The awareness of mortals falls short. As long as they're attached to appearances, they're unaware that their minds are empty. And by mistakenly clinging to the appearance of things they lose the Way.
After long study and experience, I have come to the conclusion that (1) all religions are true; (2) all religions have some error in them; (3) all religions are almost as dear to me as my own Hinduism, in as much as all human beings should be as dear to one as one's own close relatives.
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
The feeling for what ought and ought not to be grows and dies like a tree, and no fertilizer of any kind will do much good. What the individual can do is give a fine example, and have the courage to firmly uphold ethical convictions in a society of cynics. I have for a long time tried to conduct myself this way, with varying success.
The monotony of a long heroic poem may often be pleasantly relieved by judicious interruptions in the perfect successions of rhymes, just as the metre may sometimes be adorned with occasional triplets and Alexandrines.
I, too, am indignant when the worthy Homer nods; yet in a long work it is allowable for sleep to creep over the writer.
[Lat., Et idem
Indignor quandoque bonus dormitat Homerus;
Verum opere longo fas est obrepere somnum.]
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
So long as you do no harm to another, change your opinion once in a while. Contradict yourself without being embarrassed. This is your right. It doesn't matter what others think -because that's what they will think, in any case.
As long as the vision of heaven is always changing, the vision of earth will be exactly the same. No ideal will remain long enough to be realized, or even partly realized. The modern young man will never change his environment; for he will always change his mind.