0.27% of your today’s portfolio might be enough to cover for 1 year of schooling for your grand child. I might be entirely wrong with my example but the point is as shareholders we must be ruthless in capital allocation, bits and pieces here and there can indeed make a difference if you are willing to stay in the game for many years. You need to come out of this mental accounting. Every rupee matters and your job is to compound it. As far as learning is concerned there are better ways, just watch around you and you will see people doing mistakes all the time and as Charlie Munger says you can become a collector of human follies. Over a period of time and a bagfull of these follies will serve you good for the rest of your life, and not just in investing.
| Subscribe To Our Free Newsletter |
