Unknown Facts of Mr.Narendra Modi as a Successful Investor
June
1, 2014
Unknown
Facts of Mr.Narendra Modi as a Successful Investor
Greetings from Hitesh!
You have always seen Mr.Modi as a successful politician and most loved leader
of the land. I am sure you must not be aware about his investments style. Am I
right? As usual, I will be the first to write
about it to you today.
He follows just three
steps while he invests. They are as under.
1. Seek New
Ideas and Try New Things:-
This is the most
important aspects of investments. You must be on look out of new and new ideas
for investments. Once you find out, you need to try them.
This step
is known as Variation in Management Parlance. If you look at his last 12 years
in Gujarat, he kept on seeking new and new ideas and implemented them with enormous
success.
Look at
his speeches in last six months. It had the local flavor and local issues in
them. So, he was implementing variations in them.
Look at the means
of communication he used in his campaign. You name it and it was there. So, he
was giving speeches and his media men were communicating with masses with all
possible means!!
If you look at our
emails……we also follow the variations. We use all possible means to study the
market and investment ideas. We study the company from fundamental /technical perspective/general
ground realties/astrological aspects/ personal capacities of success in
investments and many more.
We also use the
variations in our communication to you – through WhatsApp /Twitter / Text Msgs and
Emails.
Most normal investors
face three challenges while they go for the new ideas.
1. Not
ready to change:-
They are not ready for new ideas and new ways. They are happy with their same
old style of investments. They do not believe in appointing a consultant or
investment manager for their investments.
2. Mega
Variation:-
If they overcome the first resistance of not to change they want major changes
and they want it as fast as possible. They go from one extreme to the other.
Suppose they get
convinced with an investment idea, they will go all out and buy 10-100 lots in
futures or 1000 to 100000 shares in cash!! They want to get rich quick!!
When you do mega
variation, you will find it difficult to handle, if the same does not go the
way it was expected!!
3. Equal
Standards:-
This is the major and most difficult aspect to handle. Once they make fast money
in some company, they want all other investment ideas also to perform the same
way!! The height comes when they give the example of how fast their neighbor or
friends made money in stocks!! They want to beat the same!!
Idealistically
looking, it makes sense to expect fast and same kind of returns from all your
investment ideas. But that does not happen in practice.
This issue gets
compounded when they look at Soft Drinks or other packed eatables……you get them
as they are anywhere you go!! Because they are Static in nature…..one time
solution works there….but in the most dynamic market conditions, you will never
get all the companies giving you same kind of returns and with the same speed!!
2. When
Trying New Ideas, Do It On A Scale Where You Can Survive Failures:-
Mr.Modi practiced as a
CM of Gujarat for 12 full years before opting for PM. He knew how to deal with
failures when they were small.
Most management
courses are for 2-4 years. They teach you to deal with Case studies. When you
deal with case study, you get the idea of failures and success and the complex
nature of problem you may come across in practice.
We also ask our
clients to be with us for at least 3 years. We have seen that initial success
or initial failures melt down in a period of 3 years.
3. Seek Out
The Feedback and Learn From Your Mistakes As You Go Along:-
You have tried new
ideas. You have tried at a small scale. Now is the time for Selection of future
course of action. So, you get the feedback, learn from your mistakes and re-plan
your future strategy.
Getting an honest
feedback is the most difficult thing in politics and corporate culture. The
truth is always sugar coated. So, Mr.Modi went to masses himself. He did
some 500 plus meetings. He got the feedback from the grass-root levels.
While studying the
market, we also look at the ground realities and not only the balance sheets
and charts. They can be manipulated but not the ground realities!!
What Next?
I follow the three
steps of Mr.Modi on a regular basis. If you also like to be as successful as he
is today…… you need to start from somewhere.
We suggest you try our
membership……and learn the fine art of investments. We are sure, your feedback will
be positive.
If you agree with the
first step of joining us……do not stop. Just write to us and we will come back
to you.
Wish
You A Very Happy Sunday.
Follow me on Twitter @hiteshmparikh Or
on Whatsapp - +91-9869425399.
Live
With Passion…Invest With Passion.
Hitesh Parikh.
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