New E book Alert: The Lengthy Recreation is Out there
My new e book, The Lengthy Recreation, is offered now. The e book comprises reflections from 30 buyers who’ve survived a long time of market cycles. You’ll learn to tune out the noise that makes you second-guess your self, deal with the worry and greed that harm your choices, and stick 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 keep in mind what plant it was, however I keep in mind she watered it each morning, the identical method, at roughly the identical time. I keep in mind asking her as soon as why she didn’t simply water it quite a bit as soon as every week and recover from with it. She checked out me like I had mentioned one thing unusual, and mentioned, “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 folks, 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 shortly. And but we stay in a world that retains pushing us to measure ourselves each few weeks and each few months, and in opposition to people who find themselves additionally measuring themselves each few weeks and each few months. Nearly no person appears to be enjoying the lengthy recreation. And those who’re, have a tendency to finish up with lives value being attentive 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 this moment.
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 concerning 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 day-after-day by compounding small enhancements throughout years into one thing significant. I nonetheless imagine in that concept. I write about it typically. 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 very best conversations weren’t actually about day by day incremental enchancment however had been about individuals who had stayed with one thing tough for a very long time, individuals who had performed a protracted recreation in markets and of their lives, and had one thing to say about it.
Each concepts—”one p.c” and “lengthy recreation”—are about compounding. However one is concerning the day by day observe, and the opposite is concerning the lengthy arc. As I saved recording the present, I realised the conversations had been touchdown extra on the lengthy arc than on the day by day observe. 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, instructing, and desirous about markets in a method that only a few folks 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 virtually nothing to do with returns.
- Return on time mattering greater than return on cash.
- Studying folks slightly than spreadsheets.
- The age we stay in — which, Vinod argues, shouldn’t be 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 among the best conversations I’ve had on this present. I hope it finds you at a time when you possibly can sit with it correctly.
Watch the episode right here.
A notice, 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 recreation has taught them. You’ll be able to discover it right here.
And should you’ve been subscribed to The One P.c Present on YouTube, there’s nothing you should do. The channel is identical. The brand new episodes will simply arrive beneath the brand new title.
Thanks for being right here. These conversations, this writing, this work…none of it is sensible with out you on the opposite facet of it.
See you within the subsequent one.
Vishal