Fear of loneliness is a pervasive aspect in the life we are accustomed to. Loneliness has a very negative connotation in our minds. A simple google search on loneliness throws up this….
Well, Loneliness has been given a very limiting and negative meaning in the contemporary times. Let's explore some better virtues of the word...
Loneliness is strength !
In investing, going alone or taking the road less traveled by might turn out to be counter-productive but being the part of the crowd will definitely turn out to be detrimental for your financial health. Loneliness is often uncomfortable, but seeking comfort is very very expensive in the field of investing. We don't want to be in a situation wherein we are a part of the herd that falls of the cliff.
Loneliness is confidence
We seek the comfort that herd provides when -
We need to realize that herding is an old habit which was imperative to save us from the predators during ancient time when we did not live a civilized life. Ironically the creations of our mind has evolved faster than our mind and therefore our mindset of herding is completely out of sync in the world that demands going solo.
Loneliness is stimulating.
In the era of being connected, we often fail to connect with ourselves. Infact, a handful of people wouldn’t even know what that is supposed to mean. Spending quality time with yourself allows you to
All artists are known to spend quality time alone, contemplating their mistakes and discovering ways to improve. Investing being an art would require you to do the same. If you are not constantly living under the fear of being left out, being forgotten, your enjoy a much more peaceful life than most of the white collar professionals.
Beware ! I am in no way advocating the life of a recluse, but it is imperative that you don’t chase the comfort of a herd in investing and you spend quality time alone. Loneliness (in moderation) can do wonders to you and your wealth.
FINOLOGY - by Pranjal Kamra
Finology is an educational initiative and is not registered under any SEBI regulations. All the information that we provide is just for educational purposes and you should consult your financial adviser before taking any investment decision. All data and information provided on this site is strictly the author’s opinion and does not constitute any financial, legal or other type of advice. Finology makes no representations as to accuracy, completeness, suitability, or validity of any information on this site and will not be liable for any errors, or omissions, in this information or any losses or damages arising from its display or use. We also do not make any personal investments on behalf of our readers; neither do we provide specific investment advice.