New E-book Alert: The Lengthy Recreation is Obtainable
My new e-book, The Lengthy Recreation, is obtainable now. The e-book accommodates reflections from 30 traders who’ve survived a long time of market cycles. You’ll discover ways to tune out the noise that makes you second-guess your self, deal with the concern and greed that harm your choices, and persist with ideas that really compound wealth over time. Click on right here to get your copy.
After I was a boy, my grandmother saved a small plant on her windowsill. I don’t bear in mind what plant it was, however I bear in mind she watered it each morning, the identical means, at roughly the identical time. I bear in mind asking her as soon as why she didn’t simply water it quite a bit as soon as per week and recover from with it. She checked out me like I had stated one thing unusual, and stated, “Son, that’s not the way it works.”
I take into consideration that quite a bit.
Some issues have their very own tempo, and also you don’t get to barter with them.
I’ve been writing at Safal Niveshak for nearly fifteen years now, and most of what I’ve realized in that point has landed in some model of that sentence.
Constructing wealth takes time. Studying to assume clearly takes time. Studying individuals, studying your self, and even studying a stability sheet with out mendacity to your self about what you see…all of it takes time. None of it occurs rapidly. And but we stay in a world that retains pushing us to measure ourselves each few weeks and each few months, and towards people who find themselves additionally measuring themselves each few weeks and each few months. Nearly no person appears to be taking part in the lengthy sport. And those who’re, have a tendency to finish up with lives price listening to.
That’s the concept has adopted me round for a very long time. It’s the thought behind the e-book I simply completed writing — The Lengthy Recreation, which is a set of thirty investing practitioners reflecting on what persistence, course of, and lengthy horizons have taught them. And it’s the thought behind the present I’m relaunching right now.
The present you’ve been watching as The One P.c Present now has a brand new title. It’s known as The Lengthy Recreation.
Nothing substantial in regards to the present has modified. It’s nonetheless me. It’s nonetheless lengthy conversations with individuals who have spent a long time considering rigorously about investing and life. The archive isn’t going wherever. The conversations you’ve already beloved are nonetheless there.
What has modified is the title. The One P.c Present was a title I picked when the present began, and the thought behind it was easy: turning into one p.c higher every single day by compounding small enhancements throughout years into one thing significant. I nonetheless imagine in that concept. I write about it usually. However over time, because the conversations on the present obtained longer and deeper, I began to really feel that the title wasn’t fairly carrying what the present had change into. The most effective conversations weren’t actually about every day incremental enchancment however had been about individuals who had stayed with one thing troublesome for a very long time, individuals who had performed a protracted sport in markets and of their lives, and had one thing to say about it.
Each concepts—”one p.c” and “lengthy sport”—are about compounding. However one is in regards to the every day apply, and the opposite is in regards to the lengthy arc. As I saved recording the present, I realised the conversations had been touchdown extra on the lengthy arc than on the every day apply. So the title is catching as much as that.
The primary episode of the brand new present is a dialog with Vinod Sethi.
Vinod spent over thirty years in Indian markets. He was the India head of Morgan Stanley Funding Administration within the Nineteen Nineties, and since then has been investing his personal capital, educating, and fascinated about markets in a means that only a few individuals do. I recorded this dialog with him in August 2025 whereas engaged on the e-book.
Vinod talks about:
- Ache, persistence, and intention because the three stuff you truly management in investing and in life.
- Why onerous work has nearly nothing to do with returns.
- Return on time mattering greater than return on cash.
- Studying individuals moderately than spreadsheets.
- The age we stay in — which, Vinod argues, just isn’t an age of ignorance however an age of stupidity, and why that’s truly an excellent factor if you know the way to see it.
- The market as guru, as mirror, as sadhana.
It’s top-of-the-line conversations I’ve had on this present. I hope it finds you at a time when you may sit with it correctly.
Watch the episode right here.
A observe, whereas I’m right here. The Lengthy Recreation—the e-book this present shares a reputation with—is out now. It’s a hardcover assortment of thirty investing practitioners writing about what the lengthy sport has taught them. Yow will discover it right here.
And if you happen to’ve been subscribed to The One P.c Present on YouTube, there’s nothing it’s worthwhile to do. The channel is similar. The brand new episodes will simply arrive below the brand new title.
Thanks for being right here. These conversations, this writing, this work…none of it is smart with out you on the opposite facet of it.
See you within the subsequent one.
Vishal
