The Economist Report on Modi’s 1st Year V/s. Normal Investors
26 May 2015
The Economist Report on Modi’s 1st Year V/s. Normal Investors
Greetings from Hitesh! Mr.Modi’s 1st year is over. Media has got the best news item on this. They all are talking about the 1st year of Mr.Modi’s achievement and failures. I have seen interesting similarities between Media’s Attitude towards Modi and Normal Investors way of thinking. Let me deal with The Economists first.
Has your wife stopped beating YOU?
Just try to answer the above question in YES or NO. You will see either of the answer will lead you in a funny situation. Media has come a long way from just getting news to you to creating the news / creating sensations / influencing public mindset and making tons of money.
More powerful the media house – more will be the value of their research/findings and opinions. People have no time to find out how correct or unbiased their opinions are. They just accept them at face value.
They take an interview and they frame the questions as mentioned above. Either way you land up in a soup. So, when they say they conducted 70 odd interviews before writing the report – it makes little sense – as the questions are framed.
Bin Laden’s Editorial V/s. The Economist Report on Mr. Modi:-
Recently US said that Bin Laden was an excellent editor and had a great command on Language. It requires one to read and reread his article to understand the hidden meaning of what he wants to convey.
I faced the same difficulty while reading report on Mr.Modi. Indian Journalists must take lessons from Mr.Adam Roberts – who wrote the article after conducting 70 interviews. I must appreciate his mastery to criticize Mr.Modi on every front by writing apparently positive article about HIM.
I can see that he has written 100% negative article while covering up with good words. If you rely on this – you miss the real picture.
What Do Indian CEOs say?
How Normal Investors Behaves?
They want instant profits!! A company takes 3-7 years to set up and start the plan running and this guy wants to make the money in 1st minute, if possible. Forget about 1 year or long term!! He talks about Long term and Value investing, when he comes to market – but in heart of heart – he wants instant gratifications as if he is going to die in the next moment.
In last 25 years – I have come across many guys talking about long term investments and patience when they come to MARKET – but they run away in 1st year or before that.
For them investment is FASHION. They will keep on changing their investment style depending on MARKET / investment consultant /investment vehicles without looking at their main purpose of investment.
Mr.Oscar Wild has once said –“FASHION must be the Ugliest Thing that’s why people keep on changing every 6 months”
What is my call?
On Modi:-
In Nov 2013, we had said do not expect Miracles from Mr. Modi and we are being proved right. He is not failure – but your unrealistic expectations from HIM had made him failure for you!! We see he will pick up momentum post AUGUST 2015!! Just note down this date in your diary.
On Normal Investor:-
It is said – Rolling Stone Gathers No Mass / Rolling Loans Gathers No NPA for BANKS and Rolling Investors Gathers No Wealth.
Look at any start ups like FLIPKART – for the first 3 years – nobody noticed them and they are the POSTER BOY of E-commerce in India NOW.
We always tell our clients to be with us for at least 3 years and then come to the market. There are no SHORT CUTS to lasting success in life and investments.
On Media GUYS:-
They are making a scene as if PEOPLE of India have done a great favour to Mr.Modi by making him a PM and now PM is not doing enough.
The fact is – they were with the legacy and license raj government for 60 plus years and they had no choice. It was Mr.Modi, who took initiatives to fight with them on your behalf so that your next generations can get better life then you!! He has done a great favour to you.
Do not follow MEDIA blindly. They are not there for you. They are there for THEM.
If you need help in Investing – please write to us.
Have a Great Week Ahead.
The Economist Report on Modi’s 1st Year V/s. Normal Investors
Greetings from Hitesh! Mr.Modi’s 1st year is over. Media has got the best news item on this. They all are talking about the 1st year of Mr.Modi’s achievement and failures. I have seen interesting similarities between Media’s Attitude towards Modi and Normal Investors way of thinking. Let me deal with The Economists first.
Has your wife stopped beating YOU?
Just try to answer the above question in YES or NO. You will see either of the answer will lead you in a funny situation. Media has come a long way from just getting news to you to creating the news / creating sensations / influencing public mindset and making tons of money.
More powerful the media house – more will be the value of their research/findings and opinions. People have no time to find out how correct or unbiased their opinions are. They just accept them at face value.
They take an interview and they frame the questions as mentioned above. Either way you land up in a soup. So, when they say they conducted 70 odd interviews before writing the report – it makes little sense – as the questions are framed.
Bin Laden’s Editorial V/s. The Economist Report on Mr. Modi:-
Recently US said that Bin Laden was an excellent editor and had a great command on Language. It requires one to read and reread his article to understand the hidden meaning of what he wants to convey.
I faced the same difficulty while reading report on Mr.Modi. Indian Journalists must take lessons from Mr.Adam Roberts – who wrote the article after conducting 70 interviews. I must appreciate his mastery to criticize Mr.Modi on every front by writing apparently positive article about HIM.
I can see that he has written 100% negative article while covering up with good words. If you rely on this – you miss the real picture.
What Do Indian CEOs say?
India
Inc compliments Modi for his desire to bring in change and for more decisive
leadership than the previous regime. On average, Modi received seven on a scale
of 10 (the better the performance the higher the score), but almost all CEOs
said there was scope for improvement.
"Modi
is 100 per cent on expectations," said Kumar Mangalam
Birla, chairman
of the Aditya Birla group. "It takes a lot of time for
us to turn a company around. And here we are talking about the whole country.
It is reasonable to expect the government will take another year before we
actually see an impact on the ground," said Birla.
Harsh Goenka, chairman of RPG Enterprises,
said Modi deserved a big thumbs-up for changing the mood from gloom to
optimism. "The growth momentum is picking up, albeit slowly. The
irony is that there was very high expectation, which led to an
expectation-delivery mismatch."
This is the realistic version
according to us.
How Normal Investors Behaves?
They want instant profits!! A company takes 3-7 years to set up and start the plan running and this guy wants to make the money in 1st minute, if possible. Forget about 1 year or long term!! He talks about Long term and Value investing, when he comes to market – but in heart of heart – he wants instant gratifications as if he is going to die in the next moment.
In last 25 years – I have come across many guys talking about long term investments and patience when they come to MARKET – but they run away in 1st year or before that.
For them investment is FASHION. They will keep on changing their investment style depending on MARKET / investment consultant /investment vehicles without looking at their main purpose of investment.
Mr.Oscar Wild has once said –“FASHION must be the Ugliest Thing that’s why people keep on changing every 6 months”
What is my call?
On Modi:-
In Nov 2013, we had said do not expect Miracles from Mr. Modi and we are being proved right. He is not failure – but your unrealistic expectations from HIM had made him failure for you!! We see he will pick up momentum post AUGUST 2015!! Just note down this date in your diary.
On Normal Investor:-
It is said – Rolling Stone Gathers No Mass / Rolling Loans Gathers No NPA for BANKS and Rolling Investors Gathers No Wealth.
Look at any start ups like FLIPKART – for the first 3 years – nobody noticed them and they are the POSTER BOY of E-commerce in India NOW.
We always tell our clients to be with us for at least 3 years and then come to the market. There are no SHORT CUTS to lasting success in life and investments.
On Media GUYS:-
They are making a scene as if PEOPLE of India have done a great favour to Mr.Modi by making him a PM and now PM is not doing enough.
The fact is – they were with the legacy and license raj government for 60 plus years and they had no choice. It was Mr.Modi, who took initiatives to fight with them on your behalf so that your next generations can get better life then you!! He has done a great favour to you.
Do not follow MEDIA blindly. They are not there for you. They are there for THEM.
If you need help in Investing – please write to us.
Have a Great Week Ahead.
Follow me on Twitter @hiteshmparikh
or on WhatsApp - +91-9869425399.
Live With Passion…Invest With Passion.
Hitesh Parikh.
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