Abhimanyu in Chakravyuh

In the battle of Kurukshetra in the epic Mahabharata, the young Abhimanyu dies while trying to fight the Kauravas in a master strategy called “Chakravyuh”.

There is a very powerful lesson in this story for investors. Abhimanyu got into something that he did not know how to get out of and paid a very heavy price. Very often, investors enter into an investment without really knowing how to get out of the same. The ability to liquidate the investment with ease is one thing that any investor should look for in any investment that carries any amount of risk.

In the words of Warren Buffett: “Invest within your circle of competence.”

#RidingTheRollerCoaster – 65

Advertisements

One thought on “Abhimanyu in Chakravyuh

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s