Your Attention Span and Your Investment Success
8th July 2022
Your Attention Span and Your Investment Success
Dear
Fellow Investors,
Namaste!
Yesterday we had seen that how the top 3 USA guys made tons of money last year
at the cost of their shareholder's benefits. They planned their moves meticulously
ahead of time. We have seen that Reliance took the license for JIO in 2011
and started it in 2017. Now, reliance has started working towards GREEN ENERGY
and the year is 2030. Buffett invested in the North Burlington Train company with a
vision of the year 2050.
What is the common link in all the above examples?
They
had a very long attention span while they executed their dream of making money
/ investing or starting a new plant.
When
you have a long attention span – you have a very holistic vision of all the
events/obstacles or issues coming your way towards your goals. You see
everything is connected and you take one step at a time without losing a vision
of the end results.
The
difference between super-successful investors and not-so-successful investor is
their attention span.
The
losers worry about the market on an hour-to-hour or day-to-day basis while the
winner sees the larger picture and focuses on doing their business or activities
which make them happy.
How is attention span affected in the current time?
Today
we have 600 or more TV channels. Unlimited Internet media options. I have seen
people going from one website to another website without taking the time to read
the content. When you have no time to read or watch the content – where is the
time to think about it?
With BINGE watching – people see back-to-back programs or web series. Now ask
them about the actors or some finer details – they would have forgotten about
the same as they would be watching the new series the next day.
In
short – doing more / being busy in unproductive activities has taken the place
of quality doing or spending quality time in chosen activities.
It
is very difficult to explain to the DOING MINDSET guys that you can’t do
everything. They believe in MULTI-TASKING and things like that.
When they receive the message – they have no time to read but they do have time to forward it to 100 other groups. The guys who receive the message is also doing the same. They watch the TV or WEB SERIES while having DINNER.
In some homes, I have seen that the mother is not able to handle the kids so she
will give MOBILE to the kids and make her eat the food. The height comes when people take the mobile in TOILET in case, they get some CALL.
If
you see any of the above activities in your life – you should realize that your
attention span is very less. You can’t think beyond a minute or an hour or a
day.
What did Mrs.Fadnvis tell the Media?
She
was sharing that Mr.Fadnavis used to change his look and go to meet Mr. Eknath
Shinde for the last 18 months. Can you see the patience of Mr. Fadnavis and
his attention span about the end results to oust the MVA Government?
Do
you think in one day only Mr. Shinde would have agreed to the proposal of Mr.
Fadnavis? They would have spent many sleepless nights planning each and
everything in detail to reach the current status.
The
point I am driving is – you must have a very long attention span to be successful
in life and the market. If you are not having that – you will not be able
to enjoy the fruits of your success. Looking at the health of Mr. Rakesh, I
feel that somewhere he had neglected his health to make the money. While Mr.
Buffett kept his attention span on health also.
How to increase the attention span?
A
book can be written on this subject. But I will share two simple techniques.
1. Check the placement of MOON in your horoscope. If
the moon is not placed properly or afflicted by negative planets - you will end
up having a very small attention span. You will have no control over your
emotions and memory. This will affect the quality of your life.
2. Check the NORTH EAST direction of your home or
office. If it is affected – you will have emotional and attention issues. This
will spoil your health/wealth and relationships.
The
above two are the easiest and sure-shot ways to find out about your attention
span. Once you find out the same – we can deal with the next step of increasing
the same.
What NEXT?
Whether
you agree or not – without a long attention span – you will not be able to take
your life to newer heights. If you want our help in dealing with your
attention span – you can contact us.
Take
your call.
Follow
me on Twitter @hiteshmparikh / WhatsApp
- +91-9869425399.
Learn a Lesson. Live with Passion & Invest
with Reason.
Hitesh Parikh.
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