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Investors think they run the world. There is a certain sense of confidence that gets exponential with success. And a certain defeatism that failure breeds and bestows. Both extremes are overrated positions. They are the #NotToGoTo places. Like #Munger ‘s place of death. 1/5
#Indians believe in burning and destroying what is no more useful. Our ego is the most difficult thing to burn- stubbornly incombustible. The richer we get the more difficult to willingly burn. But, nature finds a #NotToGoTo place where a tough #Ego flames out in a jiffy. 2/5
Just when you think destiny has bigger success awaiting you, the biggest failure will seed itself. Ironically, it is within you. Then, you work doubly hard to get out of that mindset. That #NotToGoTo place is the crystal maze of investing. Everybody visits that place sometime.3/5
The reason you seek out the #NotToGoTo place when you actually know it can be dangerous is simple. It is greed in the disguise of adventure. You want to do what others can’t. Or they dare won’t. When you think you can do the impossible, you buy a boarding pass to #Fearland. 4/5
Interestingly, the answers lies within us, buried deep. You can find your way to them if you want to. But as we journey towards answers, it gets lonelier. So, get the right company on that journey. That is what we mostly fail to do. Seeking out shallow quick fixes sure kills. 5/5
