Namaskar,
The Mahabharata, needless to say, is one of the greatest epics in Hindu mythology written by Sage Ved Vyas. As we all know that the Mahabharata is a story of a war between the Kauravas and the Pandavas, however it offers valuable lessons on many aspects of life. Have you ever thought that the Mahabharata taught us many reasons to be a successful investor?
Today, Let me tell you about a stock market saga in a very simplified manner.
Just before the Kurukshetra battle began, Arjuna and Duryodhan approached Krishna to seek help in the battle.
Krishna was sleeping in his chamber. Duryodhan came and sat at the default seating arrangement beside Krishna’s head whereas Arjun sat near his feet. When Krishna woke up, he saw Arjuna first and then Duryodhan. Accordingly, he gave Arjuna the first right to ask for help.
Krishna asked Arjuna to choose either Krishna himself, unarmed with passive involvement in the war as a charioteer or his mighty Narayani Sena, the most powerful army in the world at that time.
Arjuna chose Krishna over the Narayani Sena! Duryodhana was pleased by Arjuna’s choice, and the thought of adding the mighty Narayani Sena to the Kauravas ranks gave him a feeling of great strength.
Just as Narayani Sena, don’t run for the Big Names only until you are not aware of the history and its significance. At times, some simple unarmed stocks like Krishna can do the magic happen.
Like Mahabharat, the Stock Market is a chaotic place, a battle fought between players motivated by emotions which, at another time, led to the Mahabharat. The pain of lost kingdoms and wealth, the jealousy of others’ gain, and the anger over people breaking rules.
As an investor when you enter this battleground, you’re mostly unaware of the emotions and intentions of different characters. But to play a long-term game and win the battle, you need to find the character that suits your personality the most.
If you are in the market to win the game of wealth, it is advised to do the stock selection wisely on the basis of your financial goal, Time horizon, Risk Appetite because as every character in Mahabharat is different similarly every stock in the is different.
In the Mahabharat of the stock market, Samay plays a major role in wealth creation through compounding. Those who understand it, earn it; those who don’t, pay for it.
“Patience is the Key to create generational wealth.”
SAMAY converts savings into wealth by compounding. Those who respect it earn it, those who don’t, usually pay for it. As said, it’s important to give time to your investments. Your Investment portfolio (whether Mutual Fund, Stocks) won’t show profit in a day. It requires years of patience to make the magic happen. That’s why it is recommended to invest in Equity for at least 5 years and more for the stocks to perform well.
These are some of the strategies from Mahabharat which can help you in becoming a successful investor, but one should always remember that investing your capital is at risk. If you are new to the market or are not confident enough it is better to have a certified advisor to be your “Shri Krishna” and guide you.
Happy Investing!
Yash Joshi is a Certified Financial Planner (CFP) from FPSB, USA. He is VP – Private Wealth at UpperCrust Wealth Pvt. Ltd. and has been associated with the Financial sector for more than 5 years.
