A new book offers tips to new investors on how to learn from failures
We meet Vijay from Agneepath – a character who will return in these pages, embodying grit and vengeance. But let me say it clearly: don’t be Vijay. In life and markets, the hero’s courage must eventually die – replaced by clarity, humility and cold calculation. The market doesn’t reward desire; it rewards discipline.
The death of a hero is the death of his courage. In the process of him becoming a man, his courage must die as he encounters his limitations and meets his enemy – his reason. He can no longer think of himself as omniscient. No longer all-powerful, ever-winning hero of his own movie.
He becomes acutely aware of his limitations, having courageously fought Ravan and, unlike the myth, lost spectacularly.
Humbled by humiliation, he understands that braving enemy bullets won’t be enough – unlike in the films, it leads to death, not survival like Vijay of Agneepath, who will courageously take all the bullets and yet sustain his life.
He comes to terms with a hard truth: no matter his valour, the other side may simply be better.
Victory, he figures, is not predisposed to the one who wants it but to the better side. Winning is about what he feels, and passion that...
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