Dear Sunil
I understand these are your personal emotional pains. I wish you all the best in your ventures and the reason I am responding you is recently when I quit my job (29 Jan was my last working day) I sent a mail to my friends and colleagues. With due permission from @adminph2 I would like to reproduce here.
There is something new every day, we need not have something special inside cranium or even a cacophony to identify the “new”. Soaring above territory and work within cannot be a fathom. Reach out few steps to switch on your live……passion can only be a handful.
I couldn’t muster my courage all these years to tell myself that temperament, emotions and irrationality cannot be delimited by frugality. The traditional risk management intrigued me to draw line between independence and passion. Yet I am here going out to fight a virtual monster with bad emotions and temperament. More so it does not have a physical existence!
I am going to stand with both feet against aggression of stock market, BUT I have a trump card……I don’t need roulette wheel to conclude my trick. Hundred years on value investing is winning against whims and fancies of market. Because I am trying to buy business not a price sticker! That’s my idea and that would mean end of active employee career for now.
Where next?
Still a terrain, starting from surface ignoring past success and failures (except experiences) would be sanguine way to look at life.
A. Value Investing: this is my identity at least to me. I am among those proud value investors who continue to practice them with an optimism to see a better world. I will spend dedicated time for value investing and that keeps me going.
I been trying to raise awareness and know how towards equity investment, do not hesitate for a second to call me. Still I repeat stocks properly selected and with discipline, hard work and blessings can create unimaginable wealth and freedom. Treat them as business stories where you are stakeholder.
Does this mean I don’t have nemesis or plan B? My guruji told me when plan A is not started why to think about B,C, D etc. I refrain from writing about my Guru who literally influenced each of my decision. Whether it’s cash flow quadrant, value investing or even philanthropy he convinced me money is only unit of account. He is a true fan of Chandrakant Sampat so am I.
I promise you, I will remain same whether it’s my lifestyle or endeavor. And to do that I need your wishes and love.
Of course this is a truncated version of full email. By the way I live in a rented house, I don’t have a car…many times I travel by public bus. This is despite a good size portfolio, not trying to make a point. Just wanted to say investing or passion is an identity. Nothing more or nothing less.