Last week, I met an eye surgeon at a socializing dinner. He is a successful & thriving in his profession. When I met him at the dinner, he was exhausted and tired. When I asked him how is life, he mentioned that he is trying to complete his portfolio rebalancing and burning his midnight oil. Trying to analyze financial statements of companies and the worst part is he is not sure of he is doing the right thing.

Here is a man who had spent over a decade mastering medicine, who charged substantial fees for his expertise and who spent his evenings struggling through financial statements. And the worst part is that he wasn’t even confident he was doing it right.

Let’s do the arithmetic honestly. My doctor friend earns, let’s say, 5,000 per hour when he’s seeing patients. He spends approximately 15 hours a week on investment research, reading annual reports, tracking quarterly results, following market news and second guessing his decisions. That’s 75,000 worth
of his professional time every week, or roughly 3 lakh per month.`

This isn’t a criticism of my friend’s intelligence. He’s exceptionally smart. But intelligence in one domain doesn’t automatically transfer to another. The DIY (Do it yourself) investor is competing against professionals who do nothing else, who have access to management, who have better information and tools
and who work in teams that can divide the enormous labour of comprehensive research.

Professional investment research is a fulltime occupation requiring specialised skills developed over time. This puts DIY investors at a disadvantage, as they lack the necessary resources, leading to low returns.

The most successful people I know have learned a crucial lesson: focus your energy on what you have genuine expertise in, and delegate the rest to competent professionals. You would not do your own legal work or perform surgery on yourself. Why would you do your own Mutual Funds and Stock equity research?

Think about this Eye Surgeon, instead of 15 hours per week of anxious, uncertain research, he can simply follows a professionally managed portfolio aligned with his goals. He can invests systematically, receives updates when action is needed and reclaims his evenings for rest, family or seeing additional patients.

We would be happy to review your portfolio professionally—just let us know.