Buddha's teachings and Investment fundas
Read this interesting comparison between Buddha’s teachings and Investments from Equitymaster. An interesting read.
That suffering is an inherent part of existence – gains and losses are part of stock market investing and one can never be an investor without experiencing the two (the key is to learn from mistakes and try to never repeat them);
That the origin of suffering is ignorance and the main symptom of that ignorance is attachment – so true for speculators who disguise themselves as ‘investors’ while not giving any heed to the fundamentals of investing and are rather guided by attachments with ‘herds’, ‘momentums’, and minute-by-minute stock quotations;
That attachment can be ceased – by proper understanding of the investment process and the actual investment target (company). If the decision has been made after a proper study and analysis and that the decision pertains to long-term wealth creation, ‘the ‘attachment’ can be removed;
That following the ‘Noble Eightfold Path’ will lead to the cessation of attachment and therefore suffering– this eightfold path includes: right understanding (also relevant for investors), right thought (relevant), right speech (non-relevant), right action (relevant), right livelihood (not relevant), right effort (relevant), right mindfulness (relevant), and right concentration (relevant).