Happy Dussehra

Raavan was a very learned man and a great warrior. Though he abducted Sita, he never once touched her and paid due respect to her. In spite of all these qualities – wisdom, bravery and a strong character, how come he lost to a small army led by Lord Ram?

Maharishi Valmiki indicates in the Ramayana that it was his ego that caused Raavan’s downfall.

In the world of investing, there are many experts – highly qualified, skilled and experienced – and yet unable to see certain obvious risks. The ego and overconfidence blind these wise men. This is an important lesson from the book “Riding The Roller Coaster – Lessons from financial markets we repeatedly forget”.

While this applies to the experts, even the laymen get swayed by overconfidence. Under the spell of ego, we start believing in our invincibility. And then as the popular phrase goes: “Pride cometh before the fall”, meaning pride often causes the fall from grace.

Learn from the story of Raavan. Check your ego. Stay grounded.

Dussehra is also known as Vijayadashami (a day of victory). May you win all the battles and wars against your own emotional Raavans this Vijayadashami.

May this Dussehra bring lots of prosperity in your life.

#RidingTheRollerCoaster – 256


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