20 Timeless Financial Lessons from the book:

"THE PSYCHOLOGY OF MONEY"

– Thread –

1. Our current relationships with money are based on our past experiences & We should avoid living in that illusion.

2. One can be wealthy without superior intelligence of financial education. You just need right behavioral skills.

3. Both luck & risk are an integral part of finance.

You can make good decisions that lead to poor financial outcomes vice-versa.

4. Saying “enough” is realizing that an appetite for more will push you to the point of regret.

5. Financial success is less of a science & more of a soft skill.

6. Buying impressive items to gain admiration & respect from others is a fool’s pursuit~ These things can not be bought.

7. Don’t move your goalpost to suit your current needs.

Once you have more money & power. It's easy to get lost in ambition so stick to your goal.

8. There are certain things which are never worth taking a risk like Character, Family, Friends & Freedom, Happiness.

The secret to understand competitive dynamics in gold finance is to focus on the player which has approvals from Rbi to set up more than 2000 branches and not the ones which are facing difficulties in expanding. You know who the real challenger to Muthoot will be

7 times since 1998, we had a fall of more than 25% on Index level.

The min and max time period b/w 2 subsequent falls was 16 months & 45 months.

If you can not digest the fall of 25-40% once every 3-5 years, you shouldn't own stocks. Prepare for the worse & invest for the best

Entrepreneurs are ALWAYS builders.

All that changes is what they are building.

Stage 1: building a product

Stage 2: building a team

Stage 3: building a culture

Stage 4: building a strategy

Stage 5: building an organization

The old man in the right in this picture can be easily mistaken for a great priest !!! No!  He is Dr. C P. Mathew who was the Head of the Oncology Department at Kottayam Medical College and later principal. On the 'right' is Brahmashree Suryan Subramanian Bhattathiri. 🙏

Dr Mathew was the first oncology professor in Kerala, Head of the Oncology Department at Kottayam Medical College and then the principal. Later when he retired he was a flying doctor & visiting professor of allopathic cancer treatment at universities in more than 50 countries.

At the age of 60, he decided to unlearn everything he had learnt earlier and accepted a _Lada Vaidyan_ (a physician of traditional tribal medical system), whom he met on the street, as his guru.

Then this great doctor saved tens of thousands of cancer patients from death using the neo-pagan Siddha medicine he learned from the late _lada_ guru. Patients he saved include many rejects ftom  the Mayo Clinic in America.

He was an in-depth student on Indian cultural texts, including the Vedas and the Upanishads.  What's more, he received the Upanayana from Suryakaladi Mana, famous for its "Tantric rituals" and spent the rest of his life as a Sanatana Dharma Acharya.

One cold email can change your life.

Here's how to write a great one:

I’ve sent (and received) a lot of cold emails—some great, some not.

What I've learned: a cold email success is never an accident.

The features of a great cold email:
• Short & Sweet
• Personalized
• Credentials or Social Proof
• Create Value
• Clear CTA

Let's cover each:

Short & Sweet

If you're sending a cold email to someone, remember that the person receiving it probably gets a lot of these.

They don't have time (or energy) to read through long and winding notes.

Keep it short and sweet.

Space out the text to make it optically inviting.

Personalized

No one likes a generic email—it's auto-deleted 99% of the time.

Personal touches make all the difference.

A few ideas:
• Reference a book they love
• Mention a podcast they were on
• Compliment their work

Make it clear you didn't send out hundreds of the note!

Credentials or Social Proof

Infuse credentials or social proof—i.e. reasons the person should take you seriously.

Don't be humble—let it shine.

What have you done or created that is interesting or notable? Who has engaged?

Show them they would be crazy to ignore your email.

क्या आप जानते हैं?

उत्तराखंड में एक ऐसा रहस्यमय मंदिर है, जहां माता की मूर्ति दिन में तीन बार अपना स्वरूप बदलती है।

भारत में रहस्यमय और प्राचीन मंदिरों की कोई कमी नहीं है। एक ऐसा ही मंदिर उत्तराखंड के श्रीनगर से करीब 14 किलोमीटर की दूरी पर स्थित है।

यहां हर दिन एक चमत्कार होता है, जिसे देखकर लोग हैरान हो जाते हैं। दरअसल,इस मंदिर में मौजूद माता की मूर्ति दिन में तीन बार अपना रूप बदलती है।मूर्ति सुबह में एक कन्या की तरह दिखती है,फिर दोपहर में युवती और शाम को एक बूढ़ी महिला की तरह नजर आती है।यह नजारा हैरान कर देने वाला होता है।

इस मंदिर को धारी देवी मंदिर के नाम से जाना जाता है। यह मंदिर झील के ठीक बीचों-बीच स्थित है। देवी काली को समर्पित इस मंदिर के बारे में मान्यता है कि यहां मौजूद मां धारी उत्तराखंड के चारधाम की रक्षा करती हैं। इस माता को पहाड़ों और तीर्थयात्रियों की रक्षक देवी माना जाता है।

एक पौराणिक कथा के अनुसार, एक बार भीषण बाढ़ से मंदिर बह गया था। साथ ही साथ उसमें मौजूद माता की मूर्ति भी बह गई और वह धारो गांव के पास एक चट्टान से टकराकर रुक गई। कहते हैं कि उस मूर्ति से एक ईश्वरीय आवाज निकली, जिसने गांव वालों को उस जगह पर मूर्ति स्थापित करने का निर्देश दिया।

इसके बाद गांव वालों ने मिलकर वहां माता का मंदिर बना दिया। पुजारियों की मानें तो मंदिर में मां धारी की प्रतिमा द्वापर युग से ही स्थापित है।

कहते हैं कि मां धारी के मंदिर को साल 2013 में तोड़ दिया गया था और उनकी मूर्ति को उनके मूल स्थान से हटा दिया गया था,..

Speed Of Light In The ‘Rig Veda’

As per Modern Science the speed of light is 186,000 miles/second

Now read it carefully & get to know the Power of Vedic Science👇

Speed of light was known to Indians in Vedic period and was determined accurately in Rig Veda thousands of yrs ago

It was further elaborated by Sayana ( An influential commentator on the Vedas) in the 14th century AD in his commentaries on Rig Veda.

Many years after that, The velocity of Light was calculated by Maxwell in the 19th century,

In Rig-Veda, there is a hymn which is incredibly close to the information about the speed of light.

तथा च स्मर्यते योजनानां सहस्त्रं द्वे द्वे शते द्वे च योजने एकेन निमिषार्धेन क्रममाण नमोऽस्तुते ।।

"tatha ca smaryate yojananam. sahasre dve dve sate dve ca yojane
ekena nimishardhena kramaman
Namostute."

This means “It is remembered here that Sun (light) traverses 2,202 yojanas in half a nimisha.”

**Nimisharda = half of a nimisha

**In the vedas 'Yojana' is a unit of - Distance and 'Nimisha' is a unit of - Time.

'Arthasastra' defines A Yojana as being equal to 8,000 dhanus, which is equivalent to 9.09 miles

Thread: Darvas Box Theory

#Darvas #knowledgesharing #Definedge

Nicolas Darvas (1920 – 1977) was a professional dancer and he travelled around the world. He founded a Dance company in 1950s. Someone offered him shares against his Dance programme and that is how he came across stock market and the business of trading.

He reportedly turned thousand dollars into millions in the late 1950s.

He wrote a popular book during 1960 “How I made $2000000 in Stock Market” in which he explained his Box theory. It is a must read.

He used a combination fundamental and technical approach for investing.

He believed in investing in only growth stocks. I think he did not explain a few things in his book, and I found some difference in interpretation of box-theory at various places because of that. This post is my interpretation of his theory.

Darvas was tracking stocks only making new high. I do not think he really talked about 52-week high. He mentioned about stocks breaking 2-3 year high. But 52-week high is mostly tracked for this theory so let us keep it that way to begin with for the sake of objectivity.

We all know about Sri Ram & His family members. How many of us know Sri Rama ancestors? Let's go with a #Thread
According to Srimad Valmiki Ramayana, Vasishta Maharshi introduces King Dasharatha's Family Tree to King Janaka just before Sri Sita Rama Kalyanam.
@LostTemple7

Lets learn Sri Rama's ancestors
From Bhagwan Brahma- Marichi
Marichi's son Kashyapa Prajapathi
Kashyap's son Vivsawan (Surya Bhagwan)
Vivaswan's son Manu
Among 10 son's of Manu 1 was Ikshwaku.
Ikshvaku made Ayodhya his capital & this way Ikshvaku generation came into existence.

Ikshvaku's son Kukshi
Kukshi's son Vikukshi
Vikukshi's son Baan
Baan's son Anranya
Anranya's son Pruthu
Pruthu's son Trishanku
Trishanku's son Dhundhumaar.
Dhundhumaar's son Yuvanshva
Yuvanshva's son Maandhaata
Maandhaata's son Susandhi
Susandhi had two son's-

Dhuvasandhi & Prasenjeet
Dhuvasandhi son Bharat
Bharat son Asit
Asit son Sagara
Sagara son Asamanj
Asamanj's son Anshuman
Anshuman's son Dilip
Dilip's son Bhagiratha
Bhagiratha was the one who bought Maa Ganga to Earth
Bhagiratha's son Kakutstha.
Kakutstha's son Raghu.

Raghu was well-known for his warrior & brilliance, hence future generation came to be known as Raghuvansh, thus generation came to be known Raghukula
Raghu's son Pravrudh
Pravrudh's son Shamkhan
Shamkhan's son Sudharshan
Sudharshan's son Agnivarna
Agnivarna's son Shighrag

मरुत उनचास ( 49 forms of wind) का अर्थ क्या है ?

श्री राम चरित मानस-सुन्दरकाण्ड
के 25 वें दोहे में तुलसीदास जी ने जब हनुमान जी ने लंका मे आग लगाई थी, उस प्रसंग पर लिखा है

हरि प्रेरित तेहि अवसर चले ‘मरुत उनचास’।
अट्टहास करि गर्जा कपि बढ़ि लाग अकास।।25।।

अर्थात : जब हनुमान जी ने लंका को अग्नि के हवाले कर दिया तो भगवान की प्रेरणा से *उनचासों (49) पवन* चलने लगे हनुमान जी अट्टहास करके गर्जे और आकार बढ़ाकर आकाश से जा लगे

इस दोहे में उनचास मरुत का क्या अर्थ है ?
49 प्रकार की वायु के बारे में जानकारी पर आपको सनातन धर्म पर अत्यंत गर्व

तुलसीदासजी के वायु ज्ञान पर सुखद आश्चर्य होगा, जिससे शायद आधुनिक मौसम विज्ञान भी अनभिज्ञ है ।

आपको यह जानकर आश्चर्य होगा कि वेदों में वायु की 7 शाखाओं के बारे में विस्तार से वर्णन मिलता है। अधिकतर लोग यही समझते हैं कि वायु तो एक ही प्रकार की होती है,

लेकिन उसका रूप बदलता रहता है, जैसे कि ठंडी वायु, गर्म वायु और समान वायु, लेकिन ऐसा नहीं है।

दरअसल, ‘जल’ के भीतर जो वायु है उसका वेद-पुराणों में अलग नाम दिया गया है और ‘आकाश’ में स्थित जो वायु है उसका नाम अलग है।’अंतरिक्ष’ में जो वायु है उसका नाम अलग और ‘पाताल’ में स्थित वायु अलग

नाम अलग होने का मतलब यह कि उसका गुण और व्यवहार भी अलग ही होता है। इस तरह वेदों में 7 प्रकार की वायु का वर्णन मिलता है।

ये 7 प्रकार हैं- 1. प्रवह, 2. आवह, 3. उद्वह, 4. संवह, 5. विवह, 6. परिवह और 7. परावह।

#Darvas #Box is a simple and interesting strategy used by the trader. It is a momentum strategy with no technical indicators.

This learning thread would be on "Darvas Box Strategy"

Like and Retweet for wider reach and for more learning thread in the future.

@AmitabhJha3

1/11

Darvas Box is named after Nicolas Darvas, who was a dancer and self-taught investor.

He discovered "Box Theory" after gaining experience from the market and he believed that the shares which move up and down the chart move in a specific box pattern.

2/11

There are some condition to use Darvas Box and we will discuss only buy strategy:

1. Stock should be trading near all time high levels
2. Fundamentals of the company should be good
3. Volumes play a crucial role

Prefer to use it daily time frame and above.

3/11

When the price is near all time high levels, if price consolidates then there is a range or box formed having a upside ceiling and downside floor. Price consolidates in this range before breakout.

Volumes during breakout is very important and it should be high.

4/11

Let's see some example now.

Dmart was trading in a range of 1955-2438 for six months.
After breaking this range upside, DMart price rallied from 2500 to 3200+ (Rally of 28% in 3 months).

During breakout volumes should rise and it should spike up.

5/11

#RSI is a common indicator which most of us use in the stock market.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙎𝙄"

Like👍 & Retweet🔄 for wider reach and for more such learning thread in the future.

Also, an investment strategy is shared using RSI in the end.

1/16

Setup 1:

RSI- commonly used to show whether price is overbought or oversold.

General rule:
𝐑𝐒𝐈 > 𝟕𝟎 -- 𝐎𝐯𝐞𝐫𝐛𝐨𝐮𝐠𝐡𝐭
𝐑𝐒𝐈 < 𝟑𝟎 -- 𝐎𝐯𝐞𝐫𝐬𝐨𝐥𝐝

One becomes cautious once price becomes overbought and optimistic when price becomes oversold.

2/16

Let's understand this with an example of Laurus Labs:

1. It was in overbought zone and after a few days when a small dip was seen from 693 to 588 (15% downside)

2. It was in oversold zone and after a few days when a small rally was seen from 59 to 107 (82% upside)

3/16

Well, this looks very easy, but it is not.

When a price is in overbought zone and is in momentum, then it can move up without taking a dip and exiting or shorting stock would prove wrong.

When IRCTC was in overbought zone, price went up from 2718 to 6396 (135% rally).

4/16

Similarly, for oversold stock.

When a price is in oversold zone and is crashing, then it can move down without taking an upmove and buying stock would prove wrong.

When DHFL was in oversold zone, price went down from 126 to 11 (91% crash).

5/16

#कर्मफल तो भोगने ही पड़ेंगे, इस जन्म या अगले जन्म :

एक राजा बड़ा धर्मात्मा, न्यायकारी और ईश्वर का भक्त था। उसने ठाकुर जी का मंदिर बनवाया और एक ब्राह्मण को उसका पुजारी नियुक्त किया। वह ब्राह्मण बड़ा सदाचारी, धर्मात्मा और संतोषी था।

वह राजा से कभी कोई याचना नहीं करता था, राजा भी उसके स्वभाव से बहुत प्रसन्न था। उसे राजा के मंदिर में पूजा करते हुए बीस वर्ष बीत गये। उसने कभी भी राजा से किसी प्रकार का कोई प्रश्न नहीं किया।

राजा के यहाँ एक लड़का पैदा हुआ था। राजा ने उसे पढ़ा लिखाकर...

विद्वान बनाया और बड़ा होने पर उसकी शादी एक सुंदर राजकन्या के साथ करा दी। शादी करके जिस दिन राजकन्या को अपने राजमहल में लाये उस रात्रि में राजकुमारी को नींद न आयी।

वह इधर-उधर घूमने लगी जब अपने पति के पलंग के पास आयी तो क्या देखती है कि हीरे जवाहरात जड़ित...

मूठेवाली एक तलवार पड़ी है।

जब उस राजकन्या ने देखने के लिए वह तलवार म्यान में से बाहर निकाली, तब तीक्ष्ण धारवाली और बिजली के समान प्रकाशवाली तलवार देखकर वह डर गयी व डर के मारे उसके हाथ से तलवार गिर पड़ी और राजकुमार की गर्दन पर जा लगी।

राजकुमार का सिर कट गया और वह मर गया।

राजकन्या पति के मरने का बहुत शोक करने लगी। उसने इसगवार से प्रार्थना की कि, 'हे प्रभु! मुझसे अचानक यह पाप कैसे हो गया? पति की मृत्यु मेरे ही हाथों हो गयी। आप तो जानते ही हैं, परंतु सभा में मैं सत्य न कहूँगी क्योंकि...

Do you know, how did the term 'Tree Hugger' originate? Who inspired the Chipko Movement and who was Amrita Devi Bishnoi?

The first tree huggers were 294 men and 69 women belonging to the Bishnois branch of Hinduism,who,in 1730,died while trying to protect the trees in their...

..village from being turned into the raw material for building a palace. They literally clung to the trees, while being slaughtered by the foresters. But their action led to a royal decree prohibiting the cutting of trees in any Bishnoi village. And now those villages are...

...virtual wooded oases amidst an otherwise desert landscape. The Bishnoi community is often called the protector of wildlife and environment in Western Rajasthan, at times going to lengths for their cause. One of the more well-known cases that catapulted them to fame was when...

...the community dragged Bollywood actor Salman Khan to court for allegedly killing two blackbucks in 1998 near Jodhpur. The community followed the case with dogged conviction for 20 years.
Bishnoism as a sect has 29 tenets that its followers are expected to abide by,..

...refraining from cutting green trees is one of them. In 1730, a local woman called Amrita Devi Bishnoi of the present day Khejrali village near Jodhpur was so steadfast in her belief of this tenet that she stood with an unwavering courage against a royal troop assigned to cut..

#HDFC futures - on short term charts - another excellent trade with very low risk (entry at 123 pullback bullish)