The World is moving from JUST IN TIME to JUST IN CASE. What about you?
31st March 2022
The World
is moving from JUST IN TIME to JUST IN CASE. What about you?
Dear Fellow Travellers,
Namaste! Today is
the last day of the financial year. As usual, most of the readers are approaching
us at the last moment for our services. Let us see how the JUST IN TIME concept
is leading to mediocre progress in life.
How do Normal
people behave?
1.
Most people start buying
in the market when the market is at the TOP. They sell when the market is at
the bottom.
2.
Thanks to CORONA – most people
went for the Mediclaim policy after they suffered the expenses for the treatments.
3.
I get the most request for
astrological and Vastu guidance when the people are in soup.
4.
They develop a relationship
with neighbours and relatives when they are actually in need of their support.
Now, when those people deny help – our normal people will blame them for being
Selfish.
5.
Those industries/companies
which used to follow the JUST IN TIME concept for their raw material procurements
and last minutes payments schedules – are in the soup now due to WAR.
I am sure you would
have observed many such incidences around you and in your life.
These kinds of people are the good customer for INSTANT RESULTS providing BABAs / Guaranteed return
providing investment managers. Another specialty of these people is – they like
CHAMATKAR doing people. Today’s new paper carries a story of an actress RIMI
SEN, who was promised a 28-30% return. She lost Rs.4 Crs. You will find many such
incidences around you.
How do BUFFETT kinds of people operate?
They operate out of the JUST IN CASE paradigm. Buffett has given his famous dialogue – “You can’t
have a baby in a month by making 9 women pregnant. You need patience for 9
months with one woman whether you like it or do not like it”.
The advantage in
this approach is you are always ready for the emergency and sudden opportunities.
This approach allows people to plan for the resources when they are not urgent. Traditionally, Indian parents keep on buying some gold every year for
their daughter’s marriage. They know, they will not have the budget to buy gold in one
go when the other marriage expenditures are to be met.
The biggest benefit
will be on your HEART. It will always be stress-free.
Today those corporates
who invested their money in 3-6 months of raw materials are having a gala time now
when other competitors are not able to get their raw materials or they are
getting at a premium price.
JACKPOT Return
and the above attitudes: -
It is a proven fact
that 20% of the opportunities earn 80% of the return and 80% of the
opportunities earn 20% of the return.
Those who are JUST
IN TIME kind of people – they will remain busy all the time and generate 20% of
the return. JUST in CASE kind of people will be taking advantage of 20% of the opportunities
which gives them 80% returns.
If you want to earn
tons of money – change your attitude to JUST IN CASE.
Munger’s
example: -
Munger was reading
one investment weekly from 1950 to 1992. He didn’t follow any of the
recommendations given in the magazine. But he used to buy and he used to read. He
invested 42 years. In 1992 – he liked one idea and he asked his manager to
invest a few million dollars in the same. He made billion dollars in just 2
years.
This is JUST IN CASE
operating.
I am blessed with many
clients who have this vision and they just stick to me for years or decades
without worrying about my fees and other expenses. They are doing wonders.
What
NEXT?
Just in case, you want
to join us – you can take fast action Now or approach us Just in Time when you
need.
Have a Great New Financial
Year.
Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.
Learn a
Lesson. Live with Passion & Invest with Reason.
Hitesh
Parikh.
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