Dear Readers, BHAVIKK SHAH's BLOG is totally free website. Contents here should be viewed for Knowledge purpose only. Author does not charge for any kinds of the services. Kindly don't entertain to any of the paid services in a name of BHAVIKK SHAH's BLOG !!

Wednesday, January 27, 2016

DON'T BUY BCOZ SOMEONE IS BUYING !!

Hii Friends,
Once again I am back with very funny but meaningful story I recently heard at my work place. It's always fortunate to be surrounded with so much of wisdom. This story was narrated by one of our elderly client who read this story in his early days and narrated this story to us on hearing someone saying that so and so stock is being bought by some influential big investor, so we should buy that..... contradicting to that he narrated this story, thus giving us the unforgettable lesson on how we should learn to apply our own mind and not to be fettered by the saying of others, develop your own thought process -  




It was Autumn!
And the Red Indians asked their newly elected chief if the winter was going to be cold or mild. Since the new Red Indian chief was from the modern school of thoughts, he was never been taught the old secrets and so he couldn't tell what the weather was going to be. Nevertheless, to be on the safer side, he replied to his tribe that the winter was indeed going to be cold and that the members of the village should collect wood to be prepared. But also being a practical leader, he went to the phone booth, called the National Weather Service and asked ''Is the coming winter going to be cold? ''

'It looks like this winter is going to be quite cold indeed,' the meteorologist at weather service responded. So the Chief went back to his people and told his tribe mens to collect even more wood. 

A week later, he called the National Weather Service again. 'Is it going to be a very cold winter?'

'Yes,' the man at National Weather Service again replied, 'It's definitely going to be a very cold winter.' The Chief again went back to his people and ordered them to collect every scrap of wood they could find.

Two weeks later, he called the National Weather Service again. 'Are you absolutely sure that the winter is going to be very cold?'

'Absolutely,' The man replied. 'It's going to be one of the coldest winters ever.
'How can you be so sure?' the Chief asked. The weatherman replied, 'The Red Indians are collecting woods like crazy.'

This is how stock markets works. Those who trust on rumours or stock call tips and see evidence of their correctness in the stock prices moving up or down may be caught in the same game. Many a times while the choice of stocks may be right, but the timing of purchase goes wrong. Thus, investors end up buying stocks after the prices have moved up sharply and they get tired or depressed as the stock refuses to climb in the short term or declines. And they end up exiting the counter just as the valuation starts moving up again. And left regeretted, so friends just don't buy because someone is buying - Hear them out why they bought that particular stock - understand their rational behind it - Apply your mind - can u understand the business - Do your set of homework - ask questions if u dont understand any aspects - then go for it - DON'T JUST INTIMATE PEOPLE, Develope your own thought process !!! -  READ SUCH STORIES HERE

                                                      !! HAPPY INVESTING !!

Reader Friends, grab a fresh hot cup of coffee, turn on your net & browse on to www.bhavikkshah.blogspot.in & take out few minutes to get to know the most interesting world of investment... Till then HAPPY INVESTING, don't forget to Share !!

*Dear Reader friend, if you enjoyed this article, please do share it with your Friends and Colleagues through Facebook and Twitter, and drop in your valuable thoughts in comment box..

-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
Disclaimer
This is a personal blog and presents entirely personal views on stock market. Any statement made in this blog is merely an expression of my personal opinion. These informations are sourced from publicly available data. By using/reading this blog you agree to (i) not to take any investment decision or any other important decisions based on any information, opinion, suggestion, expressions or experience mentioned or presented in this blog (ii) Any investment decisions taken if any would be his/hers sole responsibility. (iii) the author of this blog is not responsible.  
---------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------

READ HERE TO KNOW MORE ON LONG TERM INVESTING - CLICK HERE


VIEW THE POWER POINT PRESENTATION ON

7 comments :

  1. This is a highly informative but inspirational article too which spreads a worthy message. Thanks for sharing Bhavikk! Wish you a great day ahead :)

    ReplyDelete
  2. informative, life lesson holding, interesting and humorous great post, loved reading it

    ReplyDelete
  3. Ha ha ha... :-D

    It is such a wonderful story! Funny yet educating. It is true that many people blindly follow the popular figures. Thanks for sharing the story with us.

    Regards,
    Sindhu
    Tantu
    The Arts & Me

    ReplyDelete
  4. There are many advisory company which recommend for Indian trading market but Epic Research is a unique which provides you live market updates.

    ReplyDelete
  5. Hi Bhavikk,
    I really like how you have presented your message through this funny and simple story.
    Looking for more tips from you.
    Richa | www.fanciersworld.com

    ReplyDelete
  6. Deepak tandon fcaJune 22, 2016 at 5:45 PM

    Good story indeed but a question arises we know all this stuff for long and what makes one incline to suvch habits of listening to news or views I personally think its lack of our own homewok im market and the tendency of choosing the easy way out and the result the easy lossing money

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...

Share

Why you should have a Stop Loss of 8 % ? Click to know more. Author is also on Facebook and Click here for SHORT STORIES

X