I’m re-reading a book. I learned how you can turn ₹10,000 into ₹1000 CRORE. The book is called Value Investing and Behavioral Finance by Parag Parikh. This something I highlighted with a pencil the last time and with a highlighter this time.
Hence, I believe the ability to delay gratification is extremely crucial to create wealth as a long-term investor. This is what sets apart Warren Buffet from retail investors.
Don’t sell too soon. Research before you buy, but research more before you sell. Wipro became 10,00,000 times from what it was in 1980 in 44 years. Your ₹10,000 would have turned into ₹1000 crore!