This is Vikaas here, Investment Advisor and Founder of www.jaagrav.com. Today, I am going to talk about why one should be ready to face ridicule.
Did you know that Dick Fosbury went backwards over the high jump bar for the first time in the Olympics in 1968, winning gold? He was first ridiculed, then mimicked and then eventually made a standard.
When you look at companies/stocks which are not doing well and the world is unwilling to look at it, chances of you getting ridiculed by fellow investors and peers is very high, you could then get mimicked by few as the company improves performance and people see some merit.
As the stock price improves because of the performance of the company eventually, you will be hailed as a great stock picker and (may) become a gold standard investor, if you are able to repeat this multiple times!!.
May we get the strength and the resolve to withstand ridicule, but eventually become victorious.
Stay patient despite being ridiculed (while investing as well as in personal lives), for victory is ~almost~ a sure thing!!
Please note that these are my personal views. Request you to conduct your own independent research or consult your financial advisor before investing.
Hope you enjoyed listening to this!!
For more interesting topics, you may check out my website, www.jaagrav.com. If you want to reach out to me, you may email me at vikas@jaagrav.com
Thanks!