Today I was talking with one of my close relative. I was trying to convince him to get invested in indian stock market for better return. He believes that investment in stock market is same as gambling. It is not even ethical. I must agree that I failed to convince him. After this I just think and found he is right that some people treat the share market as casino. They come only for quick money. Sometimes they succeed sometimes don't. And one final they they declare that it is gambling. Yes it is the perspective which determine our action and sometimes the result also.
I remember a story which we had in our school text book. Once upon a time, there lived six blind men in a village. One day the villagers told them, "Hey, there is an elephant in the village today."
They had no idea what an elephant is. They decided, "Even though we would not be able to see it, let us go and feel it anyway." All of them went where the elephant was. Everyone of them touched the elephant.
"Hey, the elephant is a pillar," said the first man who touched his leg.
"Oh, no! it is like a rope," said the second man who touched the tail.
"Oh, no! it is like a thick branch of a tree," said the third man who touched the trunk of the elephant.
"It is like a big hand fan" said the fourth man who touched the ear of the elephant.
"It is like a huge wall," said the fifth man who touched the belly of the elephant.
"It is like a solid pipe," Said the sixth man who touched the tusk of the elephant.
They began to argue about the elephant and everyone of them insisted that he was right. It looked like they were getting agitated. A wise man was passing by and he saw this. He stopped and asked them, "What is the matter?" They said, "We cannot agree to what the elephant is like." Each one of them told what he thought the elephant was like. The wise man calmly explained to them, "All of you are right. The reason every one of you is telling it differently because each one of you touched the different part of the elephant. So, actually the elephant has all those features what you all said."
"Oh!" everyone said. There was no more fight. They felt happy that they were all right.
Markets are like elephants and we are like blind men. We believe that much only what we feel. Some people believe it gambling. some people believe it need big money. Some think when they buy it falls and if they sell it will rise. Some think that they can hold the businesses of multiple types with small money. We should experience it before making any perspective. If you like gambling then it will be a Casino and if you want to own businesses then it will provide that also. Mr. Market behaves same as your perspective about him, so it is up to us how we want to use this. But it the truth that if you come for a longer period and hold good businesses it will reward you.
Disclosure : Image source is Google Image
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