Are you EXPERIENCED INVESTOR or EXPERIENCING INVESTOR?

August 30, 15

Are you EXPERIENCED INVESTOR or EXPERIENCING INVESTOR?

Greetings from Hitesh! It has been a pleasant surprise to see the words of appreciation for my last post “Similarities between 14^th Century King Timur Lang, WARREN BUFFET, RAKESH and RAHUL YADAV.”  I am happy that you all have liked the concept of controlling your own money. In case, you have missed – I suggest read it on our blog. Many have decided to join us to learn the same. If you also want to learn free of cost – you can do it by becoming our member. Just write to us.

EXPERIENCED INVESTOR:-

Now let me come back to above captioned question. Most of you are conversant with the word EXPERIENCE. You have used it in your JOB application / Interview / Matrimonial applications and interview. Campus interview and things like that. According to my view – word experience is the main reason for your worst performance in any area.  The correct word should be experiencing. Let me deal with both of them.

When you use EXPERIENCE – it means you are referring to some kind of END/FINISH/ Conclusion. You are saying “I KNOW IT”. In other words – nothing NEW can be added to you. Taught to you. You are like an MBA – (MANE BADDHU AAVDE CHHE – I KNOW ALL in short). In short – you stop growing mentally!!

EXPERIENCE leads to EGO. You are always ready to DO or Not To Do something. The main aim is EGO satisfaction and confirmation of your EXPERIENCE. You stay away from realities of MARKET. You remain in your own make believe world.

With EXPERIENCE - You are not open for NEW possibilities and surprises. You become your EXPERIENCE. When sudden new situations emerge – you become FEARFUL or GREEDY. Both are negative for being and remaining good investor.

EXPERIENCEING INVESTOR:-

It shows continuity. It shows life in it. Every moment you are changing. You are open for new ideas and new style of investments. You have no EGO. You are just trying. You are not FEARFULL or GREEDY but you are filled with WONDER. Your goal is not RETURN or GOING RIGHT and satisfy your ego - you are just enjoying your investments.

When you use terminology of EXPERIENCING – you know you and your investments are two different things. You do not become FEARFUL when it goes down and happy when it goes up. You just see them going down or going up. When you can separate them like this – you will take appropriate action by default during market ups and downs. You will see the VALUE V/s. Price by default.

MR.BUFFETT is an EXPERIENCING INVESTOR:-

How many of you will continue to hold your investments and keep on investing when your share holding prices goes down by 50%?

As per recent interview of MR.CHARILIE MUNGER to BBC – they have seen their holding value going down by 50% - 3 times in last 40 years and still they continued. See their status now.

Experiencing leads to staying invested for long time. If you are not ready for EXPERIENCING – you will not grow in any field – forget about investments. You will not be able to continue only!! You will stop. You will develop your own CONCLUSIONS and BELIEFS.

What Next?

Market is MOST DYNAMIC PHENOMENON. Your experience has ZERO value to it. You need an ATTITUDE of EXPERIENCING to take the best out of it.

If you are ready for EXPERIENCING WEALTH CREATION FOR YOU AND YOUR GENERATIONS – Do contact us.

Wish you all a SUPER SUNDAY.

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Live With Passion…. Invest With Passion.

Hitesh Parikh