11 Lessons In Investing From Navratri
As Navratri is celebrated twice a year, in a similar manner portfolios need to be reviewed at least twice a year to ensure it is relevant
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Navratri is a celebration done 2 times a year for the victory of Goddess Durga over Mahishasura, a demon who had a boon not to be killed by anyone except a lady. After 9 days of intense battle the goddess won. Metaphorically the gods and the demons are forces of good and evil in our minds.
What does it symbolize to us as Investors?
Review the portfolio at least twice a year
As Navratri is celebrated twice a year, in a similar manner portfolios need to be reviewed at least twice a year to ensure it is relevant.
Clear up the biases
We live in a digital world where there is a lot of information; however it can turn out to be low on perspective. In Navratri in many of the households fasting is done to purify the body and recitation is done to purify the mind.
In a similar way one needs to identify one’s fondness for certain asset classes. Sometimes the investments we make today are not relevant from a future point of view.
Celebrate the virtues
The ability to take a informed decision is a virtue for investment decision making. The 9 devis signify certain virtues one looks for becoming an astute investor
Look at the basic proposition
Devi Siddhidatri
Most investors do not look at basic propositions properly when they invest. A clear idea of what the payoffs and the downside is decides success for most professional investors. This is a lesson from the first devi-Siddhidatri who emerged from Lord Shiva or metaphorically speaking disruption.
One of the clients we have doesn’t look at the basic proposition despite being professionally well heeled while trading. It costs him capital
Develop one’s capability to evaluate information
Devi Kushmanda
Goddess Parvati as per mythology started living inside the center of the Sun so that He can liberate energy to the universe. Since then the Goddess is known as Kushmanda.
When we are calm and can look at all perspectives with a clear path to action /or inaction-which is more important in Investing then this shows up in our results. This is important to cross the chasm.
Develop capability to the next level
Devi Brahmcharini
Goddess Parvati took up penance to marry Lord Shiva .Metaphorically Shiva symbolizes disruption.
Intensive efforts are needed with a clear goal to develop vision and more importantly understand the vision and integrity of others as that is more critical in investing.
Conviction
Devi Shailaputri
After the self-immolation as Goddess Sati, Goddess Parvati took birth as the daughter of Lord Himalaya. In Sanskrit Shail means the mountain and due to which Goddess was known as Shailputri, the daughter of the mountain.
Without conviction, an investor would not be able to take advantage of cycles. The Goddess symbolizes conviction while investing.
Devi Mahagauri
The Goddess was beautiful at the age of sixteen as per mythology. The results outside only reflect the inner evolution.
Similarly when an Investor is able to apply the first 4 virtues a beautiful portfolio emerges.
Devi Chandraghata
Goddess Chandraghanta is the married form of the Goddess Parvati. After getting married to Lord Shiva Goddess Mahagauri started adorning her forehead with half Chandra and due to which Goddess Parvati was known as Goddess Chandraghanta.
The goddess symbolizes emotional intelligence and the Lord symbolizes disruption and detachment.Chandra denotes the cycle.The lesson is that if your strategy factors in disruption and is integrated with it one can identify and create opportunities across the market cycle or through certain parts of it.
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