Happy New Year to all reading this blog!
Here is a quick thought on the year ahead.
At Safal Niveshak, 2014 will be a year of inversion of the traditional dictum – “What doesn’t kill you, makes you stronger”.
Instead, this year, the motto will be – “What doesn’t make you stronger will kill you”.
I dedicate this year to Charlie Munger and his thought – “All I want to know is where I’m going to die so I’ll never go there.”

This implies that in 2014, we will discuss ideas –
- Less of how to earn great returns, and more on how to avoid permanent capital loss;
- Less on how to pick the great stocks, and more on how to avoid the dangerous ones;
- Less on things to do for investing success, and more on things to avoid for investing failure.