At a restaurant, a cockroach suddenly flew from somewhere and sat on a lady. She started screaming out of fear. With a panic stricken face and trembling voice, she started jumping, with both her hands desperately trying to get rid of the cockroach.
Her reaction was contagious and as everyone in her group also got panicky. The lady finally managed to push the cockroach away but …it landed on another lady in the group. Now, it was the turn of the other lady in the group to continue the drama.
The waiter rushed forward to their rescue. In the relay of throwing, the cockroach next fell upon the waiter.
The waiter stood firm, composed himself and observed the behavior of the cockroach on his shirt.When he was confident enough, he grabbed it with his fingers and threw it out of the restaurant.
was the cockroach responsible for their histrionic behavior?
If so, then why was the waiter not disturbed? He handled it near to perfection, without any chaos.It is not the cockroach, but the inability of the ladies to handle the disturbance caused by the cockroach that disturbed the ladies.
It is not the shouting of your father or your boss or your wife that disturbs you, but it’s your inability to handle the disturbances caused by their shouting that disturbs you. It’s not the traffic jams on the road that disturbs you, but your inability to handle the disturbance caused by the traffic jam that disturbs you.
More than the problem, it’s your reaction to the problem that creates chaos in your life.The women reacted, whereas the waiter responded.Reactions are always instinctive whereas responses are always well thought of, just and right to save a situation from going out of hands, to avoid cracks in relationship, to avoid taking decisions in anger, anxiety, stress or hurry. Some days before I was reading ‘Stocks to Riches’ a famous book by Parag Parikh in which it is mentioned that studies of different types of investments over 20 years (1984–2004) show that equities have done exceedingly well with average returns of 15.8%(as compared to PPF 11.2% and Cash 4%) but still most of the investor lose money in stock market. Its is not market’s complexity but it’s your inability to achieve the returns on your money invested due to lack of knowledge or may be because of some other reasons. The platform, stocks, techniques, indices everything is same for everyone but few of them get the reward and others take their decision out of their emotions. Before every investment, Company analysis is very important and this simple thing 90% of investors don’t understand because most of them come just to make a quick buck .The company has lots of things to observe, See the financials, concentrate on ratios and margins, compare with peers, study about promoters, keep an eye on liquidity, make sure you know the debt, know future plans, forecast the scope, speak up with indicators and press BUY button. The simplicity of implementing the technique is what makes you a better investor and it is that simple. You must have heard about Rakesh jhunjhunwala an Indian Billionaire Investor and Trader who is a Chartered Accountant and manages his own portfolio as a partner in his asset management firm. Jhunjhunwala has been described by India Today magazine as the “pin-up boy of the current bull run” and by The Economic Times as “Pied Piper of Indian bourses”. As per Forbes, he is the 50th richest person in India, with the net worth of USD 3 billion (as of June 1, 2018). Now see his simplicity and you will automatically understand what I am trying to say.
Once you understand it all, nobody can stop you to become a successful investor. Cheers! For more articles, join Free Telegram Channel : Telegram | t.me/equityboxx