Learning Investments Mr.Narendra Modi Style
Saturday, May 27, 17
Learning
Investments Mr.Narendra Modi Style
Greetings from Hitesh! Mr.Modi has completed
3 years and there are praise and criticism depending on the party one support.
For investors in the equities there is no way to complain as the SENSEX has
made 31000. Today we are going to learn long-term investment from Mr.Modi.
The game Modi is playing is very simple and
transparent. If you really pay attentions to the same with an open mind – you
can pick up the art of long-term investments easily.
Vision
+ Purpose:-
Many guys talk about the vision of the
things they want to achieve in their life. Normal Indian is full of
philosophical knowledge. They can talk about almost on any subject as if he is
an experienced guy in that area.
Modi is different. He has documented his
vision and that vision is backed up by SOLID purpose to BRING ACCHE DIN for the
fellow countrymen. He is working without a BREAK. He is using all the resources
he can use to achieve his purpose.
Lesson for investors:-
Have well documented VISION and back it up
with SOLID EMOTIONAL PURPOSE. Unless you have SOLID EMOTIONAL PURPOSE you will
hesitate to sacrifice your routine/ sacrifice your present money for
investments/find it difficult to stick to your vision.
At destiny management we train out investors
with this so that they stay focused on their vision.
Guts:-
Having vision + purpose is useless – if you
have NO GUTS to take actions. Mr.Modi has taken very bold decisions, which had
affected the people and economy in the short period. If you look at the last
three years – normal guys have suffered only. But he is unfazed and he is
moving towards his vision.
Lesson for investors:-
When you invest for long term, your current
consumption may suffer, your family members may suffer in short period of time
as all your money is getting invested, you may not be able to make TRIPS to
ABROAD while your neighbours are going it ever year. But this is the price you
have to pay, if you really want to make BIG MONEY. The point is CURTAILING the
UNNECESARY consumption.
Taking
small step at a time:-
After Winning he has started taking one step
at a time towards his goal. Now he is focusing on winning in each of the STATE
where the elections are approaching. This way he is making his position strong
at the center.
Lesson for investors:-
If you have invested in MARUTI at the
BEGINNING, it would have made sense to look at his suppliers. They would also
have grown with the MARUTI. You don’t need an MBA to invest in them.
Keeping
close watch:-
He keeps on travelling to every corner of
India and the world. He earned a name as NRI PRIME MINSITER due to his
excessive foreign tours in the beginning of his PM tenure. He is keeping a
CLOSE WATCH on all the components of his VISION. He is in direct touch with
many of the ground level staff also. He is accessible to his people.
Lesson for Investors:-
Buffett said – KEEP all your EGGS in one
BASKET and keep a CLOSE WATCH on it. Mr.Modi is doing the same. We also recommend
the same strategy to our clients. You can’t get the stories like Infosys /
Maruti / MRF very often in your lifetime. So, when you get it – it makes sense
to play a big shot.
Do
not worry about short term out come.
Mr.Modi is still talking about ACCHE DIN to
the FELLOW CONTRYMEN, though he has not made it possible in last three years.
Prices of FOOD PRODUCTS and TAXES have SKYROCKETED but he is not changing his
tone. He is committed to make it happen and he is not worried by the criticism
of the opposition parties.
Lesson for Investors:-
In last 25 years – I have observed that when
a NORMAL guy talks about LONG TERM, all he wishes is that next morning company
should open 20% up. He keeps on looking at the short-term prices and keeps on
being happy or unhappy depending on the price movements. There is no surprise
that they remain NORMAL for their lifetime in spite of having MARUTI/ INFOSYS /
MRF in their portfolio.
Ultimate
Reward:-
The best reward GANDHIJI got is that every
big currency note has his PHOTO in India. Prime Minster kept on changing but
GANDHI is still there. Same way I see MODI is going to be seen by future
generation of India. He will be immortal by his actions he is taking NOW.
Lesson for Investors:-
Ultimate reward for investors is not MONEY.
It MUST be that he should not be worried about earning money anymore. When he
gets up in the morning – he should have many other options rather than thinking
about earning money. I call it FINANCIAL FREEDOM. I am preparing my investors for the same.
What
NEXT?
Modi has his VISION and PURPOSE and he is
working towards the same. If you want to be busy your whole life worrying about
your next salary or your next job or worry about your business competition, you
can keep on doing what you are doing. But if you want to reach FINANCIAL
FREEDOM – be with HITESH PARIKH for 3 years.
Have a GREAT WEEKEND.
Follow me on Twitter @hiteshmparikh and join me on
WhatsApp on +91 986 942 5399.
Live
With Passion…. Invest With Passion.
Hitesh Parikh
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