The pain of holding a stock - richifymeclub.com
TLDR: Blog recommendation
I am have been following Dhruv from richifymeclub recently. This post in particular pulled me in and made me a fan of this blog. He covers the story of Kotak Mahindra Bank in this post and how this stock has provided amazing returns. A quote from his blog.
“Let me make it sound a little more fanciful. With lots of ups and downs in 33 years, Rs.1 Lakh invested in Kotak Mahindra Bank (KMB) would be worth 2,000 Crore. That’s an astonishing rise of 1,99,99,900%. Really amazing. Isn’t it? Besides, who doesn’t love to own such companies? Almost all of us. And yet, a majority of us fail to grasp such exemplary returns.”
The post covers some very good insights and more importantly the need for a right temperament and conviction for buying and more importantly holding it to reap amazing returns.
Definitely follow him here -> http://www.richifymeclub.com
Blog post of the pain of holding a stock here -> http://www.richifymeclub.com/the-pain-of-holding-a-stock/