Don't Compete with anyone but yourself - The Psychology of Money Book Review

  I will start with some Indian perspectives when it comes to Investing before reviewing this book which is nothing less than a 24K Gold. I believe all of us do invest money in some form or other. It can vary from Bank Fixed deposits, Government bonds, Stock market, Real Estate, or Gold. I believe the majority of Indians were conservative when it came to investing in the Stock market before the COVID wave hit in March 2020. Zerodha is currently India's biggest broking house. Zerodha's CEO Nitin Kamath made 2 important points when he was interviewed  on CNBC recently in July 2021. First - He was happy to announce that Zerodha has around 6 million subscribers and it has seen a record jump in the last 18 months. The second point - 99% of the new investors have not even earned more than FD returns in last 18 months. Now, that's a powerful point. Nitin Kamath was talking based on data points since he has data scientists who use tools like Big data and Machine Learning to come up...