Earning is what most people do, but learning is what most people stop doing when they step out of school. Most people don’t understand that they can earn twice, or note it when I say, maybe 100000 times more than what they do in a rat race 9-5 working game!
To substantiate this seemingly hyperbole statement, let me tell you that had a person invested Rs 10,000 in Wipro in 1981, which after adjusting for inflation would be somewhere around Rs 1,80,000 in 2021, today those 10,000 would be worth a whopping 800 crore! Wondering if it’s an overtly fascinating exception? Then take the case of Bitcoin!
The first time bitcoins were used was to make payment for pizza delivery. In 2010, Laszlo Hanyecz spent 10,000 Bitcoins at a local pizza restaurant called Papa John’s to buy himself two pizzas. Back then his Bitcoins were worth only $40. As of March of 2022, a single bitcoin is worth around 47,000 US dollars. And that makes that pizza delivery worth something my hands shake to type.
Now you must be wondering that claiming such statements is as good as saying that had my friend predicted that he would have an accident, he would be alive today. That’s correct. Nobody knows which security goes where and when. But that is certainly not what’s supposed to be learned from such stories.
What needs to be learned is the potential of financial instruments and securities, investing wisely in which can make your hard-earned money multiply itself. And as for the people who say that only a chosen few make money in the stock market or any other financial market, why think of ourselves as the commonwealth who would be in the loss-making group? Why not strive to be that mastermind investor who learns it all to earn via magical investing practices? I guess that is exactly what Warren Buffet did.
