How My Friend Lost Rs.1 Cr. for Saving Just 25 paise?
May
23, 2014
How
My Friend Lost Rs.1 Cr. for Saving Just 25 paise?
Greetings
from Hitesh! A great aandhi named NAMO hit the India and everybody is
surprised. Many people are yet to digest the reality that he is the PM now. But
the market is not surprised and it is marching ahead. It has given him a Salute
of 1000 points in Nifty. Now let me share above story which I just came across.
How
My Friend Lost Rs.1 Cr.?
A potter was going to collect the Mud from the river bank in the morning.
While collecting mud, he found a stone. He washed it and found it shining in
the morning sun light. So, he decided to keep it in the Donkey’s neck.
While he was going, a Jeweler show that stone. He realized that it is a
diamond. So, he asked the price. The potter said 50 paisa only. The Jeweler
thought it is better if I get the same in 25 paise. So, Jeweler said you are
asking too much price for this stone and started walking.
Jeweler thought that potter would call him back and give the stone at 25
paise. So, he waited after walking a little. When potter cam near to him, he saw
that stone was not there.
He asked the potter, where is the stone? Potter said somebody gave me
Rs.1 and bought the stone.
Now, my jeweler friend got angry with the potter and said you are a fool.
You gave Rs.1 Cr worth of stone in Rs.1. You lost Rs.1 Cr!!
The potter said…..No Sir. I got Rs.1. You lost Rs.1 Cr.
You knew the value but still to save 25 paise, you did not pay me 50 paise. For me it was stone and I got Rs.1 for it!!
Does
this ring the bell to you?
Many times my investor friends also act like my jeweler friend. They
are more concerned with our fees than the profit
they can earn by investing based on our proven skill sets.
When
in early March we invited our friends to join us with special offer……many
joined. But those who did not join……they tried to negotiate with us (which we
never do) / they wait till I call them back (Unlike Potter, I always send you an
email. We do not have an ego issue) / they ask me for a time to THINK (only to
see that prices have moved up)!!
Those
who followed us, made tons of money in just 2 months!!
Those who worried for entry price, they missed the jackpot of life!!
What next?
The
market has started up move. Sensex will surely cross 35000-45000. FIIs are investing
money like there is no tomorrow.
I am
sure for one thing……those who invest in Indian Equities for the next 5 years…….they
will make money like anything.
Make
your choice…..do you want to save few thousands in coming 5 years or do you
want to earn crores in coming 5 years?
Your choice will decide your financial destiny.
If your choice is to make crores, please write to me.
Have a Great Weekend.
Follow me on Twitter @hiteshmparikh Or
on Whatsapp - +91-9869425399.
Live
With Passion…Invest With Passion.
Hitesh Parikh.
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