4 Mistakes of Duryodhana that killed his family and his life, and lost the Kingdom.

2^nd July 2023

 

4 Mistakes of Duryodhana that killed his family and his life, and lost the Kingdom.

 

Dear Fellow Investors,

 

Namaste! Our post on 3 Mistakes of KARNA is still the most-read post. Today we are dealing with the 4 deadly mistakes of the DURYODHANA which killed his 99 brothers – lost his life and kingdom. I am not considering the collective losses the other kings and supporters would have suffered due to this. Let us learn some important lessons from investment perspectives.

 

1^st Mistake: -

 

Chose the NARAYANI SENA over NARAYAN: - 

 

When he and Arjun went to Lord Krishna for support in the war – Lord Krishna gave him the first opportunity to choose between himself and his military. Krishna also said that he is not going to fight personally. Being short-sighted, he chooses the military. 

 

How do small investors make the same mistakes?

 

They chose small-priced shares from Rs.1 to Rs.20. Their logic is that they can buy in thousands and their money can multiply faster when they have a BIG QTY of certain shares. They choose QUANTITY over QUALITY. We all know the end results – they end up losing their hard-earned money / blaming their luck or blaming the market operators. 

 

The first lesson in the investment is to keep your capital safe and the second is to multiply the same. Like Duryodhana, Small investors are short-sighted and they give first preference to the RETURN and not to the CAPITAL. 

 

2^nd Mistake: -

 

Didn’t become fully NAKED when he went to see his mother for ENERGY.

 

Before he was to go for the fight – his mother asked him to meet him fully naked so that she can give him the power of her tapas of keeping her eyes closed for years. He covered his body up to his thighs and that part remained weak and BHEEMA killed him by hitting hard on the thighs only. 

 

How do small investors make the same mistakes?

 

In the last 30 years of my dealing with individual small investors – I have seen 2 chief traits. 

 

They don’t confess that they don’t know about investing. They give the impression to the consultant that they are knowledgeable and the consultants also believe them at face value. Since they have said that they know all – they are not explained many things in detail. In short – they do not become NAKED in terms of their ignorance while dealing with their investments. They get the shock of their life when the market goes down suddenly due to some panic reasons.

 

The other thing they do is talk about LONG TERM investments with the SHORT-TERM attitude. They want their long-term shares to move up fast in the short term!! Even God can’t save them from losses and frustration. 

 

3^rd Mistake: -

 

Not going first to FIGHT.

He went to fight on the 18^th Day. Had he gone on the first day – he would have realized the severity of the WAR and he would have got experience of fighting such a large-scale war and he could have avoided the losses early. 

 

How do small investors make the same mistakes?

 

When we said buy on 20^th March 2023 – not a single small investor listened to us. They followed the MEDIA. Now most small investors have come to the market when the market crossed 17800. All smart investors followed us and they have made tons of money in the last 3 months. 

 

When they miss the entry time – they miss life’s money-making opportunities. 

 

Another trait of the small investors is that like DURYODHANA – who took the support of various kings – our small guys also divide the portfolio into various parts – SIP / FD / GOLD / PROPERTY and finally small amount is left for DIRECT EQUITY. 

 

Big money is always MADE in DIRECT EQUITY. Duryodhana also did not fight directly from day one and our investors also follows the same. Have you seen they come and they go very fast in the market. 

 

4^th Mistake: -

 

Appointing YES MAN / FREE or RELATIVES as a consultant.

 

The chief consultant of DURYODHANA was SHAKUNI. He was dependent on DURYODHANA for his livelihood – life and he was not having any respect from DURYODHANA. 

Now when you are not paying anything to the consultant – when you are related to him and when you have no respect for your consultant – he will guide you to the DEATH without your knowing. SHAKUNI took revenge on DURYODHANA for all of the above.  

How do small investors make the same mistakes?

They listen to their Brother in Law – Neighbours or fellow travelers in TRAIN. They also give tons of weightage to the FREE FUND CONSULTANT on YOUTUBE and MEDIA. They are doing their job of marketing their company or channel. They will take revenge for their FREE ADVISE in terms of your losses. 

Since you have not paid them – not having respect for them – you are bound to suffer. 

GURU POORNIMA SPECIAL MESSAGE: - 

Tomorrow is GURU POORNIMA. Each and every person whom you have learned directly or indirectly is your GURU. Whether you pay them or not – have deep respect for them. If you have no RESPECT and GRATITUDE towards them – you are going to suffer in one or another way in your investments or in your life for sure.

If you think you are following DURYODHANA knowingly or unknowingly – change your way of investing and living your life. 

Please accept my Gratitude and Pranam for teaching me tons of things from your mistakes. 

 

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

Learn a Lesson. Live with Passion & Invest with Reason.

 

Hitesh Parikh.