Most Important Investment Lesson from AKIO MORITA in book MADE IN JAPAN for INVESTORS

Thursday, 13 December 2018

Most Important Investment Lesson from AKIO MORITA in book MADE IN JAPAN for INVESTORS

Greetings from Hitesh! Yesterday we learnt from mistakes of Mr.Modi. There are videos of people saying MODI is working 16-18 hours and we don’t deserve the person like MODI. We have failed him by failing him in 3 states. The fact is PEOPLE DON’T CARE HOW HARD HE WORKS, TILL THEY KNOW HOW MUCH HE CARES FOR THEM. Modi had failed in showing that he cares for his people. Rahul could show the people they he cares for them.

Today I am dealing with something more important for investors.

In a BOOK MADE IN JAPAN, which is a BIOGRAPHY of AKIO MORITA, co-founder of SONY, he shared one of the most IMPORTANT DECISION he made. I want to share the same with you all.

In the early days of SONY, they had developed a TRANSISTOR and they were barely having a capacity to manufacture 10000 units. 2^nd world war was just over, and they had too much crunch of resource. They were barely able to run their show. One company approached him with an order of 100000 units. They were ready to finance the raw material and assuring them a handsome profit in short term. It was a golden opportunity for them as they had failed in earlier venture of RICE COOKER. Their only condition was that TRASISTOR will have their name and not SONY.

AKIO MORITA rejected the offer. He said one day we will be as big as this company and I don’t want to sell my things on their name.

Morita says it was the most important decision as 50 years down the line it helped him to make SONY what SONY is today.

What is the INVESTMENT LESSON?

I see many investors come to the market for investments. They buy the shares and by stoke of luck or timings – their share moves up very fast in short time. These guys which had a plan for long term holding – sell their stock for short term profit and they become TRADER instead of INVESTOR.

In the long run they remain trader everyday looking for the new ideas. Since their profitable trade, they would have booked losses in N number of other trades and they would not have accumulated a good wealth.

I know many guys who are in this market since 1985, when the index as around 300-400. Today index is near 40000. They should have been multimillionaires had they kept their holdings tight.

But their desire for short term gains took away the chance to make MILLIONS. What else, they lost their peace of mind as they had to look out for newer ideas every day. Since they did not make money, they started believing that you can’t make money in STOCK MARKET. The fact is 100% opposite.

Why this happens?

When they know that price will still go up, how come NORMAL investors end up selling shares for short term profit.

Most of the guys operate on TIPS or borrowed investment ideas. They don’t have the skill set or mindset to study or learn the investment idea in detail before investing. Since they don’t have their own study, they lack the conviction to add or hold when the crisis comes in the market.

They want something for nothing. They operate out of GREED. GREED and FEAR are the two sides of the same coin. If you have GREED, it means the FEAR is hidden somewhere. It’s the matter of time when FEAR will take over and you will screw up all what you have gained.

What NEXT?

There are no short cuts in the market and life. You need to prepare yourself for the INVESTMENT MARATHON. We help our clients to prepare for the same with right inputs at right time.

If you feel that you have lost many golden opportunities, current time is right for you to recover your losses. Do approach us NOW.

I wish you all the BEST.

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

Live With Passion…Invest With Passion.

Hitesh Parikh.