While in a good mood after enjoying a great rain this evening, I logged on to Twitter. Usual reading on companies, their results courtesy a few good men was something I was glued to. This Was followed with the usual catching up on news and some publications or features such as HBR.
Then suddenly comes a tweep/ Twitter account holder from no where. Just to argue a small mundane point on the origin of a quote Ninad made to Safal Niveshak. (Guys do read on vishal and his fantastic work).
the evening rolls on and suddenly this tweep starts posting things like I claim to stocks post their movement. Beware of such posts etc.
When I ask him to furnish even one detail, he failed to do so and instead tried to beat the drums without a tune. When I asked him why are he was making attempts to falsely suggest that I tweet on stocks after they move on, he divulged (more as a blunder I thought as a lawyer) that I had blocked someone who should be allowed to come and comment on the issue of stocks.
Suddenly it struck me the guy was nothing but a sponsored negative tweep trying to avenge for a guy who was blocked and was now obviously feeling left out. Hence was propagating negatives. While I could have simply ignored this further and the above incident has no bearing on the lovely rain and evening, it alerted to write its interpretation as a part of behavioral science.
every day in our lives, we come across views-good and bad on stocks we own or disown.
The good views are accepted as taken (we are humans) while the bad ones have several angles. (some angles are so crazy I should refer them to ITC for their mad angles ads) 😂
Some views thus come from intellectuals and well wishers who have concerns on companies, sectors, news, results etc. To voice a view AGAINST your stock they display a POSITIVE approach in so far as they bring to table a set of facts that may have escaped your notice or an interpretation that may elude you or a out of the box perspective that could guides you. Such arguments or deliberation are factual and have a neutral perspective of being specific to a stock or sector. Welcome them anytime.
another set of views come from those who suffer digestion problems and have too much gas around them. Instead of going from colony to colony to eradicate mosquitos and other pests, they come uninvited to merely say xyz stock is not good, xyz investor knows nothing, xyz is not possible. When asked why they like to pitch their tones louder not realizing that heavy metal is music and not an argument.
Thus whenever someone takes a view on you or your stock, just be calm enough to think of that person as a cartoon with a squeaky voice. Or as a character sent by Gabbar Singh in the film Sholay on a horse who frustrated by any facts will try as a goon to convince the invested world he is he main villain, but one who In reality is sponsored by
b) inferiority complex
c) told to poke you as instead of being productive in life he couldn’t even find a pokemon
d) someone who wants you to lose so the game gets even rather than win the game.
we live in a world of mass noise and getting signals is critical. The best signals in life are hard facts. Thus don’t concentrate on whimsical talks, rumors or breaking news unconfirmed by managements or tips or doomsdayer stories from those who missed living life. Concentrate on motives, facts and who,pits his money where his mouth lies.
it takes a minute to block such a person on Twitter. Such blocking is your first victory. In life you don’t need to block people out. You need to be surrounded by the right ones. He right ones are not those who anchor or echo your views.mthey include many who argue with you (just as your boss/gf/wife and sometimes parents). But with a source of light and not an empty drum.
victory is not always in conquering the guy on the other side. Sometimes it is in ensuring you don’t get poisoned by someone seemingly near. This helps manifold in continuity of good decision making.
remember a man is known by the company he keeps. Literally in life and in investing.