Difference between 1 million and 1 billion and your investment behaviour

Wednesday, May 11, 16

Difference between 1 million and 1 billion and your investment behaviour

Greetings from Hitesh! Reading above title – many of you will jump and say – we know 1000 million is one billion. Yes. You know it. What you know is the calculation of 1 billion and not the difference!!

If you see any financial channels – they use Million and Billion in one BREATH as if they are same. The point here is to UNDERSTAND the real difference between both of them.

Let me give you the perspective of Million and Billion by converting them into Seconds.

One Million Seconds V/s One Billion Seconds:-

If you convert once million seconds into DAYS – you will get 12 days. And if you convert one billion seconds into days do you know what it comes. Any guess? Just try.  

It comes to 32 years!!

Now, compare 12 days with 32 years and you will get the perspective between the TWO.

12 days passes just like that but 32 years is about 50% of the life for most of the Indians when we look at the average life expectancy of 64 years.

So, when you next time hear these two words – you will be alert about the meaning of them.

  

How does this RELATE to INVESTMENT BEHAVIOUR?

This leads to Illusion of information as per the legendary hedge fund manager – PAUL TUDOR JONES. Just read what he has to say……

“I see the younger generation hampered by the need to understand and rationalize why something should go up or down. Usually, by the time that becomes self-evident, the move is already over.

When I got into the business, there was so little information on fundamentals, and what little information one could get was largely imperfect. We learned just to go with the chart. Why work when Mr. Market can do it for you?

These days, there are many more deep intellectuals in the business, and that, coupled with the explosion of information on the Internet, creates an illusion that there is an explanation for everything and that the primary task is simply to find that explanation. As a result, technical analysis is at the bottom of the study list for many of the younger generation, particularly since the skill often requires them to close their eyes and trust price action. The pain of gain is just too overwhelming to bear.”

How Illusion affects your Investment Performance?

I am sure after reading the difference between Million and Billion – you would be surprised about your own interpretation of the same. How many of you thought this way - 12 days v/s.  32 years?

Same way many guys come to the market for investments. But they are not CLEAR for SHORT TERM and LONG TERM. When they are not clear – they end up leaving the game in the HALF WAY.

How to DEAL with the ILLUSION?

Your core purpose of doing something should be the guiding force at all the time. Any proposal given to you – just ask one question – does it match with your core purpose, if yes, go ahead if not – just leave it.

Now the CHALLENGE is to DECIDE the purpose!!

95% of the guys are not clear about their CORE purpose and they keep on TRIAL and ERROR in their life. If they succeed, they think they are SMART and if they fail – they are always ready to BLAME others. But the FACT is they are in ILLUSION!

If you wish we can help you find out your purpose. Just let me know.

Tomorrow is a FULL DAY GURU PUSYAMRUT YOG. Just take advantage of the same by investing in SHARES / GOLD / PROPERTY or in our membership. In fact, if you invest with us – all other areas will be easy to invest.

Let me know.

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

Live With Passion…Invest With Passion.

Hitesh Parikh.

www.hiteshmparikh.com