge in Archery free of cost!!

He explained Karna that Bhagwan Parshuram is the best teacher available at that time and he teaches free of cost – provided you are Bhahmin. He will teach him the behavior of Bhahmin and he can learn from Parshuram free of cost!!

Kripa also warned Karna, when I am asking money, you know how much you are paying, but remember in free training, you will end up paying horrible price!!

Since Karna was determined to become an ARCHER, Kripa taught him the ways of Bhahmin behavior at a small price and send him to Bhagwan Parsuram. On the last day of his study, Parshuram came to know that he was Sut Putra. So, he gave him a curse that you will forget all my knowledge when you need the most!! Rest you all know.

How does this relate to Small Investors?

Not Ready To Learn:-

When small investor comes to market, he is not ready to learn the fine art of investments. In fact, he is not ready to understand the pros and cons, forget about studying. He just wants to make money!! Remember – Karna atleast went through the rigorous training under the best teacher of his time!!

Not Willing To Pay:-

Karna could not pay because he or his father did not have money. Small investor comes to the market to invest their SPARE money……so they have money….but they are not willing to pay what is due to their Consultant. They want it FREE!!

Copy Cats:-

They copy the investment ideas of big investors like Rakesh or Warren Buffett. Their logic is simple…….he is a successful investor – he must have studied before he invest in any company and we can also take bath in flowing river!!

They forget the risk appetite and investment horizon of Rakesh while they copy his investment idea!!

Following Media: -

Following media analysis has become their favorite past times. They love to follow the celebrity media analysts. Just ask yourself……is he sitting for you?  Moreover, there are crores of small investors following them (Since everybody likes FREE)……if all buy or all sell as per media recommendations – what is the probability that you will make money?  If you do what everybody does, you will get what everybody gets!!

Remember – Karna went to the most exclusive and the best teacher of his time!!

No Fall Back in Panic:-

When Panic comes in the market – which comes regularly – they do not know what to do with their shares. They can not call Rakesh / Media Guys. So, they do what everybody does in the market and book losses. In Panic, they forget why they bought the shares in first place / what was the holding period? In short they get killed like KARNA.

Repetition of the Mistake:-

They are not ready to learn from their mistakes. They do not have regrets if they losses their lacs or crores by their mistake. But if they have to pay few thousands to a consultant – they would die for it.

My Personal Call:-

Market is the smartest phenomena you are dealing with when you invest. Smartest and most learned brains have failed to cheat Market for a long period of time.

To be a successful investor – you need clarity of purpose and purity of your methods to achieve your purpose. You may become successful by hook or crook but, like KARNA, it will be a total waste in the end.

Appreciate the persons like Kripacharya – who would not provide you services till they get their price!! (Dhroncharya had hidden agenda to defeat Drupada by teaching Kuru Prince – just see how he died!!). At destiny management we follow Kripacharya Model. We just charge fees for our services. We have no hidden agenda!!  

Resolve to know the price and pay the price upfront or you will end up paying horrible price like KARNA or Small Investors.

Make Your Choice.

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Live With Passion…Invest With Passion.

Hitesh Parikh.