When we think about #stockmarket #investing, we often look at it like a game of picking winners. Just find the right stocks, and you’re set for wealth creation and financial freedom, right? Well, that’s only part of the story. I share the other, equally important, part in today's episode of #TheInnerGame #podcast.

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USEFUL RESOURCES:

1. Twitter: https://x.com/safalniveshak

2. Podcasts -

a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

I was recently reading my notebook where I collect thoughts and ideas from some good things I hear or read about in books and other places, and came across a passage from Haruki Murakami’s book, “Kafka on the Shore.” It is one of my favourite passages from all the books I have read, and while I was reading it one more time, I thought I would turn my thoughts into this episode of The Inner Game podcast. This is one of those passages that has always shaken something deep within me, and this time was no different. This passage speaks to the storms we all face—those intense, unavoidable challenges that seem to come out of nowhere and leave us questioning everything. USEFUL RESOURCES: 1. Twitter: https://x.com/safalniveshak

2. Podcasts -

a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

I was at a friend’s place recently, and since we are in a bull market, and against my wish, we got down to talk about investing. As I had expected, most of the discussion was around what the markets have done in recent times, and where they are likely to go after the new government gets down to work. I tried to move the conversation towards long term investing, but was pulled back again and again by things that worry people in the short term. And that led me to think about creating this episode of #TheInnerGame #podcast, where I talk about something a bit unconventional but immensely important – the few things you should not care about as an investor.

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USEFUL RESOURCES:

1. Twitter: https://x.com/safalniveshak

2. Podcasts -

a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

When we think about saving money, we usually consider the practical reasons. Like we save money to buy a house, to go on vacation, to ensure a comfortable retirement, or to have a cushion for emergencies. These are all excellent reasons, and they highlight the importance of taking care of our money and finances. But have we ever stopped to ask this question if there’s more to saving money than just the financial benefits? Let's talk about the deeper meaning of saving money in today’s episode of #TheInnerGame #podcast.

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USEFUL RESOURCES:

1. Twitter: https://x.com/safalniveshak

2. Podcasts -

a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

Today, I dive into a profound topic inspired by a recent speech from the tennis legend Roger Federer. During his commencement speech at Dartmouth College in the US, which I will link in the show notes, Federer highlighted two essential virtues: discipline and patience. Now, these are not just abstract concepts; they’re talents that can shape our lives, our work, and our investments. Let’s explore how these principles, when deeply understood and applied, can transform us over a period of time.

USEFUL RESOURCES:

1. Twitter: https://x.com/safalniveshak

2. Podcasts - a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

6. Roger Federer's speech at Dartmouth - https://youtu.be/pqWUuYTcG-o?feature=shared

In today’s episode of #TheInnerGame #podcast, I share with you the idea of playing your own game and not the games other people want you to play. This concept is crucial in #life, #work, and #investing, and I’m excited to share how it can make a real difference for you. USEFUL RESOURCES: 1. Twitter: https://x.com/safalniveshak

2. Podcasts -  a. The Inner Game - https://www.safalniveshak.com/the-inner-game/ b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

Today I dive deep into a fundamental truth about our world, which is the inherent randomness of everything around us. Whether it’s in business, life, or investing, one thing is clear – nobody knows anything for certain. And given this backdrop, or I must say given this reality, it’s important to understand why we shouldn’t predict the future but instead, be prepared to handle any eventuality. #TheInnerGame #podcast. USEFUL RESOURCES: 1. Twitter: https://x.com/safalniveshak

2. Podcasts -

a. The Inner Game - https://www.safalniveshak.com/the-inner-game/

b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/

3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/

4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/

5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/

I was reading a newspaper headline recently which called just a 1% decline in the stock market as a ‘bloodbath’ and how investors had to suffer through the pain of losing a small part of their wealth quickly. It got me thinking about how our perception of pain and loss, especially in investing, has changed over the years. And it reminded me of my own journey with understanding and embracing discomfort.

I talk about all that, and more, in this episode of #TheInnerGame #podcast.

In the grand tapestry of human existence, one of our driving forces for a long period of time has been the pursuit of wealth. In fact, society often measures one’s success and worth by the size of their bank account, the lavishness of their possessions, or the opulence of their lifestyle.

However, after having followed and learned from the likes of Warren Buffett, Charlie Munger, and the old wise people, I have come to believe that the notion that being remembered solely for one’s wealth is a meaningful legacy is a hollow one. I have also come to believe that true fulfillment and lasting impact in life require a more profound and enduring purpose than the accumulation of riches.

Let's talk about all that, and more, in this episode of The Inner Game podcast.

Why do we, as humans, have this innate tendency to dislike and hate? Why are we programmed to hit the ‘dislike’ button from birth? Is it just for YouTube comments, or is there more to it?

Let's discuss this in today's episode of The Munger Method, which is a series on Charlie Munger's talk 'The Psychology of Human Misjudgment', and a part of The Inner Game podcast.