Is Cost-Free-Ness the Holy Grail?

There is…

…a Holy Grail…

…mentioned in the Holy Bible. 

Also, …

… human capital

… pursues excellence.

I…

… am no exception.

Having stumbled upon…

…cost-free-ness…

…after many knocks in all possible markets, …

… and having developed the concept a tad, …

… I do say to you this.

I say to you, …

… , that cost-free-ness…

… is no holy grail. 

In its pursuit, money does get stuck. And, …

… upon its generation, money does flow, at times, into expensive, “uncatchable” material.

These are the two main mentionable “nuances” associated with the pursuit of cost-free-ness, that one needs to be aware of. 

Money getting stuck? Hmmmm.

If we’re afraid of money getting stuck, we should exit from the market. Any market. Period. 

Don’t be in the game if you can’t take the heat. 

It’s ok. 

Play another game, where you can. 

Perfectly fine.

Now let’s tackle the other one. 

Purists are jumping, I know. 

I can hear them yelling “EXPENSIVE!”

Sure.

Extremely high quality…

…will be expensive. 

One legitimate entry opportunity every ten years can be possible in such underlyings.

When it comes, and if one is having a bad hair week, one can even miss the window.

When it comes, we’ll enter big.

That’s a larger game, non-cost-free initially, and we’ve played it well in March 2020, entering non-cost-free, entering big (because of the available margin of safety), and generating vast amounts of cost-free-ness within a few months, to then ultimately be sitting on large, extremely high-quality & completely cost-free portfolios, perhaps for life.

However, such timelines are anomalies. We’ll pounce upon such chronologies when they happen. Meanwhile, …

…our bread and butter is to generate small amounts of cost-free-ness on a regular basis, day-in-day-out, all year round, …

… and it’s ok to enter extremely high quality with one’s freshly generated small amounts of cost-free-ness, right here right now, at the expensive price. 

Why?

Firstly, it’s not costing you. 

Secondly, when we deploy cost-free-ness into extremely high quality in a long-term-growth-promising market like India’s, it’s probably for life. 

Seen from a perspective of a decade or two, or perhaps three, the currently expensive cost-free entry is legitimate. 

Please do the 10, 20 or 30 year math for India, and you should come to the same conclusion.

Why do we wish to deploy immediately?

Out of sight, out of mind. 

Money has idiosyncrasies. 

The biggest one is that it is spent, in the blink of an eye. 

Better, deploy it, specifically also because your mathematics is okaying a legit entry for the extremely long-term.

And, pray, have you wondered why you will be able to sit on your investment for so long?

Primarily because your entry is cost-free. 

There is no other singular, more overwhelming reason. 

Cost-free-ness overwhelms the mind into sitting on extremely long holds. Try it out for yourself.

That takes care of the second point, …

… and I say to you this, that…

… cost-free-ness, …

… though not the holy grail, …

… could well be the next best market concept available to mankind, for long-term success in the markets.

Wishing you lucrative & highly successful cost-free investing!

🙂