The Sketchbook of Wisdom: ₹200 Discount till 31st July
Buy your copy of the book Morgan Housel calls “a masterpiece.” It contains 50 timeless ideas – from Lord Krishna to Charlie Munger, Socrates to Warren Buffett, and Steve Jobs to Naval Ravikant – as they apply to our lives today. Click here to buy now and claim ₹200 discount.
This is a story from January 15, 2009. It’s not my story, but an inspiring one.
US Airways Flight 1549 on its way from New York City’s LaGuardia Airport to Charlotte, North Carolina, struck a flock of birds shortly after take-off, losing all engine power.
Unable to reach any airport for an emergency landing due to their low altitude, pilots Chesley ‘Sully’ Sullenberger and Jeffrey Skiles glided the plane in the Hudson River. All 155 people on board were rescued by nearby boats, with only a few serious injuries.
This water landing of a powerless jetliner with no deaths became known as the Miracle on the Hudson.
You may have heard of this miracle, either when it happened in 2009, or through the movie ‘Sully’ that released in 2016.
I had faint idea of the actual incident in 2009, for a lot of other incidents were happening around me then. I was working on a stock market job, and this was January 2009, and the financial markets were at their bottom. I had seen a lot of people around me lose their jobs, and I was trying to keep mine.
Anyways, the reason I got back memories of the Miracle on the Hudson was because I recently watched the movie ‘Sully’ that captured the incident and what went on inside Sully’s mind when he decided and then did the unimaginable.
One of my favourite scenes from the movie emphasizes the critical importance of keeping sight of your most important priority, or whatever it is that drives you in life.
At the completion of one of his lessons, the instructor L. T. Cook, a Civilian Pilot Training Program instructor during World War II, tells the teenaged Sully, “A pilot never stops acquiring knowledge. You’ll make mistakes, everyone does. Just learn from them.”
The young Sully replies, “Yes, sir.”
The instructor then says, “And never forget, no matter what’s happening, to fly the airplane.”
Now, that may have been a passing statement for me on most occasions, but this time I caught on to it, rewound the scene couple of times to hear the instructor’s advice to Sully again, and again – “Never forget, no matter what’s happening, to fly the airplane.”
That one small statement contained such a powerful lesson on how I must live my life and conduct my affairs.
No matter what’s happening, I must fly ‘my airplane’ – walk on my chosen path with complete integrity, never deviating from what I stand for, very much like Sully did on that fateful day in 2009.
Well, Safal Niveshak completes 11 years today. The airplane on which I took off from the runway in 2011, is still flying, and flying well. Maybe because all I have focused over these years is to just fly my airplane, amidst all turbulence I have faced along the way.
A lot has happened in these eleven quick years. I’ve published more than 1,500 posts on the site, or around one post every third day. After adjusting for inactive readers, the Safal Niveshak tribe remains strong at 90,000 subscribers to the free newsletter – The Journal of Investing Wisdom.
Apart from that, over these years, more than 10,000 people have subscribed for premium services like the Mastermind course, Financial Statement Analysis course, and value investing workshops.
Also, my first book – The Sketchbook of Wisdom – which I self-published last year, sold its 4,000th copy this year. The latest print contains an introduction from the legendary investor Arnold Van Den Berg.
The One Percent Show, which I launched in June 2021, has benefited from some amazing guests like Manish Chokhani, Prof. Sanjay Bakshi, Arnold Van Den Berg, Guy Spier, Mohnish Pabrai, Morgan Housel, and William Green, among many others.
Safal Niveshak has been a one-person, self-funded initiative, and I expect to keep it this way. I have always kept the site and my work clean of advertisers and sponsors – how much ever they’ve offered to pay me – and I would continue it that way. So, you can expect my work to continue to remain unbiased and honest.
For me, true freedom has never lied in the liberty to do whatever I want, but in the liberty to not do what I do not want. Looking back at these eleven years, I am proud of holding on strong to that idea.
Finally, I must thank you, dear reader, for reading, for commenting, for your interest and support, for helping this entire movement of creating wiser 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 honoured to read your thoughts in the Comments section of this post.
Thanks again for being here and supplying the fuel of motivation to help me fly my airplane. I seem to have come a long way, but like Robert Frost wrote in his beautiful poem –
The woods are lovely, dark and deep,
But I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep.
With respect, Vishal
P.S. In the movie ‘Sully’, on the phone with his wife Lorraine, Sully appears to question his decision to land the plane in the Hudson, but then says, “I want you to know, I did the best I could.”
I also want you to know, dear reader, over these eleven years, I did the best I could.
Yashovardhan Maheshwary says
Dear Sir,
please continue to do so ( Your best). You have inspired not only me but also the way I want to live my life. And you are doing an amazing job. Looking forward to many more great articles tweets interviews and all the future endeavors including books among many others.
AmiT says
Thank you Vishal. Keep flying
Rohit Khanna says
Dear Vishal,
Heartiest Congratulations on this milestone of the compounding journey you are on!
I am sure the path so far would not have been easy and at various forks in the road where taking an easy way out may have presented itself you chose to continue to hold your own ‘stock’ (and path) and not ‘sell’. As you have wisely reminded us in the past Buy and Hold may look simple, but its NOT easy. That itself deserves our applause.
Looking forward to seeing Safal Niveshak become the 100 bagger it deserves to be!
best wishes,
B G Sankar says
Great jouney Vishalji…inspiring.
Himanshu Sharda says
My congratulations to you on the 11th anniversary of Safal Niveshak.
You can be proud of what you have achieved in the last 11 years and the value you have added to readers/listeners/students lives.
KEEP UP THE GOOD WORK…!!!!!
Sushil says
yet another impactful story woven around another story.
I look forward to your every post.
Happy Birthday “Safal Niveshak”.
RAJAT PAUL says
Thank you Vishal for all your input throughout these 11 years of writing in Safal Niveshak. Besides Farnam Street, your blog was my source of wisdom for the last few years. I hope it will remain the same in the future.
Thanks once again.
Nakul yadav says
I have been following your article for atleast a year and is much inspired by your way of thinking about life and market, and i am also applying the knowledge and thought in my life.
aBu says
Hi Vishal,
I am one of your passionate reader from Malaysia. I have read a lot blogs & articles regarding investment since graduation in 2009.
But after discovered yours in 2020, I never look for others. Your articles are really insightful and unbiased. Despite market fluctuating up & down. Whenever I read your stories, it makes me feel peaceful and more enlightened about investment and life.
Thank you so much Vishal for all the free sharing.
Regards,
aBu