Every market gives us an opportunity to learn new lessons. You will find the tuition much less expensive if you can learn from other peoples mistakes rather than your own.

You can’t just read books and think you are going to be a great investor.

When you invest in any business, you need to understand the business, Excel will not give you conviction when it's needed the most.

Investing is a massive problem solving exercise.

If your fundamental believes are wrong, it will show up in your portfolio performance.

equity market downturns are chaotic environments that are rarely short-lived.

To perfectly time equity markets during that downturn, an investor would have needed the resolve to rebalance into that dire economic backdrop.

False equity market bottoms also make it difficult to identify a true bottom. Two of the five downturns we reviewed (2000–02 and 2007–09 downturns) contained so-called “relief rallies” when equity markets pared back some of their losses. Both rallies were considerable,

Try to understand the appearance of the new. Everybody in the world wants to become new, because nobody is satisfied with the old. Nobody will ever be satisfied with the old because whatsoever it is, you have known it. Once know it has become repetitive, once known it has

Complexity is revenue generation mechanism disguised as taxpayer benefit.

ONCE INDIA STOPPED WAITING FOR GROCERIES, IT STOPPED WAITING FOR ANYTHING