Plants can be of different variety and different needs. Some may need constant watering while some trees who have grown so big that they wont need watering at all.
Each company and each sector is different. All are at different life cycle. Can we really take a very long term view about any company, whether its Asian Paints or Tata Motors?
Most mathematicians apply all kinds of mathematical models to investing , forgetting that all businesses are real entities, operated by real human beings who can take wrong business decisions, who can misjudge economic conditions and their decisions can be biased and emotional too. Real business environment cannot be mapped into mathematical models.
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