"Don't congratulate us when we buy a company..."

“We like to say to people, ‘Don’t congratulate us when we buy a company.’ Any fool can buy a company…the hard part is what do you do with the business once you make that major investment? How do you create value...” -Henry Kravis, speaking at Talks@GS

I randomly chanced upon this tweet response to one of the influencers I follow on Twitter, and the first thing that came to my mind was "IDIOT". A lot of folks out trade in shares to enjoy the bragging rights of being a classified as a shareholder. In a similar way, tons of stock punters speculate the market, and call themselves investors because it just sounds a lot nicer than being known as a 'day trader'. Really idiots.


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Monday, December 14, 2020

Three "epic fails" nearly wiped me clean this year. Here are five things I’d learned from these painful lessons: 1) Despair and greed...

Sunday, October 18, 2020

In 1990, a psychologist quoted in the New York Times reported that people “turn on the TV when they feel sad, lonely, upset or worried,...

Sunday, July 26, 2020

Good investors are first and formost by nature: business people. They should be entrepreneurs, owners of businesses or have been placed...

Thursday, July 23, 2020

IB isn't only about late nights & number crunching, but also the toxic & condescending environment one has to put up for many years to come.

Saturday, July 4, 2020

There’s nothing you should regret in life - all the good things that you have today are a result of everything that has happened....

Wednesday, March 4, 2020

Money is the one thing that you can always replace any time or at some point of time in the future - money is just money.

Friday, August 2, 2019

More than three years since I started out, I discovered a new-found respect for the many areas of businesses which are presumably...

Wednesday, December 31, 2003

Learning, knowledge and staying up to date with the news and what's going on in the world is your own personal responsibility. The same...

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