Share Market Is It Gambling Or Business In English By Rajeev Bhatia || Episode–2 #sharemarketdiaries

Share Market Is It Gambling Or Business In English By Rajeev Bhatia || Episode–2 #sharemarketdiaries


Hello viewers, welcome to another episode
of Share Market Diaries.
Today we will discuss about a new topic or
we can say a problem, a fear which exits within
almost every human being who wants to enter
the share market or has already been working
in the share market for quite some time now
but have not been able to attain success.
Basically, this fear is that most of the people
are of the view point that the share market
is a place to gamble and thus a very dangerous
place.
So friends let’s try to understand that is
this market actually a place of gamble or
a place of business.
Friends in the last episode we tried to understand
that share market is also a business like
any other form of business where we actually
sell and buy products.
So friends at least for me it is hundred and
one percent a business only where I make money
from my money so for me it is not at all a
gamble.
I want to ask those people who actually call
this market a gamble that what actually is
gambling?
Basically gambling is anything that we do
not know how to do, and is done without any
logic, system, parameters, or source of knowledge
and we do it on the basis of hit and trial
method.
If I personally talk about myself, doing trading
and investment is very easy for me because
I know how to do it.
Doing trading and investment is my passion,
my hobby.
At the same time I have no interest at all
in cooking, so if anyone tells me to try cooking
and make a platter, I will not be able to
do it because I am not familiar with the ingredients
to be used to make it.
But if the same task is assigned to my wife
she will definitely be able to make a delicious
platter using the same ingredients.
Many people who are watching this video might
be good at cooking, so will definitely be
able to make good things out of the given
ingredients Where some others might get puzzled
just by merely looking at the same ingredients
This does not mean that cooking is difficult
or impossible.
The only difference here is of knowledge and
the ability to use the same ingredients in
the correct way.
I wholeheartedly agree that I have no knowledge
of cooking but what if I don’t agree with
this, then what will happen I will definitely
say that cooking is not worth it, there are
so many ingredients that confuse people, I
am scared of it and for me it’s a kind of
gambling.
So friends do you think that this attitude
is correct, of course you would say NO.
Why because cooking actually is not a tough
task but only if you know how to do it, Since
I don’t know how to do cooking it is tough
for me but others who know how to do cooking,
are able to do it very easily.
So friends the moral of the story here is
that I accepted my mistake that I don’t know
how to, cook but still if I have to do it,
I will have to learn it, understand it and
then implement it.
The same strategy is to be followed in the
share market, where we will have to understand
things, learn them, practice them, and then
finally implement them, only then we will
be able to decide whether investing in the
market is safe or not.
Remember it is not difficult for a pilot to
fly a plane, for a cook to make dishes, for
an engineer to construct bridges, and for
a doctor to operate a patient.
But at the same time these tasks are not only
difficult but very dangerous and a kind of
gamble for you and me.
If you send a cook to fly a plane, although
he might be a very good cook, but flying a
plane will be a sort of gamble for him.
At the same time if you send a pilot in the
kitchen to cook something, he will not be
able to do so.
The problem here is not the work but the in
expertise of the people doing it.
So the main point here is to accept the fact
that I am in expert rather than saying that
the work is incorrect.
Basically friends it is human nature to take
the credit of every good work yourself, while
blame every incorrect work on others or even
say that the work was wrong.
Similarly friends, share market is not a gamble
and even if it is, it is only till the point,
where you don’t know how to work in it.
But once you are able to do so, you will realise
that it is no gamble.
Even if you search on Google you will come
across many such names who have made money
from the share market.
Do you actually think that the share market
has also been a gamble for those people.
Try to ask those people, at least I have never
heard from any one of them that share market
is a gamble.
So actually this thinking is a myth, and we
will be able to move away from this myth only
when we change our view and our attitude.
The need here is to move away from this myth
and we will be able to do so only when we
change our thinking and our attitude.
Actually it is only our mentality and our
attitude, which allows us to do something
and makes us a hero from a zero.
So, friends the problem is not in flying a
plane or cooking or even investing or trading
in the share market.
The problem is only in our thinking mentality
and attitude.
Friends, here I would like to give you the
reference of a great motivator, philosopher
dr.
Mr Shiv Khera, he in one of his seminars,
said that if a person refuses to do any work
then he actually is trying to say either of
the two things;
either he does not want to do that work or
he does not know how to do that work.
So, saying that I don’t want to do this work
actually means that he wants to do that work
but he does not have the ability and understanding
to do it, in such a situation he will have
to learn, understand, practice and then implement
the work instead of saying that this work
is wrong.
But on the other hand, if he says that he
does not want to do that work, then the chapter
closes immediately.
But in both the situations it is wrong to
say that this work is difficult, impossible,
risky or a gamble.
Here friends I would like to add up another
example, if you tell any service class person
to start up a business, i am sure 95% of the
people would say that it is very risky, difficult
and a sort of gamble to start up a new business.
But do you think it is actually correct, if
you look around yourself you will find so
many people who are doing business and that
too very successfully.
So basically we can say that the service class
person actually does not want to do business
or he does not know how to do business.
Similarly if you ask a businessman working
in the auto sector to start a business in
the power sector, in 90% cases the answer
will be that, ‘I am ok, with the work that
I am doing while the other is risky for me,
and why should I go in the other sector’.
But at the same time my dear friends there
are other businessmen who are working in three
to four different sectors simultaneously.
So what actually is the difference between
these two categories of businessmen, it is
that of acceptance and non acceptance.
So friends the moral of the story is that
no work is wrong, difficult or a gamble.
The only condition is that you should know
how to do it along with the ability to accept
it.
As mentioned by me in the beginning that it
is our thinking and mentality that either
stops us or takes us ahead.
Another point to be considered friends, is
that people who call this market a gamble
are always ready to invest in mutual funds
and I here want to ask them why do they consider
mutual funds to be safe when Mutual Funds
are also investing your money in the same
share market .
May it be national or international mutual
funds, ultimately that money is also coming
in our share market only.
So why are you ready to give your money in
mutual funds if this market is a gamble?
If you ask yourself the answer will be that
the fund managers know better than you, that
when will the market go up and when will it
fall down, which share will move up and which
will fall down, when to invest, where to invest
and how much to invest.
So the moral that again comes out is that
you accept the fact that you do not know how
to do a work instead of saying that doing
this work is wrong, difficult and a gamble.
Friends we in India have such a big share
market with two huge exchanges,
where on an average, the turnover of approximately
over 8 thousand crore rupees takes place everyday
within a time frame of approximately 6 hours.
Do you think that the business of this type
of huge amount which is done in approximately
these 6 and a half hours is actually a gamble,
but of course NO.
This friends is a very big myth and here you
need to change your thinking and belief and
then only you will realise that this market
is not a gamble but instead it is a business.
It has been very well said by Gautama Buddha
that ‘Beautiful things happen when you distant
yourself from negativity’.
which means that if you keep yourself away
from negative things you will definitely be
successful and many beautiful things will
happen to you.
So finally friends in today’s episode we have
learnt that no work, no business is a gamble.
Gambling is only that work which you don’t
know how to do and if you know how to do that
work it will never be a gamble for you.
To get success in any work first accept the
fact that this work can be done And I want
to do it.
And then later or sooner you will definitely
be successful in it.
After making up your mind you need to understand
that this work is not impossible and it can
be done then, after that learn to implement
it with discipline.
So, friends that is all for this episode,
Please let us know your views about this episode
and do comment in the comment section.
And if you want to view a video on any other
topic as well please let us know.
Do share this video with your friends, relatives
all other known’s so that all can also benefit
from it.

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