How Warren Buffett Deals with Concept of Profit? Must read for all investors

25^th June 2020

How Warren Buffett Deals with Concept of Profit? Must read for all investors

Dear Fellow Travellers,

Namaste from Hitesh! We all invest from profit/returns or benefits. This is normal. If there are no possibilities for profits, we would not be investing. Am I right? Most guys understand the concept in a 100% wrong way then it should have been understood. But before that let us deal with the practical example we see in day to day life.

Concept of HEAVEN: -

Take any religion and they have their concepts of HEAVEN. They have the most beautiful descriptions of heaven written in their books. PANDITS / PREACHERS of respective religions tell their people about heaven and their benefits.

With this concept – all normal people become GREEDY and they do the KARMA so that they go to heaven. Don’t you think this is a TRADE? I invest now and when I die – I get HEAVEN.

With this GREED – all of us think that there is a BETTER PLACE than earth. There is a BETTER body then which we have now. There are better females or males than your wife or husband. There are better wines than what we are getting on earth.

If we really believe in heaven – how come we are afraid to go to heaven? How come our family members are in shock when we go to heaven?  How come there are no PARTIES like MARRIAGE PARTIES when we go to heaven? If we go to a NEW house – we feel happy and give a party to our friends and family members. How come when we go to the BEST place known as HEAVEN – as described in religious books – our family is not celebrating. In fact, a person goes to the USA from India, we give him a SEND off PARTY and many other celebrations take place. Why not for HEAVEN?

If you deep down believe in this concept, without looking at your horoscope, I can predict that you will not make big money from stocks?

Heaven is the future. We are not happy with the present life situations – so our mind found a way of escape. Buffett is the most practical person on the earth I have seen. He gives the most important to the PRESENT MOMENT / PRESENT MONEY.  He is more concerned about MONEY he has now than whatever he may earn in the future. He takes due care before investing. He tries to find out the best bargain and margin of safety before investing. He knows that only PRESENT is REALITY. Each person gets the FUTURE in terms of PRESENT only. Say you are talking about Tomorrow. But when tomorrow comes – it will be PRESENT for you only. So, Buffett always says – I am okay if the market closes for 10 years after my investments.

He can say this and follow in life without PANIC – because he lives in PRESENT and invests IN PRESENT. He always has a better future because he is PRESENT oriented.

Today he is sitting on cash of USD 140 Billion and looking for opportunities without worrying about the interest loss on that capital (his money is in government securities which are not earning him decent return). I have seen many investors having even Rs.2 lakhs will not like to wait for the proper opportunities before investing their money. They would talk about interest loss and things like that.

Like heaven – they give more importance to the RETURN they may earn on their capital. Say he is having Rs.10 lakh and he is expecting to earn Rs. 2 lakhs in a year, in greed to catch those opportunities – he will invest his Rs.10 lakh without much research and diligence. In other words, Rs.2 lakh becomes more important than Rs.10 lakh which he has in the present moment.

Knowing their weakness – these guys are soft targets of Politicians / Religious Preachers and Operators in the market.

How many of you believe that ASTROLOGY is for FUTURE PREDICTIONS?

I am practicing astrologer for the last 20 years and my learning goes for about 33 years. 75% of my life has gone into research and learning in this field. The most often asked question is – how is my future? This is asked by 99% of the people.

The underlying assumption behind this question is – I don’t want to change myself NOW. I don’t want to take any pain to do new things now. If the STARS are good and they are going to make me BILLIONAIRE – why the hell I take all the troubles? These guys give me a 100% profit in terms of my fees. I don’t feel shame in taking money from this kind of client. Many of the guys have a habit of meeting new astrologers every time they hear a new name. It is their favorite past times. They feel happy by listing to all the positive things an astrologer may tell them about their future. By the time they go home – they forget and get back to their routine.

Only smartest of the smart people have asked me – I want my future to be like this – what should I do in present to make that a reality?

ASTROLOGY is devised by our SEERS to deal with the PRESENT MOMENT. It is never for the future. ASTROLOGY tells you what you should do NOW, to get what you want in the FUTURE!! 

For NORMAL people this is really a trouble. They don’t want to take that MASSIVE / DRASTIC and FAST actions in PRESENT to change their future. This was one of the reasons why J P MORGAN used to say – “ASTROLOGY is for BILLIONAIRES and not for MILLIONAIRES.”

What NEXT?

Always appreciate what you have NOW. Use all your PRESENT resources without GREED and FEAR. Use all your judgments/skill sets before you invest. Then leave it to the market. I can assure you if you have taken the first 3 steps properly – you will have the end results in terms of profits or happiness.

If you like our way of thinking and working, you can approach us for our guide to change your present moments NOW.

I wish you all the best.

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

Live With Passion…Invest With Passion.

Hitesh Parikh