Friday, August 26, 2011

Life Is More Than Just Numbers

The stock market ticker has numbers - lots of them all flashing away on the screen. Everyone who thinks they are investing thinks only about those numbers. But the beauty of life is it isn't about numbers, the beauty of investing is not about numbers, but the stories behind those numbers. The story of creativity, love, passion and sacrifice that goes in creating a business. The story of support from friends, family and loved ones and sometimes the questions asked about doing something the heart believes in.

Today the stock markets are correcting again, the same group of people, from brokers to analysts to TV presenters, all spoke about an India shining a few weeks ago are now talking exactly the opposite. I'm sure a lot of people out there will slowly start re-thinking their plans, businesses and individuals might become a bit more cautious. What happened in 2008-2009 might happen again. This is what happens, when we look at life just in terms of numbers.

Life is not just about numbers, it is about creating something beautiful. It is about doing something that the heart wants. A correction in stock prices or financial markets will have no effect on what you want to do. Provided you really have the passion to do it. If you want to do something new or believe in something don't stop doing it just because you think the financial markets have corrected. People will continue doing what they do.

There are so many interesting stories happening around us - we need to investigate them. For instance Gold rose very suddenly recently and then even corrected suddenly in a short span of time - has anyone thought what happened? Why did it go up in the first place and what made it correct? In the short term, there are lots of forces trying to push down gold prices. USA's de-rating has suddenly caused a lot of 'big' inside investors to rush to gold. I don't think America will take this lying down, there will be a lot of steps taken. Think about why S&Ps Sharma was fired, just after they downgraded US debt.

I feel their will be pressure on people holding large quantities of gold to sell it. Large pensions funds, hedge funds and even governments holding gold - will be pressurized to sell it. But from what I can see, the private holding will just keep rising, and post this battle between groups - gold will emerge victorious. I'm sure all of you must remember, how when at Rs. 12,000 and Rs. 14,000 we spoke about investing in Gold, a lot of larger and older investment houses ridiculed us and spoke about not investing in physical gold.

There have also been some price corrections in both, "The Best Alternative Energy Investment" and "Invest In Orange When Pests Attack", I will use this as an opportunity to accumulate more and take benefit from the sense of pessimism and fear creeping into people.

I hope to see all of you soon and sharing a few very interesting ideas on 2nd September at the Bombay Gymkhana and on the 3rd September at the Pune Gymkhana.

Keep smiling and enjoy life!

Yogesh Chabria

P.S.: Needed some advice on people from the Hotel Industry. Anyone from the hotel industry - do drop me an e-mail on with a brief about yourself. Thanks.


Kunal said...

So lovely to read you views Yogesh ji after sometime, kept waiting to see when the RSS gets updated. Yes you are right about what is happening, we should neverr give up our dreams and contiue with them. Thank for encouraging the nation. Also please share your views on Anna and curious to know what is it of hotel sthat you want to know about?

Dp said...

Thank you for communicating with us continuously. It helps a lay man like me.

I have a question for you. I am holding all the three things mentioned in your blog extensively. Could you please help me to prioritize them with a time frame of 2 years. Depending on your Rank I will balance my allocation of FUNDs for investment to maximize returns.

2.Invest in Oranges when Pests Attack
3.The Best Alternative Energy Investment.


Satish Patel said...

Hi Yogesh,

It was nice meeting you personally on Sep 2 at the Mumbai event.

A lot is happening in US & Europe. A kind request to have your views / thoughts posted more frequently.

Would like to share

Kind Regards,

Anonymous said...

Need updates w.r.t the Global Events.
Gold will win or lose???
Euro or Dollar? which one first.
China Currency Global.

Satish Patel said...

Is anyone there?

Ravi P said...

Where are you Yogesh? Please do post regularly, there are audience who waits for your posts! :)

Anonymous said...

I am unable to find any book with the title of one of the books in the "Suggested Reading" section of your book, "Invest the Happionaire Way."

I am thinking of starting investing and any help will be highly appreciated.

Kindly give me the ISBN or any other details of one the books mentioned in the "Suggested Reading" section of your book, "Invest the Happionare Way."

The book is titled, "Everything you Ever wanted to know about Investing" by Deepa Venkatraghvan and others (CNBC TV18 Bestsellers).

I have come across a similarly titled book with ISBN-9789380200057 , but this latter book is published in 2011, whereas your book was published in 2008, so the book you suggested has got to be different. Kindly let me know the ISBN or other details of the book you had suggested.
I know you don't have time for replying to such petty emails but your one help can mean a lot to my life and my family's life.

Kindly also suggest some other books regarding Stock Market Investing if possible.

Looking forward to your kindness.

Trying to be a Happionaire,
Dr. Swadesh Deepak