Holding- …
… power…
…is not a given.
Meaning, that it is not necessary…
…that an individual, ample in liquidity, …
…carries this asset to the table.
We need to learn to hold.
Who’s going to teach us?
Not text-books. How do we know that the writer concerned knows how to hold? We don’t.
Not professors. Do they even have their own money on any line? We don’t know.
So, where do we stand?
How do go about developing holding-power?
Only reliable option is to do, and learn.
How should learn how to hold?
One practices.
It’s like learning how to catch a ball…
…by doing it again and again,…
…till one can catch the ball by reflex.
Creating time-, ease-, comfort- and wealth-buffers around our investment helps.
As to the why, holding makes the difference between nominal and outstanding returns.
To generate multibagger returns, one needs to hold long-term.
This is extremely difficult to teach the mind, since almost everything comes in between, luring the mind to sell early.
Instead of teaching it, one sheer tricks the mind into very long-term holds without being bothered about how high the price might be interim.
This trick played on the mind hides itself under the banner of generating…
…cost-free-ness.
