Our Funds
Related Links
Tools View All
Knowledge Hub Explore
Investment Frameworks
Insights View All
Obsessed with helping you invest better. Trusted by 50L+ investors*
Services
Don't have a password? Use the 'Forgot Password?' option below.
Uh-oh! No results found. We're on it!
Listening ...
This will help us to improve and provide you a better experience.
Sahil Kapoor
Nov 24, 2023 5 mins
The article discusses the idea of role models and anti-role models, inspired by the Chandogya Upanishad's analogy of deep sleep where awareness is limited. It challenges the notion of selecting mentors based on superficial traits and emphasizes the Guru-Shishya tradition's focus on devotion rather than judgment. It proposes adopting an anti-role model—a person embodying traits to avoid—as a strategy for personal growth. By learning from others' mistakes and focusing on what not to emulate, individuals can cultivate discipline and improve their chances of success. The approach, advocated through Charlie Munger's advice to invert perspectives, encourages avoiding pitfalls and fostering self-improvement by consciously steering away from negative influences.
In the Chandogya Upanishad, Prajapati tells Indra, “When the self is in deep sleep, it is not able to recognize itself as ‘I am so-and-so,’ as it does when it is awake. Not only that, it does not even recognize beings around it. It is as if the self has been obliterated.”
Imagine that you are sleeping in a room. A friend opens the door and walks into the room. You, while sleeping peacefully, will never know that someone just walked in. This means that the gross can not influence or know the subtle.Or a being in a lower state is incapable of judging or knowing another in a higher state. This means that it is not possible for us to judge another person's capability if that person is superior to us. What we can do is only assume.
In my formative years, I learned about the Guru-Shishya parampara of learning. This set me off on a course to find a guru, a search for a guide. However, when I read the Chandogya Upanishad and derived the meaning of how difficult it is to know whether we have the ability to select a guru or not, I abandoned this search. That is why in the Guru-Shishya parampara, emphasis is placed on devotion towards your guru because the student is incapable of knowing the capability and suitability of the guru or role models.
More often than not, we end up selecting our role models based on our perception. In a room of a dozen people, it is usually the most vocal one that will attract the most attention. In today's age of social media, it is usually the most dramatic one that will attract more 'followers'. However, being vocal, dramatic, or even successful does not qualify someone as a role model.
It is difficult to find positive role models. These are people you can look up to and follow in their footsteps. Lucky are those who find a noble guide and are devoted to following their guidance.
There is an alternative. Anti-Role Model.
After abandoning my search for a Guru, I inverted the question. What is it that I don’t want to do or follow? I found a perfect reverse role model. This person had every single trait that led to failure. He had all the qualities which were to be avoided at all costs. So, I hung his picture, in my mental living room and enacted a mental model. This mental model was simple. Every time I became lethargic, cynical, aimless, I looked at this picture and said, "Do I want to be like this?" The answer was instant and an emphatic no.
An ‘Anti-Role Model’ is better. It starts with elimination. You are left with only a few things that you need to do, and they can be honed with discipline. The chances of doing better improve. This also takes care of the ‘gross can’t influence the subtle’ problem. You are no longer trying to look up or down and putting yourself in a pecking order of existence.
Here is a beautiful quote from Charlie Munger: “Invert, always invert: Turn a situation or problem upside down. Look at it backward. What happens if all our plans go wrong? Where don’t we want to go, and how do you get there? Instead of looking for success, make a list of how to fail instead — through sloth, envy, resentment, self-pity, entitlement, all the mental habits of self-defeat. Avoid these qualities and you will succeed. Tell me where I’m going to die, that is, so I don’t go there.”
An anti-role model is someone who has not achieved what you want to achieve, despite being on the same goal or path. What you want to do is to avoid their mistakes, and adopt those learnings.
Being aware of the psychology of Human Misjudgment can allow one to avoid pitfalls and not become overtly confident in tasks where we have low ability. Our confidence and ability are usually inversely related. Anti-role models can help us avoid dark areas.
This framework may not be one person. It can be a collection of habits and traits you want to avoid. Hang that caricature in your mental living room.
This blog was originally published here.
Sahil Kapoor is Vice President & Head - Products & Market Strategist at DSP Asset Managers. In his own words, his writing is his "Gurudakshina" - his humble repayment to Mr. Market
All content on this blog is the intellectual property of DSPAMC. The User of this Site may download materials, data etc. displayed on the Site for non-commercial or personal use only. Usage of or reference to the content of this page requires proper credit and citation, including linking back to the original post. Unauthorized copying or reproducing content without attribution may result in legal action. The User undertakes to comply and be bound by all applicable laws and statutory requirements in India. In this material DSP Asset Managers Pvt. Ltd. (the AMC) has used information that is publicly available, including information developed in-house. Information gathered and used in this material is believed to be from reliable sources. While utmost care has been exercised while preparing this document, the AMC nor any person connected does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The recipient(s) before acting on any information herein should make his/their own investigation and seek appropriate professional advice. The statements contained herein may include statements of future expectations and other forward looking statements that are based on prevailing market conditions / various other factors and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. The sector(s)/stock(s)/issuer(s) mentioned in this presentation do not constitute any research report/recommendation of the same and the schemes of DSP mutual fund may or may not have any future position in these sector(s)/stock(s)/issuer(s). All opinions/ figures/ charts/ graphs are as on date of publishing (or as at mentioned date) and are subject to change without notice. Any logos used may be trademarks™ or registered® trademarks of their respective holders, our usage does not imply any affiliation with or endorsement by them. These figures pertain to performance of the index/Model and do not in any manner indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.All data source is Internal unless specifically mentioned, and is up to Jul 31, 2023
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
It’s hard to do hard things. It’s harder to do easy things that we don’t do every day and are ‘out-of-practice’ with, however simple they may be. It’s almost impossible to do things that we don’t want to do but should be doing. It’s not easy and is not supposed to be.
Your comment has been received. We will review it and post it shortly after checking it.
Sort by
DSP
Fri Apr 09 2021 13:25:00 Asia/Calcutta
Apr 09, 2021 8 mins
Wed Jun 16 2021 13:00:00 Asia/Calcutta
Jun 16, 2021 4 mins
Tue Aug 03 2021 14:20:00 Asia/Calcutta
Aug 03, 2021 5 mins
Sign up for our newsletters.
Investor Relations Officer, DSP Asset Managers Private Limited, Natraj, Office Premises No.302,3rd Floor, M V Road Junction. W. E. Highway, Andheri(East), Mumbai-400069, Tel.:022-67178000.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. © DSPAM 2024.
Any information regarding securities offerings, or references to securities offerings, that are contained on these pages do not constitute or form part of any offer of securities for sale or the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. The information in the coming pages is not intended for, and is not to be made available to, persons in the United States (being persons resident in the US, corporations, partnerships or other entities created or organized in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended), wherever located. Any information regarding securities offerings, or references to securities offerings, that are contained on these pages do not constitute or form part of any offer of securities for sale or the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. In no event shall DSP Mutual Fund and / or its affiliates or any of their directors, officers and employees be liable for any special direct, indirect, special, incidental or consequential damages arising out of the use of information / opinion herein. The site, texts, images, designs, pictures, sounds, photographs, animation, and videos together with their layout and more generally all the items contained on this website are the sole property of DSP Asset Managers Pvt. Ltd. This site and all of the elements on this site are protected by Indian Law and by International copyright agreements concerning intellectual property. The content of this website must not be copied, modified, reproduced, distributed, transferred, edited or made accessible to third parties for any purposes whatsoever without obtaining prior permission from the owners of this website. *No. of unique investors who had invested with DSP at any time. ^Includes domestic AUM only, as on Dec 31, 2023 @ copyright DSPAM All rights reserved.
Please share your contact details so we can answer all your queries.
We got your contact details. DSP team will get back to you soon.
Gain access to our latest articles on the world of investments.
Monthly update on all the information related to our funds.
Monthly insights on the economy and markets.
To help you our services, we would be grateful if yo could tell us why:
Mention reason
Describe reason
Update your preferences
The email address [email protected] has been removed from our mailing list. you will no longer hear from us.