“And once the storm is over, you won’t remember how you made it through, how you managed to survive. You won’t even be sure, whether the storm is really over. But one thing is certain. When you come out of the storm, you won’t be the same person who walked in. That’s what this storm’s all about.” ~ Haruki Murakami

“In the midst of chaos, there is also opportunity.” ~ Sun Tzu

In a 1959 speech, American President John F. Kennedy famously said: “When written in Chinese, the word ‘crisis’ is composed of two characters — one represents danger and one represents opportunity.”

Although today it is widely recognized that this is not the correct interpretation of the Chinese characters, Kennedy’s wisdom about a crisis yielding unique opportunities may be more important than ever.

While it may sound selfish to treat a crisis of this magnitude, as COVID-19 is, as an opportunity, why not do it when it may help you and those around you deal better with it and survive well through it?

In this context, here are 11 things you can do while you are confined to your home and have a lot of time to indulge in them. The world after six and twelve months is likely to look way different than what it is today. But without worrying about the uncertainty of it, let’s get down to do what we can do now, when we have time.

Let’s start right away.

[Read more…] about 11 Positive Things to Do Amidst the COVID-19 Crisis

Admission to the 11th batch of The Safal Niveshak Mastermind – my premium, online course in Value Investing – is now open, and will remain so till 31st March.

Click Here to Join Mastermind Now
My idea through Mastermind is simple – to help you with a simple, common-sense approach to successful investing, so that you can avoid the uncertainty and outlandish time you would otherwise spend doing it all alone.

I’ve lined up a lot of things that you will receive when you become a part of The Safal Niveshak Mastermind. Here’re the key ones…

• 50+ detailed lessons and few hours of video classes that will help you learn the nuances of Value Investing and how you can apply it to create long-term wealth through stock investing.
• Lessons on identifying moats and analyzing specific sectors to help you build your circle of competence.
• Lessons on building a latticework of mental models – the Charlie Munger way – to make better investment decisions.
• Lessons on calculating Intrinsic Values of stocks.
• Lessons on creating a portfolio of high-quality stocks.
• Exclusive Forum to participate in learning exercises and discuss practical examples so that you can gain experience in doing your own independent analysis.

[Read more…] about Mastermind Value Investing Course: 11th Batch Admission Ends on 31st March

Announcement: Admission to the 11th batch of my premium, online course in Value Investing – Mastermind – is now open, and will remain so till 25th March. Click here to pay your price and join now.

---

Amidst the Coronovirus (COVID) outbreak and the reality of it becoming a serious health emergency, here are answers to few key questions I have received from readers recently.

You won’t find perfect answers below, but this is just my attempt to help you get over your fears, which may otherwise lead you to act in haste, which can cause some damage to your process of long term wealth creation.

Let’s start right here.

[Read more…] about COVID, Investing, and You: A Few Questions Answered

Much ado about nothing – If you describe a situation as much ado about nothing, you mean that people are making a lot of fuss about something which is not very important.

In his book Fooled by Randomness, Nassim Taleb wrote that “news makes idiots of us because it gives us confidence, not insight.” Like a PhD in macroeconomic theory. Now is one such time of the year in India, when after the Union Budget is announced, a lot of us are feeling and behaving like PhDs in macroeconomic theory.

Like a school friend of mine, who called up recently to ask my views on the Budget, and before I could say, “I don’t have any view!” lectured me for thirty minutes on his views.

“How should my investment strategy change with the Budget announcements?” he asked near the end of the call.

[Read more…] about Budget: Much Ado About Nothing

Value Investing Workshop is a one-day session where I teach the most important principles and practices of value investing and move through an entire structure and process of picking up high-quality stocks using these principles.

Apart from teaching the process of picking the right kind of businesses using the rules of value investing, the Workshop also covers the core ideas in Behavioural Finance – how cognitive biases hurt our investment returns and steps an investor must take to minimize the mistakes on this account.

Overall, I have sifted through a mountain of amazing books, documents, lectures, plus my experiences in investing to bring to the table the most important practical ideas in becoming a sensible, successful, long-term investor.

The Mumbai session of Value Investing Workshop is on Sunday, 8th March 2020.

Click here to know more about and register for the Mumbai Value Investing workshop.

---

Camp Millionaire is our game and activity-based financial education program for children of age group 8 to 14 years. Kids learn how to make, manage, multiply and donate their money wisely first hand in this day-long program and they have fun doing it.

The main objective of this program is to provide a stimulating, fun-filled, learning environment where kids can feel safe exploring and learning the various principles, ideas, and skills needed to create a financially successful and responsible life.

The Mumbai session of Camp Millionaire is on Sunday, 19th April 2020.

Click here to know more about and register for the Mumbai Camp.

Email me at vishal[at]safalniveshak[dot]com if you have any questions around these workshops.