We live in a world that is near perfect. Today we have unlimited choice in every aspect of life be it cuisine, clothes, holidays just about anything is possible. I went to my sons room the other day and saw a bunch of his clothes washed and folded , I asked him his favourite among them, he looked at me and said he did not like any one more than the other.. no favourite.. I was dumbstruck. I reckoned that in everything that we experience in life we have the concept of favourite, the one film, the particular cuisine we love to eat, the favourite uncle who went out of his way to make you feel special…
I remember my 6th std birthday present, my father bought me a T shirt in Matunga, Bombay that I cherished well past my 15th year. In those days we got two pairs of dresses one for Diwali and another for the birthday. It is the drought that taught us to fall in love with every little thing.
Today our children are faced with the flood, too many options to eat, clothe, entertain including the mobile phone, rob today’s children of the little joys of not having something immediately or waiting to have something.
In today’s age of instant gratification, the joy of waiting is lost.
In the investing world as well, we need patience and the ability to overcome some losses to build an exceptional portfolio of investments that would generate a lifetime of wealth. There is no instant Karma that will make you wealthy. Even Warren Buffett, arguably the worlds most astute investor had a 70 year journey in becoming the wealthiest person in the world.
On the eve of children’s day, let us pass on the benefit of a little drought ie.. let us not say yes to all their wants, let us help them await their rewards patiently, let us help them learn from failures and appreciate failures as a necessary step in the journey to success.
Am sure these learnings will help them overcome challenges in life ahead and make them successful in life in general as in their investments.
Happy Children’s Day.