Wealth Needs Time To Compound, Just Like A Plant Needs Water And Sunshine

I remember my chemistry teacher writing a question on the blackboard, followed by five correct sentences: Writing these five points in the answer ensured we would get the maximum possible marks from the board examiner.

- VETRI SUBRAMANIAM

guided by momentum and others may swear by being contrarian. There is no singular truth in the investing world and there are far too many approaches for me to list here. Each of these approaches or ideologies has its pantheon of idols, who are cherished and hero-worshipped. Even a straightforward strategy like Index Investing has its heroes.

Each of these investing strategies has worked for many, but not everybody, and over time, but not at every moment!

It's good to remember that the stock market is a place designed to humble you. When you combine investing ideology and an ego that cannot accept being outscored by another participant, it is a recipe for misery. Somebody will always be making more money than you. The ardent, disciplined pursuit of your investment strategy is no guarantee of outperformance every day or every year.