“Boss, your wisdom on SIP is 100% Correct and I agree with that but, Mutual Fund Industry will keep on growing. What do you say?”

25^th January 2021

“Boss, your wisdom on SIP is 100% Correct and I agree with that but, Mutual Fund Industry will keep on growing. What do you say?”

Dear Fellow Travelers,

Namaste! Our last post on buying Onion at Rs.100 per kg was appreciated like anything. It was early Sunday morning then also I kept receiving messages of appreciation. Thanks a ton for being a regular reader. Reading our post – I have got the above question from my long-time client cum reader. Let me deal with that.

Before I deal with let me share some of the names before I deal with the question.

Krishna / Mahavir / Buddha / Moses / Jesus / Mohammad / Nanak / Kabir / Gandhi ji / Buffett. You can add many great people of your choice to the above list.

We all are aware of Moses' 10 commandments. Jesus and Mohammad also gave the same kind of advice to the people of their generations. Their advice was something like - Don’t lie/don’t steal/don’t do adultery / Be honest and things like that. Even today also the same advice is given to the current generation by the current Guru in respective religions.

What it means?

It means from the time you can go back to history – masses have not changed their behavior. In fact, they are doing crimes more intensely in the digital world today. We have organizations to train, educate and spread terrorism in the world in some countries. Today Violence / Cheating / Rape and another kind of crimes are happening at a much larger scale than in the past. Ideally, listing to all the great guys – respective followers should have changed and peace should have been there but it’s still a distant dream. Masses don’t change with any great people. They behave in their own way.

Masses have avoided the great people in two ways. They will try to kill him first. They killed Jesus. People used to throw stones at Mahavir. Read the history. After the person is gone – they will start worshipping him. They will prepare Temples / Churches and start worshipping him.

Let me share an example of Buffett: - Masses have not changed even after living legend Buffett is sharing his top investment secret free of cost. Wall Street has done the same thing to Buffett. Rather than learning from him, they are calling him Oracle of Omaha. Now, read the meaning of Oracle – a person who has a high premonition and gives the prophecies. This is an insult to the hard work he is putting behind his every investment. They worship him. They praise him. But when it comes to managing money – they do what they feel like. The 2008 crash was the result of thier ways of working. 

My observation of all the great people tells me that Personal growth is a Person’s own Choice and some brave and committed guys under above great people surely got developed and reached to the top in their respective line. Look at Mukesh Ambani and Anil Ambani. Both have grown under the most successful father. Both got the best of the education and opportunities. But, Mukesh Bhai had a deep sense of commitment to grow reliance and he is doing the same even at the age of 64. His brother was not that much committed to his business and he has gone to ZERO while Mukesh Bhai is HERO now.

How people at the Top want to remain at the Top?

Study any guy of your choice who has reached the top in any area. He would have faced a lot of struggle and hardship. Now, if he is a businessman or political leader, or religious leader – he will try to keep his place intact by killing the competition.

Look at Putin in Russia. Look at Facebook and Google. In India also we don’t have any strong opposition against Modi Ji / Ambani and Adani.

To manage the masses, they have given the concept of Messiah. Someday a Messiah will come and do the best for them. It means they don't have to do anything!! 

We have a concept of Kalki Avtar in India. All the above names I gave were Messiahs only. They came to uplift the people of their own time. Those who wanted to change under them changed and those who did not want to change – they rejected him or killed him or worshipped him.  

Mutual Fund is marketed worldwide as a kind of Messiah who will end the financial worries of the common people. This way the money control remains with the top billionaire floated or supported fund houses and they have on tap money for selling their shares or raising debts. In the recent past, we have seen how relatively secured DEBT Funds from a leading international fund house have crashed and people have lost tons of money.  

So, a person who wants to go to the top must make a decision to face the challenges / must be ready to put all the efforts in spite of short-term failures or rejection / and must have a lot of patience before he becomes super successful in the investments or his area of work. Masses are not ready for this, so, I agree with my reader’s comment that Mutual Funds will grow.

What is My Mission then?

In the last 10 years, every year 90-95% of my total income comes from my own investments and it is growing year after year. Investing has changed my life from zero to hero in my own way. All I am trying is to motivate more and more people to learn and master the art of direct investing so that they also enjoy their life on their own terms and conditions.

What Next?

Your personal growth is your choice and your conscious decision. Don’t wait for Messiah / Judgement day or Kalki Avatar.

If you are not consciously working towards your growth, you are unconsciously working towards TOP guys growth.

Make your choice.

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

Live With Passion…Invest With Passion.

Hitesh Parikh