Bellbottom Says – “Back up ka Bhi Back up Hona Chahiye”. What about you?

 19^th September 2021

Bellbottom Says – “Back up ka Bhi Back up Hona Chahiye”. What about you?

Dear Fellow Travelers,

Namaste! The above is a dialogue of the Bellbottom movie. The majority of the people want their life to go smoothly. They are not much concerned with happiness in their life. They are obsessed with not having any trouble in their life. All they believe – if there are no problems in life – it means life will be HAPPY. Let me give you good news – Not being unhappy is not equal to being happy. Let us see how this affects the investors and investment performance.

Back up Ka Back-Up: -

This kind of investor is operating out of a defensive mentality. All they want is that they should not suffer losses. So, they will diversify their portfolio. They will add some non-related asset classes in their investments so that if one asset classes go down – the other will take care of the return.

This is the favourite way of the MIDDLE CLASS. Middle Class has little more than the poor and much less than the top guys. So, they want to stick to what they have. MIDDLE CLASS has just come up from the POOR class. They know what are the hardships of the poor. All they want is not to have the same kind of troubles again. They are not HAPPINESS-oriented. They are focused on not having unhappiness.

When you focus on not having UNHAPPINESS – you are inviting it subconsciously. So, UNHAPPINESS grips them when they grow old and can’t do much or on their death bed. They repent a lot for not doing what they always wanted to do.

This kind of person never go to the TOP or Billionaire List.

Gamblers: -

The other class is a class of GAMBLERS. They are 100% opposite of the above guys. They always live their life on the EDGE. When they live on the EDGE – their life is full of excitement and thrill. They consider this excitement and thrill as their happiness. They are always happiness-oriented. They will do what makes them happy.

They play BIG. The problem is that they are GAMBLERS. So, they are playing without any backup plan. They don’t think about backup only. They just play as if every day is a Sunday.

This kind of people can become Billionaire but will not stay Billionaire for a long time.

The BUFFET APPROACH: -

The last century and the current century are blessed to have a living legend like Buffett showing us the path towards the top.

He is not BACK UP KA BACK UP TYPE or GAMBLER TYPE. He is not a mixture of the both as you might want to think.

As long as you are choosing happiness – you are choosing unhappiness by default. Both are part of the same coin. Buffett has transcended beyond the two.

Buffett kind of guy invests time in finding out the right investment idea. They keep their fund intact till they find the right idea. They have a lot of patience to find the idea and once they find the idea – they go wholeheartedly into that idea.

They are happy when they are searching for the idea, they are happy when they invest in that idea and they are happy when the results of their idea come over a period of time. They are okay to book heavy losses also and they are okay to book tons of profits also.

The major difference in Buffett's approach is to do the right things from day one. When you have selected the right company from day one – you will have mental peace from day one.

Mental peace is beyond happiness and unhappiness. When you have this approach – you are free to take action when you go right or wrong without being happy or unhappy.

These kinds of people have very good possibilities to become billionaires and stay billionaires for their lifetime.

How to find out what is Doing RIGHT from day one for you?

There can’t be one RIGHT for all. Existence is the most creative phenomenon and each child is a unique creation of existence. There is no COPY PASTE kind of creation in existence. So, there can’t be COPY PASTE kind of RIGHT for all of us.

We all have to find individually what is right for us. You need to go within to search for the answer. You need to get away from your social and religious conditioning to find out the RIGHT for you. This is easier said than done.

The easiest way is to know yourself is through the science of astrology. Know yourself in detail and plan your moves in accordance with your inner nature. When your actions are aligned with your inner self – you will have peace of mind instantly. When you have peace of mind – you will have no possibilities to get carried away by GREED and FEAR. You will stay above them.

So, start with SELF KNOWLEDGE first. If you need our help, you can approach us.

Have a Super Sunday.

 

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Live With Passion…Invest With Passion.

Hitesh Parikh.