One Important Event of MULLA NASRUDDIN’s life on Fool’s day

1^st April 2020

One Important Event of MULLA NASRUDDIN’s life on Fool’s day

Dear Fellow Travellers,

Greetings from Hitesh! March is over and we are in the new month and the new financial year. I pray to almighty that we all come out of the CORONA effect and have a healthy and happy life going forward. Today is Fool’s day and we make fun of people we love. Mulla Nasruddin had a unique way of teaching people. It was filled with laughter. People used to love him. Today I am sharing one event from his life and let us learn from him

When Mulla wrote an Essay on Dog for his Younger son: -

Mulla was sitting with his friend and his younger son came with an essay on DOG which Mulla had written for him. He said the school teacher told him that the essay is the same as it was written for his elder brother 2 years back. There is no change in COMMA also. The teacher said this is COPY PASTE and this will not do.

Mulla looked at the son for some time and said – “tell your teacher that the Dog is the same on which the essay is written. When the DOG is the same – how come the essay can be different?”

Dog and Market: -

      

Let me remind you two famous sentences of Jesse Livermore who made tons of money in 1929 mandi.

1.  All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis.

2.  There is nothing new on Wall Street or in stock speculation. What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is a human emotion; solidly build into human nature, that always gets in the way of human intelligence. Of this I am sure.

Lessons for Investors: -

Use the fall in the market as a buying opportunity. This is coming after 2008!! What’s more – it is giving a fabulous discount of 40% and more. If you don’t act now - you will repent later. Remember DOG is the same.

What NEXT?

I wish you all a very happy financial year 2020-2021. If you need help with investing or personal guidance, you can approach us.

Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.

Live With Passion…Invest With Passion.

HITESH PARIKH,