Friday, October 1, 2010

What is Investment in my view

Investing styles - I am Learning How to invest and still preparing strategy.I like to invest in knowledge.I believe in Ethical Investment.

My objective (Purpose ध्येय )of investment is happiness and subjective(विषय ) is Financially independence And i am long term investor.
In investment happiness is Acquired by right conviction and Financially independence is Acquired by Fundamental.
Right knowledge invested in Right convition is rewarded by happy experience and right capital invested in Fundamental sound company or person is rewarded by capital appreciation in term of capital gain.
Right conviction is based on Fundamental threfore investment is rational behaviour and Diverted conviction is based on Technical therefore investment is irrational behaviour or Speculation.You can't say investment based on rational behaviour or irrational behaviour is Right or wrong because both are human behaviour not company's behaviour. Investment is spiritual attribute which based on knowledge not emotion. One who judge investment on emotional base is always wrong because it is our Peccadillo(अल्पदोष,अपराध,Misconduct) and beleive emotional judgement right is Wrong conviction or Unforgivable crime
In This world three things are Eternal
1. MYself
2. world
3. change.
One who invest in change will grow nominal or viceversa.
One who invest in world will grow like diversified portfolio.
One who invest in himself will grow like concentrated portfolio.

Investment is an art,not science.The difference betweet art an science is joy. Art is developed by enjoying it and science is developed by researching it. One who enjoy in investing will develop art of investment.
- Investing Legends -1.Discover stocks like Peter Lynch.
2.Analysis stock like Benjamin graham, Warren Buffet and many value investor.
3.Be rational and right convicted like Charlie Munger
4.Allocate concentrated portfolio like Warren buffet.If prefer conservative style then Allocate concentrated divercified portfolio like Peter lynch.
5.Sell when your goal is achieved

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