Filters

Investing Wisdom

Deewar Chot

download

Sahil Kapoor

Oct 04, 2023 3 mins

microsoftteams-image-14

Summary

Learn about the insights from Deewar Chot. This blog shares stories and lessons related to investing. This blog provides in-depth analysis and practical advice. These funds are suitable for long-term investors looking to save on taxes. They offer a unique combination of tax savings and potential for high returns over time.

We were posted at a beautiful valley village. The valley was beautiful, like a dream. But it was deeply infested with militants, and there was a constant threat of insurgency and skirmish. There was a particular stretch on the highway which was an open space and ideal spot for an ambush. It was prone to repeated attacks on civilian transport and armed forces personnel. Our commanding officer, on the first day, directed us to prepare “for all possibilities” every single day. From that day, we strategised all scenarios of a militant attack on that place. We practised for ambush, attacks on local bus transport, open encounters between militants and forces, and every conceivable possibility.

The preparation could never satisfy our commanding officer. The weather in most months was punishing. It was so cold that it was impossible to step out without our full gear. Even a minute spent outside without a cap could be fatal. On days when it was nearly impossible to even step out, we were preparing, doing mock drills against an invisible enemy using dummies. It made each and every one of us question why were we doing this when we had done it for nearly 9 months or more. It felt like an overkill.

We had confidence that we had prepared for every single type of threat. But our commanding officer would insist, push and force us to keep preparing for an attack we didn’t know if it were to ever take place or not. One day I asked our commanding officer why he insisted on this repetition. He gave me one of the most brilliant mental models that I have ever, ever learned. It felt like fresh roses, like fresh ink and the warmth of the sun in snowclad mountains. The officer narrated his thoughts.

“I see daily planning as the crackers I used to enjoy during Diwali. We called them Deewar Chot (दीवार चोट). They are tiny crackers which are burst on a wall or on the floor and make small noise. They are incapable of harm but can produce the impact of a cracker, and the kids enjoy them thoroughly. I see our daily routine as this long enjoyment. The tactics we keep deploying are like those of Deewar Chot. They are repeated tiny habits which prepare us for longer enjoyment. We never know what will happen in real life. We have no idea what type of real threat we will have to fight, so we prepare in tiny bursts. When the reality unfolds, it will always be different from what we practised because it can’t be the same. Those who are prepared more than needed are also unprepared. You can prepare only when the fog of war hasn’t engulfed your mind because when it does, you will be half the man you should be.”
When an actual incident took place, we understood, once again, how reality is a version of our preparation but mostly an alien experience. The attack took place in a scenario which we had practised but yet seemed alien. The militants had taken hold of an empty bus and were heavily armed. Surprisingly, we could diffuse the situation without a single bullet fired. Our negotiator could talk the militants out of it. Again, an outcome practised but not expected often.”

The incident narrated above is from one of my friends in the armed forces. It lacks all the key details because they are confidential. What it doesn’t lack is the most important message that it serves. The small ‘Deewar Chot’, those tiny daily actions, lay the path to lifelong fulfilment. That the reality is alien is surprisingly true. We live our daily lives in a fog. We act like we are sleepwalking through life. When hard situations are presented, most of us freeze. A sort of fog engulfs our mind and we are no longer able to function even at our normal level. When it is time to act, we become emotional or incapable. Tiny repetitions of assumed reality make us capable of unfreezing when the going gets tough.

These words of the commanding officer hit me like a rock – “Those who are prepared more than needed are also unprepared. You can prepare only when the fog of war hasn’t engulfed your mind because when it does, you will be half the man you should be.”

Prepare when you are capable of preparing.

When it’s the time to act, you will be able to act only if you have trained for it when it wasn’t needed.

Keep using “Deewar Chot”.

This blog was originally published here.

Industry insights you wouldn't want to miss out on.

Written by

download

Sahil Kapoor

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

Disclaimer

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.

  • Investment
  • Equity

Comments

Write a comment




Industry insights you wouldn’t want to miss out on.

SUBMIT