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The Art and Science of Real Wealth: Earn Real Wealth
I have been in the field of investing ever since I was a young teen during the mania of the early 1990s. I have had huge successes and even bigger failures.
I made enough money before I was 30 (2004), that ordinary people would not have made in a lifetime.
If I had just done my first investment as a young teen in life, in the mania of the early 1990s, based on logic, patience and reason, and more importantly on a trusted friend's advice instead of a crooked broker's stock tip, in MRF, and not on emotion and mania, and no other investment, I would have had more than Rs 590 crores (79 million dollars) by June 2020.
If I just stopped investing at 30 (2004), taken all my winnings and only bought Apple, I would have had almost than 27 million dollars (Rs 202 crores) by June 2020.
But my short-term emotional thinking, arrogance, and greed in investing, and ignoring and mocking the principles of capital allocation and risk management blew away all those earnings.
Now I have a vision of at least 10 years. For stocks that I missed out like what I mentioned above, I have a vision of 25 years.
The world's greatest investors were successful only because of logic, reason, patience, and discipline.
I thought I should share my life's learning over the last 26 years in the art and science of investing.
I hope it prevents others from making the mistakes I made until 2018, and straightaway skip all my mistakes and go on to the success I am having since 2019.
I have returned more than 50% on my investments from late 2018 to date when markets the world over have negative returns.
The purpose of this publication is to enable you to manage money wisely and earn a consistent regular income. This publication will enable you to achieve financial freedom.
But this publication has a higher purpose. To get you to read my book Arya Dharma: The Noble Dharma.
The purpose of wealth is not to buy large mansions and fancy cars and waste it on superfluous extravagance, toy boys, mistresses and undeserving charities meant only for the fish love of furthering your dreams.
The purpose of wealth is to give you the freedom to pursue your higher passions and more importantly discover the joys of SEVA (Selfless sacrifice) by helping the most needy and unfortunate beings in this world by giving them true love and the ability to chase their dreams, not yours.
The highest goal of the Arthasastra is SEVA to the old - the highest ideal of Dharma.
From the The Arthasastra
The root of happiness and wellbeing is Dharma.
The root of Dharma is Artha (economy and statecraft leading to wealth)
The root of Artha is good governance.
The root of good governance is conquering by self-control.
The root of conquering by self-control is humility.
The root of humility is SEVA (selfless service) to the old.
I made enough money before I was 30 (2004), that ordinary people would not have made in a lifetime.
If I had just done my first investment as a young teen in life, in the mania of the early 1990s, based on logic, patience and reason, and more importantly on a trusted friend's advice instead of a crooked broker's stock tip, in MRF, and not on emotion and mania, and no other investment, I would have had more than Rs 590 crores (79 million dollars) by June 2020.
If I just stopped investing at 30 (2004), taken all my winnings and only bought Apple, I would have had almost than 27 million dollars (Rs 202 crores) by June 2020.
But my short-term emotional thinking, arrogance, and greed in investing, and ignoring and mocking the principles of capital allocation and risk management blew away all those earnings.
Now I have a vision of at least 10 years. For stocks that I missed out like what I mentioned above, I have a vision of 25 years.
The world's greatest investors were successful only because of logic, reason, patience, and discipline.
I thought I should share my life's learning over the last 26 years in the art and science of investing.
I hope it prevents others from making the mistakes I made until 2018, and straightaway skip all my mistakes and go on to the success I am having since 2019.
I have returned more than 50% on my investments from late 2018 to date when markets the world over have negative returns.
The purpose of this publication is to enable you to manage money wisely and earn a consistent regular income. This publication will enable you to achieve financial freedom.
But this publication has a higher purpose. To get you to read my book Arya Dharma: The Noble Dharma.
The purpose of wealth is not to buy large mansions and fancy cars and waste it on superfluous extravagance, toy boys, mistresses and undeserving charities meant only for the fish love of furthering your dreams.
The purpose of wealth is to give you the freedom to pursue your higher passions and more importantly discover the joys of SEVA (Selfless sacrifice) by helping the most needy and unfortunate beings in this world by giving them true love and the ability to chase their dreams, not yours.
The highest goal of the Arthasastra is SEVA to the old - the highest ideal of Dharma.
From the The Arthasastra
The root of happiness and wellbeing is Dharma.
The root of Dharma is Artha (economy and statecraft leading to wealth)
The root of Artha is good governance.
The root of good governance is conquering by self-control.
The root of conquering by self-control is humility.
The root of humility is SEVA (selfless service) to the old.
190 pages, Paperback
First published July 1, 2020
1 person is currently reading
3 people want to read
About the author
Bollachettira Dhyan Appachu
3 books4 followersBollachettira Dhyan Appachu's passions include his family, his pets, farming, yoga, meditation, nature and writing on issues close to his heart in his blog https://aryadharma.world/ and https://artofrealwealth.com/.
He possesses an ME in Civil Engineering from the University of Florida, with nearly 22 years of rich experience in the Global Engineering Consulting industry.
He has topped the Entrepreneurship Essentials NPTEL Course 2019 (top 2%) by IIT Kharagpur.
He is a member of American Mensa since 2000.
He is the founder of Shambhala Samathvam, a start-up focused on niche innovative solutions for Real Estate, Agriculture and Natural Living.
https://shambhala.global/
He is a United States Parachute Association ‘A’ License holder in Skydiving in 2001.
He has passed the Pianoforte Grade 5 (Trinity College of Music, London) in 1989.
He possesses an ME in Civil Engineering from the University of Florida, with nearly 22 years of rich experience in the Global Engineering Consulting industry.
He has topped the Entrepreneurship Essentials NPTEL Course 2019 (top 2%) by IIT Kharagpur.
He is a member of American Mensa since 2000.
He is the founder of Shambhala Samathvam, a start-up focused on niche innovative solutions for Real Estate, Agriculture and Natural Living.
https://shambhala.global/
He is a United States Parachute Association ‘A’ License holder in Skydiving in 2001.
He has passed the Pianoforte Grade 5 (Trinity College of Music, London) in 1989.
Ratings & Reviews
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Displaying 1 - 26 of 26 reviews
July 7, 2020
If you have read the previous book of the author, you would be able to connect well with the contents in this book as well. I was fortunate to read his first book “Arya Dharma” and before I could get over with the wisdom that the book is trying to spread all over, here comes the next one which is of a different genre but is very much connected with the first book. Hence if you are looking to read this book, which I would highly recommend, I would also suggest you to read his first book as well.
Having said that, I would also like to highlight that this book has some excerpts from Arya Dharma. There are only very few in the world who would accept their failure/defeat. Author Dhyan Appachu is one such soul. He has failed on few occasions which saw his fortunes dwindle but that did not stop him from going towards his ultimate destiny. I wouldn’t say that he has reached but he would surely be there sooner or later.
The book is way better than lot of self help books out there because it gives you a clear-cut idea about practical approach and the one that is coupled with Arya Dharma. How many of you have heard about Nikolai Kondratiev? He was one of the under-rated economists but in the opinion of the author, his theories were most suited in the long term and for this world in general.
He lost a staggering US$590,000 in 2006 in Options. Though he was successful in few instances, he lost out at crucial stages. In one of the bad days, he made a gain of US$15,000 though in reality it would have been more than 10 times, had he waited for one more day. Similarly, if had to invest in MRF back in 1990 as per the advice of his friend, that investment, which he did elsewhere, would have been worth INR590 Crores today.
Losing money is something which we all would want to forget, especially when the amount involved in huge, irrespective of how we lost it. Author lost his investments in Rasoya Proteins since he invested all in one stock instead of spreading over the risk in other companies which he identified that includes Morepen Labs, Confidence Petroleum, Mawana Sugars and Ludlow Jute. The INR 80 Lakhs which he invested this way in 2018 would have been INR 5 Crores by June 2020. He also openly admits of being addicted to Zyprexa and Risperidone but he could able to get rid of it by late 2018.
He removed the myth that exists in the larger society that Stock Markets are the only financial markets but in reality, it is only 15-20% whereas there are other less manipulated markets like Commodities Markets, Bonds, Currencies which offers immense opportunities. He also warns us of be aware about the bubble burst which may happen soon in India sending the value of the land prices to 1/10th of what it is today.
My mother use to tell me one thing “Only put money that you can afford to lose”. I found the same statement in this book which made me feel really happy and even more connected. Author strongly advocates this “Never go for All or Nothing because most of the times you will end up with Nothing”.
Do you know about Jesse Livermore?
He made USD100,000,000 during the crash of 2019 which is valued at INR 9,100 crores in 2017 value. Read about the 23 rules that found its way in the book. How the scrupulous stock traders make money out of unsuspecting investors is given in this book. This should work as a caution for all of you out there who is planning to venture into investing. It is not to scare you but to make you aware of the existing situation that would enable you armed with knowledge which you could acquire only when you invest some good amount of time studying the markets. He also recommends Webull app which is providing valuable information for FREE when it comes to spotting a trend change in the stock follow the money flow. Some of the fallen multi-millionaires like Martha Stewart, Rajat Gupta also finds their mention in this book.
His comparison of stock markets between USA and India is the highlight. I will not mention it here since you need to find it yourself in the book. He recommends investing in power sector.
Why Power Sector?
Out of all types of power generation, why Hydro Power?
Why you should be averse in investing in Solar and Wind Energy?
Why is the power sector known as “Widows and Orphans”?
Read the book to find out all the answers.
What is Fish Love and True Love?
The mention “Past performance is no guarantee of future results” is like a nail in the coffin since it holds very much true to the present-day situation where even biggies like Lehmann Brothers have gone bust. I liked this line in particular “Anyone who says that they have achieved things easily without much effort has not tasted true success at all”.
A perfect read, is all I can say!!
Having said that, I would also like to highlight that this book has some excerpts from Arya Dharma. There are only very few in the world who would accept their failure/defeat. Author Dhyan Appachu is one such soul. He has failed on few occasions which saw his fortunes dwindle but that did not stop him from going towards his ultimate destiny. I wouldn’t say that he has reached but he would surely be there sooner or later.
The book is way better than lot of self help books out there because it gives you a clear-cut idea about practical approach and the one that is coupled with Arya Dharma. How many of you have heard about Nikolai Kondratiev? He was one of the under-rated economists but in the opinion of the author, his theories were most suited in the long term and for this world in general.
He lost a staggering US$590,000 in 2006 in Options. Though he was successful in few instances, he lost out at crucial stages. In one of the bad days, he made a gain of US$15,000 though in reality it would have been more than 10 times, had he waited for one more day. Similarly, if had to invest in MRF back in 1990 as per the advice of his friend, that investment, which he did elsewhere, would have been worth INR590 Crores today.
Losing money is something which we all would want to forget, especially when the amount involved in huge, irrespective of how we lost it. Author lost his investments in Rasoya Proteins since he invested all in one stock instead of spreading over the risk in other companies which he identified that includes Morepen Labs, Confidence Petroleum, Mawana Sugars and Ludlow Jute. The INR 80 Lakhs which he invested this way in 2018 would have been INR 5 Crores by June 2020. He also openly admits of being addicted to Zyprexa and Risperidone but he could able to get rid of it by late 2018.
He removed the myth that exists in the larger society that Stock Markets are the only financial markets but in reality, it is only 15-20% whereas there are other less manipulated markets like Commodities Markets, Bonds, Currencies which offers immense opportunities. He also warns us of be aware about the bubble burst which may happen soon in India sending the value of the land prices to 1/10th of what it is today.
My mother use to tell me one thing “Only put money that you can afford to lose”. I found the same statement in this book which made me feel really happy and even more connected. Author strongly advocates this “Never go for All or Nothing because most of the times you will end up with Nothing”.
Do you know about Jesse Livermore?
He made USD100,000,000 during the crash of 2019 which is valued at INR 9,100 crores in 2017 value. Read about the 23 rules that found its way in the book. How the scrupulous stock traders make money out of unsuspecting investors is given in this book. This should work as a caution for all of you out there who is planning to venture into investing. It is not to scare you but to make you aware of the existing situation that would enable you armed with knowledge which you could acquire only when you invest some good amount of time studying the markets. He also recommends Webull app which is providing valuable information for FREE when it comes to spotting a trend change in the stock follow the money flow. Some of the fallen multi-millionaires like Martha Stewart, Rajat Gupta also finds their mention in this book.
His comparison of stock markets between USA and India is the highlight. I will not mention it here since you need to find it yourself in the book. He recommends investing in power sector.
Why Power Sector?
Out of all types of power generation, why Hydro Power?
Why you should be averse in investing in Solar and Wind Energy?
Why is the power sector known as “Widows and Orphans”?
Read the book to find out all the answers.
What is Fish Love and True Love?
The mention “Past performance is no guarantee of future results” is like a nail in the coffin since it holds very much true to the present-day situation where even biggies like Lehmann Brothers have gone bust. I liked this line in particular “Anyone who says that they have achieved things easily without much effort has not tasted true success at all”.
A perfect read, is all I can say!!
August 13, 2020
After reading the book Arya Dharma by Mr. Appachu I was very much looking forward to read this book too . His sharing of information and knowledge I observed always had a wholeness in it.
The thing about his writing is his lucid explanation always makes even the tough concepts easily comprehensive
In this book too , he added the scientific backing of the facts along with how these things were mentioned in ancient Indian texts too.
Book : The Art and Science of Real wealth
Author : Bollachettira Dhyan Appachu
Genre : Non Fiction
Available both in Kindle / Paperback
Full review on Blog
He shares his life's learning over 26 years in the art of investing . He earned a lot due to his diligent efforts but also he expresses due to few mistakes he lost a lot.
He started to practice Dhyana in 2015 which helped him look beyond taking temporary emotional decisions, ignorance and greed.
He preaches logic , reasoning power , discipline and patience are the key.
Here I got to know about Mettle psychometric test. He presents this book so young generation can wisely manage their money .
I truly liked how he told wealth is not all about materialistic assets but way more than that which helps us to do seva.
Here you can get an insight into stock market, have ideas of how to safely invest, different arenas where returns can be beneficial or rocky like gold and land property , the importance of why to study the economic bubbles and crashes basically the history for couple of decades.
He was very honest in expressing his own mistakes that let him down in this venture through HOEC ,gambling and getting involved wrong people at an young age.
It has many quotes from mythology , spiritual books and even by world's eminent
leaders making it an insightful read that enriches our knowledge base.
This book is a must-read along with Arya Dharma Book.
July 31, 2020
One more Intriguing Non-fiction by the author of Arya Dharma. Although
"Arya Dharma" and "The Art And Science of Real Wealth" are not connected and are from entirely different subjects and genres but both will help you in making life changing decisions.
This book has a unique take on Investment practices, financial learnings along with better understanding of the market. It’s a quick guide on investment and finance yielding the ability to produce an effigy of your failures.
The insight into ourselves, market, society and social media. Book also includes some real-life experiences of the author himself and of few other economists like Harshad Mehta, Jesse Livermore and Nikolai Kondratiev which help provide the reader indispensable details and wisdom.
“Anyone who says that they have achieved things easily without much effort has not tasted true success at all” The book runs through these chapters, these questions; which serve more as answers rather than mere questions. The author has done a commendable job in writing this book in an elementary manner, Readers will find comprehensive teaching, examples on How and where one should invest, How to maintain your patience while you’re on your way towards the goal and How to hold your position because "The leaders of today may not be the leaders of two years from now.
August 25, 2020
A non-fiction book written around investment and the actual utilization of wealth that we earn in our lifetime. It is one of the unique books that I have come across, where wealth has been related closely to dharma. There are alot of references from the previous book "Arya Dharma" written by the author. I think anyone whose looking for an advice related to investments and handling there finances should watch out for this book. I wouldn't say that it would solve all your doubts in mind. However, it was be helpful in understand how the wolfs of the Wall Street and Dalal Street work. There are investments which people make in the stock market and end up losing loads of their hard earned money. Stock market is such a gamble with your money, the author has drawn examples from real life experience, with figures he did invest in his life. "Speculation is a combination of art and science." This statement holds an importance unfolding the significance of market and investment tactics. It won't be a win-win situation every time. But it is very essential to learn about market patterns, as the author referred in the chapter 3. He has highlighted the focus points for a person while he is heading to the market with his money sack. I think it was an incredible reading experience where investments have been clubbed with science, which is a unique combination in itself.
August 17, 2020
In this book, the author has covered his learning of 26 years and his experience in investments and making money. He talks about all his learnings and also all the mistakes where he lost money, in the end learnt from it too. The book is written on his personal accounts as how after a defeat, he at a very young age of 30 yrs made a huge amount of money. The author talks about how discipline, logic, reasoning and patience are the key.
I do not read too many self-help books; however, it is a little different from the other books as it gives a practical approach and a clear cut idea.
I really liked the way the author has written the book. The language is simple and he reaffirms the concepts by giving his own example. He has spoken about how at a young age he got involved with gambling wrong company. This is a book you can relate to. I did feel that if he could do it, so can I!
I will rate it a 4.5/5 and will recommend all to read this book. It has a lesson for all! I do plan to also read the first book by the author which is called Arya Dharma
I do not read too many self-help books; however, it is a little different from the other books as it gives a practical approach and a clear cut idea.
I really liked the way the author has written the book. The language is simple and he reaffirms the concepts by giving his own example. He has spoken about how at a young age he got involved with gambling wrong company. This is a book you can relate to. I did feel that if he could do it, so can I!
I will rate it a 4.5/5 and will recommend all to read this book. It has a lesson for all! I do plan to also read the first book by the author which is called Arya Dharma
July 15, 2020
This is my second book by Bollachettira Dhyan Appachu after his 'Arya Dharma'. This is about finance with some really eye opening advice. I think of investing money from time to time and I feel almost everyone does the same so this is a must read for all.
To start with do you know the difference between an investor and speculator?
To become good in speculation, one has to overcome 4 things: ignorance, fear, hope, greed. e only way to conquer fear, hope and greed is by the sincere and sustained practice of Dhyan to achieve Samathvam. Speculation is a continuous learning process. It's both an art and science. Even after 26 years the writer is not perfect.
He has seen downfall till the recent past until early 2018.
He figured if even a world class speculator like Jesse Livermore did break his rules and make mistakes, he
also have made the same mistakes, but hopefully he is learning not to repeat them in the future.
I really like the way he addresses things:
The Managed Money are the wolves.
The Dealers are the shepherds and the Producers are the sheep – they can fight the wolves and direct the sheep.
Shepherds can even direct the sheep off the cliff and the sheep will blindly jump.
But sometimes the sheep just jump over the fence and run away and escape and leave the shepherd and wolves chasing after them.
The most exciting market in the world is the Shanghai Composite (SSEC).
The Shanghai Composite (SSEC) is a good gamblers most orgasmic wet dream and a clueless gamblers worst nightmare.
The Shanghai Composite (SSEC) can fall 4% in a day and rise 2% the next day.
Can you imagine the scale and magnitude of profits or losses that can be made by trading on the Shanghai Composite (SSEC)?
However do not speculate in the commodities and currency markets with not more than 0.5% of your net liquid income (net cash only, not land, gold etc), after all expenses, including your planned foreign world tour with your wife, mistress or toy boy whichever may be the case.
According to him, real Estate is the most overrated “investment” as of 2020 especially in developing countries like India, which he always calls Bharat.
Few rules on
Short Term Trading
This form of trading covers hourly to daily to weekly to monthly and applies to currencies but can also be applied to other short term instruments like commodity and equity and futures and options.
As far as possible never speculate in equity and equity index futures and options. It is just a waste of time, money, and resources.
Only writers of these options consistently make money. Options buyers lose money 999 times out of
1000.
Never write options with your own hard earned money, this is only done by people who are using OPM
(Other People’s Money) and people using OPM are only found among the Wall Street/Dalal Street
Long Term Trading
This form of trading covers a period 1 to 5 years or more even upto 10 years.
High Risk Investing - The Art of ICU Lottery Ticket Speculation
Due to dumb luck, or maybe some talent,he is not sure which, he has been a reasonable success at ICU Lottery Ticket Speculation.
ICU Lottery Ticket Speculation means investing in almost dead stocks or stocks which have fallen significantly from their highs.
Death or Recovery.
This is a risky and extremely complicated method of speculation.
The odds of success even among the most sophisticated of ICU Lottery Ticket speculators is less than 15%.
But if even one of that 15% clicks, you can make more than 10+ times your money when the stock recovers.
Some of his words to swear by:
Do not catch a falling knife.
Do not mortgage your grandfather’s house and wife’s jewellery to do ICU lottery ticket speculation, because there is a very good chance you will no longer have the winning ICU lottery tickets, grandfather’s house and even your wife.
With all this, I end my gist of this useful book. I could go on and on as every piece of information is worth learning.
July 24, 2020
Very intriguing
The author due to his short-term emotional thinking and risk management blew away all those earnings.
The purpose of the author with this book is to enable one to manage money wisely and earn financial freedom.
For an investment to really pay off you need to be patient and disciplined.
The author was born with a gift for strategic thinking and problem solving. In fact, he scored 10/10 in the Mettl Psychometric Test that he took at his father’s company in both strategic thinking and problem solving. The quality that the author has is perfect for him to be a big businessman but this was becoming a curse as he was more reliable on his inbuilt skills rather than discipline, consistency and hard work which are required to achieve distinction in any field of life.
The author talks about Of of the incident of his life in 2006, where he puts his life's savings for a total of $590,000 and put it all on options and lost all of it.
Hence, this book is an experience of 26yrs Of big success and failures. He is largely a self-taught speculator which is the combination of both artistic and scientific talents. This book will definitely teach one to earn financial freedom but also the author narrates that the purpose of wealth is not to undeserving charities. The purpose is to give one the freedom to pursue your higher passions and more importantly discover the joys helping the most needy and unfortunate beings in this world.
Be mindful of your Words, be mindful of the words of others around you because life and death is in the power of the tongue. Words are powerful, because words determine how you feel and you can never "feel" really grateful and positive if you allow others to hurt you with their words because they are at an emotional level hurting your vibration and your vibration is what attracts everything you desire
The author due to his short-term emotional thinking and risk management blew away all those earnings.
The purpose of the author with this book is to enable one to manage money wisely and earn financial freedom.
For an investment to really pay off you need to be patient and disciplined.
The author was born with a gift for strategic thinking and problem solving. In fact, he scored 10/10 in the Mettl Psychometric Test that he took at his father’s company in both strategic thinking and problem solving. The quality that the author has is perfect for him to be a big businessman but this was becoming a curse as he was more reliable on his inbuilt skills rather than discipline, consistency and hard work which are required to achieve distinction in any field of life.
The author talks about Of of the incident of his life in 2006, where he puts his life's savings for a total of $590,000 and put it all on options and lost all of it.
Hence, this book is an experience of 26yrs Of big success and failures. He is largely a self-taught speculator which is the combination of both artistic and scientific talents. This book will definitely teach one to earn financial freedom but also the author narrates that the purpose of wealth is not to undeserving charities. The purpose is to give one the freedom to pursue your higher passions and more importantly discover the joys helping the most needy and unfortunate beings in this world.
Be mindful of your Words, be mindful of the words of others around you because life and death is in the power of the tongue. Words are powerful, because words determine how you feel and you can never "feel" really grateful and positive if you allow others to hurt you with their words because they are at an emotional level hurting your vibration and your vibration is what attracts everything you desire
July 15, 2020
I have already been impressed by Bollachettira Dhyan Appachu when I read his Magnum Opus 'Arya Dharma'
So when he came out with his new book on wealth, I knew I had to devour it.
Firstly he is such an inspiration that he made so much money at the age of 30 which most of us would never make in a lifetime. But not without blunders. That is why he is such an ideal person to advise about making moolah and not committing the same mistakes which he did. The book is very thorough and I learned a huge deal of things. I would like to list some takeaways here. I am a lay person with a medical background and have no knowledge of finance so I am enumerating all the things that I would like to remember for future.
His biggest inspiration had been Harshad Mehta, yes the Mega scamster who inspired a huge crowd to dive into the stock market and invest. Also I learnt about Jesse Livemore, the greatest speculator in modern history.
By the age of 15, he earned $1000 ($28000, Rs 18,00,000 in 2017 value).
He made $100,000,000 ($1.4 billion, Rs 9100 crores in 2017 value) in the crash of 1929.
His favourite book on speculation is Reminiscences of a Stock Operator which is about Jesse Livermore. Here are the key points:
1.Cut your losses.
2. Let your winners run.
3. Nothing new ever occurs in the business of speculating or investing in securities and commodities.
4. Money cannot consistently be made trading every day or every week during the year.
5. Don’t trust your own opinion and back your judgment until the action of the market itself confirms your opinion.
6. Markets are never wrong – opinions often are.
7. The real money made in speculating has been in commitments showing in profit right from the start.
8. As long as a stock is acting right, and the market is right, do not be in a hurry to take profits.
9. One should never permit speculative ventures to run into
investments.
10. The money lost by speculation alone is small compared with the
gigantic sums lost by so-called investors who have let their
investments ride.
11. Never buy a stock because it has had a big decline from its previous high.
12. Never sell a stock because it seems high-priced.
13. I become a buyer as soon as a stock makes a new high on its movement after having had a normal reaction.
14. Never average losses
15. The human side of every person is the greatest enemy of the average investor or speculator.
16. Wishful thinking must be banished.
17. Big movements take time to develop.
18. It is not good to be too curious about all the reasons behind price movements.
19. It is much easier to watch a few than many.
20. If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole.
21. The leaders of today may not be the leaders of two years from now.
22. Do not become completely bearish or bullish on the whole market because one stock in some particular group has plainly reversed its course from the general trend.
23. Few people ever make money on tips. Beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket.
Well I could go on and on but would like to conclude with his golden words: Never put all your eggs in one basket.
Never go for “All or Nothing”, because most times you will end up with nothing.
This does not just apply to investing, but to any aspect of your life.
If you are in stock market, this is a must read. If you are a layman like me, then you definitely should read this book to enlighten yourself and for future investments.
August 28, 2020
After reading Arya Dharma by Bollachettira Dhyan Appachu, I wanted to read Author's second book The art and science of real wealth and I wasn't disappointed. This is one of the best reads of August for me.
Author actively started investing in his young teens in the early 1990s and in this book, Author has shared his life's learning over the last 26 years in the art and science of investing which will prevent others from making the mistakes author made until 2018. Author was gifted strategic thinking and problem solving and he has highlighted all key points required for management clearly. He has shared his experiences and told us how he felt or how he dealt with losses and success when investing.
This publication will enable us to achieve financial freedom. If you want to learn to manage money wisely and earn a consistent regular income, this is the book for you. It is better read as biography of Author's personal investing style than a guide on how to make personal investment decisions today. I personally liked this book and he made these seemingly difficult concepts so much easier! It's the most practical book on investing and the smartest. The advices shared in this book makes it a good read!
Author actively started investing in his young teens in the early 1990s and in this book, Author has shared his life's learning over the last 26 years in the art and science of investing which will prevent others from making the mistakes author made until 2018. Author was gifted strategic thinking and problem solving and he has highlighted all key points required for management clearly. He has shared his experiences and told us how he felt or how he dealt with losses and success when investing.
This publication will enable us to achieve financial freedom. If you want to learn to manage money wisely and earn a consistent regular income, this is the book for you. It is better read as biography of Author's personal investing style than a guide on how to make personal investment decisions today. I personally liked this book and he made these seemingly difficult concepts so much easier! It's the most practical book on investing and the smartest. The advices shared in this book makes it a good read!
September 26, 2020
What attracted me to this book was the fact that I was highly impressed with Bollachettira Dhyan Appachu's first book 'Arya Dharma'. His writing is absolutely razor sharp and 100% practical. And 'I have enough money' said no one ever. The fact that this book is a practical guide to wealth meant that I needed to devour it ASAP to bring more capital in my life. So without further ado, here is what I learned little bit. Remember the book has something to offer and teach in every word. I am just reviewing it in a nutshell.
Your own opinions are not to be trusted and hold back your judgment until the action of the market itself confirms your opinion. Because markets are never wrong – opinions often are.
Do not be in a hurry to take profits as long as a stock is acting right, and the market is right.
Never buy a stock because it has had a big decline from its previous high and never sell a stock because it seems high-priced. One has to cut the losses and let the winners run.
The difference between investment and speculation.
To become good in speculation, one has to overcome 4 things: ignorance, fear, hope, greed. e only way to conquer fear, hope and greed is by the sincere and sustained practice of Dhyan to achieve Samathvam. Speculation is a continuous learning process. It's both an art and science. Even after 26 years the writer is not perfect. he also have made the same mistakes, but hopefully he is learning not to repeat them in the future.
His favourite book on speculation is Reminiscences of a Stock Operator which is about Jesse Livermore. But the leaders of today may not be the leaders of two years from now.
Few people ever make money on tips. Beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket.
If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole.
The book is really an eye opener but I would especially like to conclude with his advice both for personal life as well as financial life: Never put all your eggs in one basket.
This book is definitely a must read even if you are not into stocks or shares because every single one in this world needs to learn to manage money.
Your own opinions are not to be trusted and hold back your judgment until the action of the market itself confirms your opinion. Because markets are never wrong – opinions often are.
Do not be in a hurry to take profits as long as a stock is acting right, and the market is right.
Never buy a stock because it has had a big decline from its previous high and never sell a stock because it seems high-priced. One has to cut the losses and let the winners run.
The difference between investment and speculation.
To become good in speculation, one has to overcome 4 things: ignorance, fear, hope, greed. e only way to conquer fear, hope and greed is by the sincere and sustained practice of Dhyan to achieve Samathvam. Speculation is a continuous learning process. It's both an art and science. Even after 26 years the writer is not perfect. he also have made the same mistakes, but hopefully he is learning not to repeat them in the future.
His favourite book on speculation is Reminiscences of a Stock Operator which is about Jesse Livermore. But the leaders of today may not be the leaders of two years from now.
Few people ever make money on tips. Beware of inside information. If there was easy money lying around, no one would be forcing it into your pocket.
If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole.
The book is really an eye opener but I would especially like to conclude with his advice both for personal life as well as financial life: Never put all your eggs in one basket.
This book is definitely a must read even if you are not into stocks or shares because every single one in this world needs to learn to manage money.
September 15, 2020
Full review on my blog:
https://blog.medhaapps.com/2020/09/bo...
The Art and Science of real wealth is based on the real-life experience of the author investing especially in stock markets. The author details how he was able to profit immensely and lost equal amounts of wealth based on his investment decisions. The author also explains the nitty-gritty of investing in real estate and how the whole concept of buying real estate has evolved into an avenue of investment over the years. The author also explains how to handle finances through the concept of long-term trading and short-term trading. The second half of the book is dedicated to extracts from the author’s previous work ‘Arya Dharma: The Noble Dharma’ specifically in the context of finances, earnings, savings and everything about money.
Along with finance jargon, the author explains every concept by giving examples, especially his own life examples. This is the major highlight of the book as it simplifies the concepts for the reader even for those who are beginning with investments. The author provides a balanced outlook of how we can earn huge wealth from careful investments and how the same stock markets can result in individuals losing their entire life’s earnings. The author also provides details of other means of investment which provide equally good results other than the popular ones like the stock markets.
Since I have already read his previous work, that part of the book was redundant for me. Also, if you are already into investments and finances or have already read a lot of such works, then this may not help with the actual financial stuff. However, this book will provide an alternate thought process to a common investor and a different perspective as it narrates the true experience of the author. If you haven’t read the author’s previous work, then start with this to get a hint of his style of writing and understanding of the ancient Dharma. This book is for sure, a great eye opener for enthusiastic investors.
https://blog.medhaapps.com/2020/09/bo...
The Art and Science of real wealth is based on the real-life experience of the author investing especially in stock markets. The author details how he was able to profit immensely and lost equal amounts of wealth based on his investment decisions. The author also explains the nitty-gritty of investing in real estate and how the whole concept of buying real estate has evolved into an avenue of investment over the years. The author also explains how to handle finances through the concept of long-term trading and short-term trading. The second half of the book is dedicated to extracts from the author’s previous work ‘Arya Dharma: The Noble Dharma’ specifically in the context of finances, earnings, savings and everything about money.
Along with finance jargon, the author explains every concept by giving examples, especially his own life examples. This is the major highlight of the book as it simplifies the concepts for the reader even for those who are beginning with investments. The author provides a balanced outlook of how we can earn huge wealth from careful investments and how the same stock markets can result in individuals losing their entire life’s earnings. The author also provides details of other means of investment which provide equally good results other than the popular ones like the stock markets.
Since I have already read his previous work, that part of the book was redundant for me. Also, if you are already into investments and finances or have already read a lot of such works, then this may not help with the actual financial stuff. However, this book will provide an alternate thought process to a common investor and a different perspective as it narrates the true experience of the author. If you haven’t read the author’s previous work, then start with this to get a hint of his style of writing and understanding of the ancient Dharma. This book is for sure, a great eye opener for enthusiastic investors.
May 4, 2021
A very helpful book for those who want to gain some basic knowledge about how investments work in the financial market and how to select the best way to make money. The author shared his experiences and told us how he felt or how he dealt with losses and success when investing.
This is basically a book based on money investment and finance related advices. Through this book, the author shared about his experiences in the field of money Investment, the author is giving us a practical guide for future investments. I have just finished my high school and I am planning to pursue CA and that's the main reasons, I wanted to read this book. It actually helped me clearing some of my concepts regarding the stock market and other investment related matters which is really important to understand.
If you are in stock market, this book will give you a fair idea about practicality of the stock market working. Before stepping in the world of stock market and money investment, we must have detailed knowledge about everything. After reading this book, I understand that -
"For an investment to really pay off you need to be patient and disciplined".
This book is written with his personal experiences- how he had rise again after the defeat and made a huge amount of money at the age of 30. The Author's motive of writing this book is to help and motivate the readers to manage money smartly because every amount of Investment carries a lot more risk.
It's more like a self-help book which everyone should read. I personally liked this book and he made the seemingly difficult concepts so much easier!
This is basically a book based on money investment and finance related advices. Through this book, the author shared about his experiences in the field of money Investment, the author is giving us a practical guide for future investments. I have just finished my high school and I am planning to pursue CA and that's the main reasons, I wanted to read this book. It actually helped me clearing some of my concepts regarding the stock market and other investment related matters which is really important to understand.
If you are in stock market, this book will give you a fair idea about practicality of the stock market working. Before stepping in the world of stock market and money investment, we must have detailed knowledge about everything. After reading this book, I understand that -
"For an investment to really pay off you need to be patient and disciplined".
This book is written with his personal experiences- how he had rise again after the defeat and made a huge amount of money at the age of 30. The Author's motive of writing this book is to help and motivate the readers to manage money smartly because every amount of Investment carries a lot more risk.
It's more like a self-help book which everyone should read. I personally liked this book and he made the seemingly difficult concepts so much easier!
September 4, 2020
Self-development books mean books that can help one understand some things in life in a better way. Right? Self-development books are not necessarily based on personality or high thinking, even finance and time management also have books that fall under the same genre.
Dhyan Appachu Bollachettira is class gentleman. He is a master of stock market investment. He spent 26 years in that, right from teenage and throughout his youth, he was into this. He won…made money in millions from India and USA stock market.
But his master stroke came when he implemented continuous practice of meditation in his life. After enduring loss and uncertain ups and down for around 24 years, he won single-handedly by meditation. It changed his life so much so that he recovered all his loses in just one year. That’s amazing.
His book ‘The Art and Science of Real Wealth’ is a cult classic for speculators and investors. Stories spiral from his own experiences. I loved the book and its content. Now I understand that I could not make money while working in a job - because I always believed in speculation, which is as ephemeral as seasonal mist.
On a different note, this book tells us that we can make money by implementing logic, vision, and patience in our life, not by haste, greed, fear, or hope.
Anyone who wants to save time and blunders in the stock market must read this book. It is way beyond normal barriers. A book full of honest narrative and logical theories. The author made INR 504 crores when he was just 30. Imagine the experience of the man.
Dhyan Appachu Bollachettira is class gentleman. He is a master of stock market investment. He spent 26 years in that, right from teenage and throughout his youth, he was into this. He won…made money in millions from India and USA stock market.
But his master stroke came when he implemented continuous practice of meditation in his life. After enduring loss and uncertain ups and down for around 24 years, he won single-handedly by meditation. It changed his life so much so that he recovered all his loses in just one year. That’s amazing.
His book ‘The Art and Science of Real Wealth’ is a cult classic for speculators and investors. Stories spiral from his own experiences. I loved the book and its content. Now I understand that I could not make money while working in a job - because I always believed in speculation, which is as ephemeral as seasonal mist.
On a different note, this book tells us that we can make money by implementing logic, vision, and patience in our life, not by haste, greed, fear, or hope.
Anyone who wants to save time and blunders in the stock market must read this book. It is way beyond normal barriers. A book full of honest narrative and logical theories. The author made INR 504 crores when he was just 30. Imagine the experience of the man.
September 7, 2020
There are some simple self-help books, but there are also some books that help one learn to become more resourceful in their fields. And those books are truly classic via all angles.
You can be more wise and resourceful by reading books related to your field or area of interest. Software engineers read books on programming languages to become more sharpened resource. Data interested people prefer reading books on AI, ML, DL and data analytics and much more to understand and play with data models. Likewise, there are abundant examples. If you want to be a master in the field of stock market investment, and long to earn millions by making no blunders and not getting into the clutches of fraud brokers or agents, well then you can definitely read ‘The Art and Science of Real Wealth’ by Dhyan Appachu Bollachettira. It is based on the author’s personal experience he spent 26 years in the stock market investment, he learnt the length and breadth of the field.
He lost money like on the run, but his experience later on brought fruits for him. He made over 100 crores before 2010 and also lost and then again made. Reading this book means getting a direct guidance that only a few fortunate people get. We need more books like this. It indeed is a gem in its essence.
Later on, the author also explains the real value and meaning of wealth. But I was more interested in the first part i.e. how to make money.
You can be more wise and resourceful by reading books related to your field or area of interest. Software engineers read books on programming languages to become more sharpened resource. Data interested people prefer reading books on AI, ML, DL and data analytics and much more to understand and play with data models. Likewise, there are abundant examples. If you want to be a master in the field of stock market investment, and long to earn millions by making no blunders and not getting into the clutches of fraud brokers or agents, well then you can definitely read ‘The Art and Science of Real Wealth’ by Dhyan Appachu Bollachettira. It is based on the author’s personal experience he spent 26 years in the stock market investment, he learnt the length and breadth of the field.
He lost money like on the run, but his experience later on brought fruits for him. He made over 100 crores before 2010 and also lost and then again made. Reading this book means getting a direct guidance that only a few fortunate people get. We need more books like this. It indeed is a gem in its essence.
Later on, the author also explains the real value and meaning of wealth. But I was more interested in the first part i.e. how to make money.
September 4, 2020
The most enjoyable part of life is young age. At this age I was into stock market investment, as like millions others, I too wanted to make crores before I turn 30. I started with the help of brokers and agents or trading companies. I made money but in snatches. I was never able to make money consistently, I always believed in speculation and for investments I always run out on patience and time. I always wanted the results sooner and faster so that I could enjoy my young phase of my life. But after reading the book, ‘The Art and Science of Real Wealth’ by Dhyan Appachu Bollachettira, I understood the following things and wished if I could have learnt them then.
•Speculation is different from Investment. The former is short while the latter is long-term
process.
•Real estate of the world was just a bubble but it helps in longer run investment
•Dot com was great bet humanity could ever witness. I should have invested in it.
•Real wealth is not about money or status, it is way beyond our vista.
•The world is controlled by three countries: France, UK, USA - FUKUS. Even the stock business is
governed by them.
•To succeed in life and elsewhere you need to overcome fear, hope, greed, and ignorance.
•Investment needs time and vision. Without these it is hollow, more like a speculation.
•Speculation is different from Investment. The former is short while the latter is long-term
process.
•Real estate of the world was just a bubble but it helps in longer run investment
•Dot com was great bet humanity could ever witness. I should have invested in it.
•Real wealth is not about money or status, it is way beyond our vista.
•The world is controlled by three countries: France, UK, USA - FUKUS. Even the stock business is
governed by them.
•To succeed in life and elsewhere you need to overcome fear, hope, greed, and ignorance.
•Investment needs time and vision. Without these it is hollow, more like a speculation.
September 7, 2020
Are there any books that help one learn to become more resourceful? Yes, there are many, in every field. You can be more wise and resourceful by reading books related to your field or area of interest. Software engineers read books on programming languages to become more sharpened resource. Data interested people prefer reading books on AI, ML, DL and data analytics and much more to understand and play with data models. Likewise, there are abundant examples.
If you want to be a master in the field of stock market investment, and long to earn millions by making no blunders and not getting into the clutches of fraud brokers or agents, well then you can definitely read The Art and Science of Real Wealth by Dhyan Appachu Bollachettira. It is based on the author’s personal experience he spent 26 years in the stock market investment, he learnt the length and breadth of the field. He lost money like on the run, but his experience later on brought fruits for him. He made over 100 crores before 2010 and also lost and then again made. Reading this book means getting a direct guidance that only a few fortunate people get. We need more books like this. It indeed is a gem in its essence. Later on, the author also explains the real value and meaning of wealth. But I was more interested in the first part i.e. how to make money.
If you want to be a master in the field of stock market investment, and long to earn millions by making no blunders and not getting into the clutches of fraud brokers or agents, well then you can definitely read The Art and Science of Real Wealth by Dhyan Appachu Bollachettira. It is based on the author’s personal experience he spent 26 years in the stock market investment, he learnt the length and breadth of the field. He lost money like on the run, but his experience later on brought fruits for him. He made over 100 crores before 2010 and also lost and then again made. Reading this book means getting a direct guidance that only a few fortunate people get. We need more books like this. It indeed is a gem in its essence. Later on, the author also explains the real value and meaning of wealth. But I was more interested in the first part i.e. how to make money.
July 30, 2020
"This is basically a book based on money investment and his experience in the field of money investment.
Through this book, the Author is giving us a practical guide for future investments.
Being in the field of CA , this book piqued my interest and it actually helped me clearing some of my concepts regarding the stock market and other investment related matters.
If you are in stock market, this book will give you a fair idea about practicality of the stock market working.
Before stepping in the world of stock market and money investment, we must have detailed knowledge about everything.
This book is written with his personal experiences- how he had rise again after the defeat and made a huge amount of
money at the age of 30.
The Author's motive of writing this book is to help and motivate the readers to manage money smartly because every amount of Investment carries a lot more risk.
It's more like a self-help book which you definitely should read.
Thr Author from his experience is trying to explain us the concept of Investment and returns. He made us understand that "For an investment to really pay off you need
to be patient and disciplined"
The world's greatest investors were
successful only because of logic, reason,
patience and discipline.
Through this book, the Author is giving us a practical guide for future investments.
Being in the field of CA , this book piqued my interest and it actually helped me clearing some of my concepts regarding the stock market and other investment related matters.
If you are in stock market, this book will give you a fair idea about practicality of the stock market working.
Before stepping in the world of stock market and money investment, we must have detailed knowledge about everything.
This book is written with his personal experiences- how he had rise again after the defeat and made a huge amount of
money at the age of 30.
The Author's motive of writing this book is to help and motivate the readers to manage money smartly because every amount of Investment carries a lot more risk.
It's more like a self-help book which you definitely should read.
Thr Author from his experience is trying to explain us the concept of Investment and returns. He made us understand that "For an investment to really pay off you need
to be patient and disciplined"
The world's greatest investors were
successful only because of logic, reason,
patience and discipline.
September 7, 2020
Books really help in honing up skills in professional life. In fact, even in personal life. But self-help or books from the field experts are no lesser than a great boosting power. I am from finance background and invested a lot of time in understanding the nuances of stock market, but every time I try to outpace or outsmart some speculation, I lose money.
I tried to figure this out for many years but to no avail. Then one day, I stumbled upon a book (The Art and Science of Real Wealth by Dhyan Appachu Bollachettira) which was written by a person who himself was at ups and down in the stock market for 26 years. He was a certain failure for 24 years. He made money one day and lost next day. Money making and losing became a part of his life, but he wanted some surety.
From his experience (which he narrated in the book) I turned up a little wiser. I followed his advice and heeded on some good practices, it worked. Now I am happy. So, I want to express that books change our lives, even professionally.
I tried to figure this out for many years but to no avail. Then one day, I stumbled upon a book (The Art and Science of Real Wealth by Dhyan Appachu Bollachettira) which was written by a person who himself was at ups and down in the stock market for 26 years. He was a certain failure for 24 years. He made money one day and lost next day. Money making and losing became a part of his life, but he wanted some surety.
From his experience (which he narrated in the book) I turned up a little wiser. I followed his advice and heeded on some good practices, it worked. Now I am happy. So, I want to express that books change our lives, even professionally.
August 17, 2021
🌱"The Art And Science of Real Wealth" is entirely based on the stock market. It will give you an insight of finance & investing money and teach you many related things.
🌱The book teaches you how to invest your money or put it to a good use or for a good cause. Actually, the author's main motive is to make people understand how to optimally utilise their funds.
🌱I found the book much informative and being a commerce student, the book fascinated me enough. The way the author has presented everything is wonderful, and his writing style is impressive.
🌱It is based on the author’s personal experience as he spent almost 26 years doing stock market investment. The book tells us that we can make money by implementing logic, vision, and patience in our life, but not by haste, greed, fear, or hope.
🌱The book cover is pretty decent and the book title is thoughtful, perfectly matches the plot. A huge round of applause for the author for writing such a masterpiece.
Looking for motivational or a self- help book?
Then, this is the right choice..!!
🌱The book teaches you how to invest your money or put it to a good use or for a good cause. Actually, the author's main motive is to make people understand how to optimally utilise their funds.
🌱I found the book much informative and being a commerce student, the book fascinated me enough. The way the author has presented everything is wonderful, and his writing style is impressive.
🌱It is based on the author’s personal experience as he spent almost 26 years doing stock market investment. The book tells us that we can make money by implementing logic, vision, and patience in our life, but not by haste, greed, fear, or hope.
🌱The book cover is pretty decent and the book title is thoughtful, perfectly matches the plot. A huge round of applause for the author for writing such a masterpiece.
Looking for motivational or a self- help book?
Then, this is the right choice..!!
September 4, 2020
Stock market is a tricky field. You can learn from your as well others mistakes. Things change like anything, any moment. Brokers, agents, and Dalal Street pimps can rob you off your money in a few seconds. According to the book, ‘The Art and Science of Real Wealth’ by Dhyan Appachu Bollachettira, you can learn wished to know the things earlier:
•Speculation vs Investment
•Short term trading vs long term trading
•Study the lives of Jesse Livermore (a great speculator) and Kondratieve (underrated Russian economics)
•Stock market trading is mainly influenced by FUKUS - France, UK, USA
•Indian stock market differs from abroad
Energy sector is the evergreen thing in the stock investments and much more. Read the book and you will be enriched with great knowledge and insights about this world.
•Speculation vs Investment
•Short term trading vs long term trading
•Study the lives of Jesse Livermore (a great speculator) and Kondratieve (underrated Russian economics)
•Stock market trading is mainly influenced by FUKUS - France, UK, USA
•Indian stock market differs from abroad
Energy sector is the evergreen thing in the stock investments and much more. Read the book and you will be enriched with great knowledge and insights about this world.
September 24, 2020
If you are specific about the stock market and investment and looking to have pristine proficiency, well then you must examine this book. This book is high on intuition, here is what I got from it. If you want to be a champion in the field of stock market investment, and want to earn millions by making no missteps and not getting into the clasps or extortion by brokers or agents, well then you can surely read ‘The Art and Science of Real Wealth’ by Dhyan Appachu Bollachettira.
This book has an unusual catch on Investment strategies, financial wisdom along with a better knowledge of the market. It’s a rapid handbook on investment and finance inducing the proficiency to create an effigy of your downfalls.
This book has an unusual catch on Investment strategies, financial wisdom along with a better knowledge of the market. It’s a rapid handbook on investment and finance inducing the proficiency to create an effigy of your downfalls.
September 7, 2020
A great book on stock market, investment tips, wealth making tips, and spirituality about Ram Rajya.
The author puts his own story of stock market field. How he did struggle and understood the nuances of the field before making crores of money. Message from the book is do not run after money, rather focus on winning basic traits that pull an individual down like fear, greed, hope, ignorance.
The story of the author is fascinating as he made a lot of money and lost and then made again. It is like a magic in a movie. The author is well read and well traveled and seen the world from all angles. I liked his wisdom sharing. Good book for learning a lot about wealth and its role in life.
The author puts his own story of stock market field. How he did struggle and understood the nuances of the field before making crores of money. Message from the book is do not run after money, rather focus on winning basic traits that pull an individual down like fear, greed, hope, ignorance.
The story of the author is fascinating as he made a lot of money and lost and then made again. It is like a magic in a movie. The author is well read and well traveled and seen the world from all angles. I liked his wisdom sharing. Good book for learning a lot about wealth and its role in life.
September 7, 2020
If you are particular about stock market and investment and looking to have immaculate knowledge, well then you must consider reading this book. This book is high on wisdom, here is what I got from it:
‘Wisdom is like an ocean. The more you get it, the less you feel it. A person can take wisdom in any of his/her field. Wisdom is like horizon, it appears close but is actually far. To get wisdom, one needs to keep on gathering knowledge and knowledge.’
‘Wisdom is like an ocean. The more you get it, the less you feel it. A person can take wisdom in any of his/her field. Wisdom is like horizon, it appears close but is actually far. To get wisdom, one needs to keep on gathering knowledge and knowledge.’
September 4, 2020
If you are from stock market and investment field and have lost good amount of money and wanted to return to normalcy or winning ways, I would suggest you to read this book The Art and Science of Real Wealth by Dhyan Appachu Bollachettira.
I have already reviewed this book on my blog: https://ibooksta.com/2020/08/12/book-...
I have already reviewed this book on my blog: https://ibooksta.com/2020/08/12/book-...
September 7, 2020
Before picking up this book, I had no idea about short or long term trading in stock market, after reading this book I got the true meaning of asset, equity, wealth, ICU lottery ticket. I mean someone who needs an introduction on stock market and investments should definitely pick up this book. I loved the first part more than my finance/MBA books. Simple explanation, full of resources.
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September 8, 2020
In only about 100 or so pages the author imparts his knowledge, experience and expertise about investing in stock market. Some of the incidences mentioned in the book sit up and make us think how investing isn’t deliberate action but a well-conceived and planned future.
detailed review - https://ofbookbabiesandmore.wordpress...
detailed review - https://ofbookbabiesandmore.wordpress...
Displaying 1 - 26 of 26 reviews