Importance of diversified portfolio

To have a good portfolio isn't about finding several multibaggers or investing in coins that are ready to explode, it is about diversifying the portfolio. Diversifying the portfolio is not just putting money into some random assets, it is actually diversifying the risk. Because narrowing risk to just a few assets is foolish. The greater the risk, the greater the reward and worser the failure. So having a well-diversified portfolio is important than having multibaggers.

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Reprogramming the mind

The mental cage that is created by the society from ever since we came across the life will get stronger with our inability to face the reality itself. Not the reality that is implied by the perception that is created by the experience we had from birth till now. The irony is that we were rarely conscious about what happened in the past and how it forged the inner self. But by the time we get to know what had happened to us, we might have already in a fucked up state. The more aged we are, the more we are fucked by the society. It might terrify a lot of people. And those who finds the truth often do the surface level solution shits and ends up being worser than before. The solution happens when we fix the deep root cause. It must be more psychological than surface scratch.

Managing things

The benefits of doing things on our own must be overrated. The reason is once it is overrated, it will grab the attention of a lot of people who ignore it. This is the process of setting up the foundation of everyday life. Knowing how to prioritize our day is a skill that is worth pursuing.

Finding solutions

How we see problems is the reason our solution is the way it is. We can confront a problem in a variety of ways. either we could solve it permanently or we could find a temporary one for instant relief. but the outcome is what often matters. The permanent solution leads to new outcomes, new opportunities, and therefore a new better problem. But the temporary comes with the same old problems every time.

Thoughts on laziness

The reason for our laziness and procrastination is not that we weren't motivated, it is that we think we have more time than we think. We live in a way such that we won't die. Each and every moment we are moving towards death. We barely notice ourselves getting older and then suddenly we find ourselves passed decades without doing anything special or gaining the experience. Experience is the only way to make life favorable. An experience like this comes from facing fear and reflecting upon that. Facing the fear requires you to be attentive and not be idle

Overcoming the addiction

Overcoming an addiction needs consistent and relentless effort. Once we surpass this moutain there are huge rewards waiting other side.

Preparing for the future

If you don't prepare your kid for the worst, he would probably suffer in the time ahead. The best and most practiced way is that making them naive and not agressive. A kid refraining from a aggressive move always limit himself to the situation that demands courage. And the irony is, anything worth pursuing requires courage.

Lesson from experience

Most of the learnings come from experience and one should focus on gaining experience than pleasuring ourselves in the unrealistic world of social media and pornography. Reflecting upon the experience is the greatest lesson we can ever learn from life. Missing this opportunity is a blunder.

Why should you own your method?

Why you should develop your own analysis method for sorting outnthe stock is a really important question. This question is relevant to most of the speculators in the market. We call them investors once they know what they do, which only could be attained by developing your own method. The irony is each way of investing is pegged with emotions. So, even if you copy Warren Buffet formula of investing, you will get a poor result unless you peg with emotion.

Core learning

Surface level learning a waste of time. Not entirely, but to a large extent it is wastee. Of learning doesn't helps in making better choices. That shouldn't be considered as learning in the first place.

Trusting the guts

Following the guts feels like a task that is impossible to crack. But once we follow our intuition and persistently find the right, it always allows us to create the happiness and satisfaction we wish for. There will be the process of trial and error, but it is worth giving it.

Insanely Practical

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