I often listen to interviews with people I admire while working out, walking, or whenever I have some free time. I may not always listen to an entire interview, but I usually learn at least one valuable idea from it. Some interviews are so insightful that I listen to them repeatedly. Recently, while listening to an interview with the legendary investor Rakesh Jhunjhunwala, one thought particularly caught my attention: the buying price is extremely important in investing . This idea is not merely about buying at a lower price; it is also about psychology. When I purchase a fundamentally strong business at a sensible valuation, I feel more comfortable during market declines. That comfort helps me think rationally instead of reacting emotionally to every price movement. I experienced this myself. I bought shares of a company at an average price of approximately ₹150. I am not disclosing its name because this article is not a stock recommendation. The price later rose to nearly ₹670 and th...
In today’s generation, many people spend too much time worrying about what others will say. We think about how our lives look on Instagram, how many likes a post gets, and whether we appear successful enough in front of friends, classmates, and even strangers. But the truth is that this constant need for approval only adds pressure and slowly takes away our peace of mind. What matters more is the opinion of people who truly know us, especially our parents and family. Their support and understanding are far more important than the random approval of people who only see our lives from the outside. Still, many of us get trapped in the habit of measuring ourselves through external validation. The more we chase it, the more anxious we become. This pressure does not stop with social media. It reaches into our education, our careers, and even the way we judge ourselves. We start thinking that marks, college names, job titles, and salary define our worth. In reality, this kind of thinking crea...