Martina Navratilova was once asked, “How do you maintain your focus, physique and sharp game even at the age of 43?" She gave a humble reply, “The ball doesn’t know how old I am”. You need to stop yourself from stopping yourself. Every game in life is actually played on a 6 inch ground – the space between your two ears. We don't live in bungalows, duplexes or flats. We live in our mind which is an unlimited area. Life is great when things are sorted and uncluttered there.

1/n
In last 10 years, 10 major reason for degradation of financial situation of a family

1. Everyone in family owns smartphone
2. Vacations under social pressure
3. Buying a car as a status symbol
4. Avoiding home made food and unnecessarily eating out on weekends 2/n
5. Brand concious for salons, parlours and clothes
6. Trying to make Birthday and anniversary special by spending more money rather than time together.
7. Grand weddings and family functions
8. Commercialization of schools and tuitions.. education...

15 points about unchanged human behaviour in spite of modern edu & tech.
1. If your children lie to you often, it is because you over-react too harshly to their inappropriate behaviour.
2. If your children are not taught to confide in you about their mistakes, you’ve lost them. 3. If your children had poor self-esteem, it is because you advice them more than you encourage them.
4. If your children do not stand up for themselves, it is because from a young age you have disciplined them regularly in public.

DHANDHO

@MohnishPabrai , thanks for writing this beautiful book.

This thread is my interpretation of "The Dhandho Investor".

Learning🙏 1/ Optimize spending, which in turn will increase savings. Be frugal. Don't think what people will think.
Market gurus say
@midcap_mantra - sab se bada rog, kya kahenge log
@FI_InvestIndia , kuch toh log kahenge

What little book that beats the market teaches?
Credit to Joel Greenblatt for writing the book & Arora sir (@EPSContrarian) for recomm. the book. Thread is my interpretation of the book.
@midcap_mantra @chetanrambhia @FI_InvestIndia @RichifyMeClub @dmuthuk
Correct me, learning🙏 1/ Investment in no risk assets is good but investment in growing businesses is better.