Here is your weekly Saturday newsletter, where I share the latest updates from the site, an idea worth thinking about, few stories you shouldn’t miss, and a question for you. Let’s get started.
On SN This Week
Wit. Wisdom. Value Investing.
Here is your weekly Saturday newsletter, where I share the latest updates from the site, an idea worth thinking about, few stories you shouldn’t miss, and a question for you. Let’s get started.
On SN This Week
I recently made a pocket-zine for my kids that contained some lessons on living a good life.
They loved holding and reading it as much as I loved creating it.
Well, call it a positive feedback loop, that zine has led me to create one more. This time on the most important things in personal finance.
I call it – Personal Finance for Smart People: A Pocket Guide for Wealthier Life.
Click here to download the PDF version.
Please note that personal finance is, well, personal. So, it is OK if you reject all the ideas in this zine. See these ideas in context of your own financial goals and circumstances.
Anyways, while this zine is completely free, it is not cheap. If you wish to show your support, please forward it to someone who may benefit from it.
You may share it on WhatsApp, Twitter, LinkedIn, or just email them the link to this post.
If you are seeing this newsletter for the first time, you may subscribe here.
Stay safe.
Regards,
Vishal
Here are few things I thought were worth sharing with you:
Here are few things I thought were worth sharing with you:
Much of the time, in life and in investing, we would be better off zooming out than zooming in. Rather than being ticker watchers of our own lives, and rather than zooming in and magnifying and thus worrying about the daily volatility in our stocks, we would be better off thinking about our lives and investments as pale dots that are just specks on the canvas of eternity. Within this, if we keep doing our work well, the daily motions and volatility that we pass by must not worry us therefore.
The world is a cruel and random place. Our plans are dashed. Our systems are broken. People we love die. We lose what we have built and what we have so carefully saved and invested.
So much of what happens is out of our control: Pandemics. The markets. Supply chains. World leaders. What our neighbors do. We are drafted to fight in wars, to bear huge tax or familial burdens. We are forced to admit defeat about the thing we wanted to win so badly.
This hurts. There’s no denying that.
A Stoic heals by focusing on what they can control: Their response. The repairing. The learning of the lessons. Preparing for the future. It is in this that we become, as Nassim Taleb has said in his wonderful book by the same name, antifragile. We become better because of what we went through, better than if we had resisted and never been broken in the first place.
…it is worth remembering that the share of agriculture in the Indian economy has been falling over the years. It had stood at 54.1% of the economy back in 1960-61 and has come down to 13.4% in 2019-20. The question is: How can a sector, which is anywhere between one-seventh and one eight of the overall economy, revive the country’s economic fortunes?
HARD ONES because you know that whatever you choose is possibly the wrong path. Hard decisions are hard because you have competing priorities. Hard decisions that happen often are probably a sign that the system you’re relying on isn’t stable, which means that the thing you did last time might not be the thing you want to do this time.
EASY ONES because it probably means that you’ve got a habit going. And an unexamined habit can easily become a rut, a trap that leads to digging yourself deeper over time.
If you liked this post, please share with others on WhatsApp, Twitter, LinkedIn, or just email them the link to this post.
If you are seeing this newsletter for the first time, you may subscribe here.
Stay safe.
Regards,
Vishal
Warren Buffett’s formula for becoming smarter in life and investing is simple – “Read. A lot.”
“I just sit in my office and read all day,” he is often quoted to have said this.
I have seen a lot of investors, including myself, take this advice seriously. Though I don’t read all day, reading books – and a lot of them – seems a great way to build my learning.
My bond with books has grown so stronger over the years that now, just holding a book in my hands makes me feels smarter. 🙂
I don’t have a name for this bias, but our mind plays this funny trick with us often. Just after we buy a book, or pay for an education, we “feel” we have learned what lies inside it.
That is probably the reason most people I meet in my investing workshops want to get my recommendation for the best investing books to buy. We all feel smarter just by owning these books.
But the question is – Can you really become a smarter investor just by reading all these books, blogs, and other resources out there?
Is there something else you need more to become educated and smarter as an investor?
Safal Niveshak is now on Telegram, where I share byte-sized ideas, insights, and stuff I am reading and thinking about on the subjects of investing, personal finance, human behaviour, and the pursuit of a happy life. Basically, stuff that may be too short for a blog post and too long for a tweet. Click here or here to join my channel.
Here is your weekly Saturday newsletter, where I share the latest updates from the site, an idea worth thinking about, few stories you shouldn’t miss, and a question for you. Let’s get started.
On SN This Week
Why is this post so small? I have long been thinking of writing short posts, for multiple reasons. One, brevity makes me think harder as I must cut through the clutter and write only what is essential. Two, with considerably reduced attention spans, I risk losing your attention with long posts. Three, it makes my writing task easier. And so, here I am. Starting today, I am experimenting with writing posts that can fit into a mobile screenshot. I got this idea from here.
So, here is my first post that you may download as a screenshot. This should also help you save all my “screenshot posts” without the need to print them (maybe, use them as mobile flash cards), and also share with your friends etc.
Safal Niveshak is now on Telegram, where I plan to share byte-sized ideas, insights, and stuff I am reading and thinking about on the subjects of investing, personal finance, human behaviour, and the pursuit of a happy life. Basically, stuff that may be too short for a blog post and too long for a tweet. Click here or here to join my channel.
Here is your weekly Saturday newsletter, where I share the latest updates from the site, a new idea worth thinking about, few stories you shouldn’t miss, and a question for you. Let’s get started.
On SN This Week
Here is your weekly Saturday newsletter, where I share the latest updates from the site, a new idea worth thinking about, few stories you shouldn’t miss, and a question for you. Let’s get started.
On SN This Week
Safal Niveshak completes nine years today. 🙂
I started with a simple idea in 2011, that of helping people become better at their stock market investment decisions. The idea was just that, and I had no clue how I would do it (I still have no clue about the future!)
However, a lot has happened in these nine quick years – and the tribe is nearing 85,000 members – but as with any kid of this age, we’re just getting started.
Most of all, I want to thank you for “raising” this initiative to this point — it truly could not have happened without you, dear tribe member.
I know I’ve said it before, but it bears repeating – Thank you so much for reading, for commenting, for your interest and support, for helping this entire movement of creating smarter and independent stock market investors become greater and spread wider.
You are magnificent, and I am supremely grateful for your time and attention.
Just in case Safal Niveshak has touched your life, I would be happy and honored to read your thoughts in the Comments section of this post.
Thanks again for being here!
With respect,
Vishal