0,0,0,1,0 and 0 are the runs Marvan Atapattu scored in his 1^st 6 Test innings. The Sri Lankan selectors gave him a second chance. He went on to score 6 double hundreds in the 90 Tests he ended up playing. This is such a wonderful example of patience, perseverance and conviction in quality.

0, was also the return, you got, if you held onto Reliance Industries (RIL ) shares from Jan 2010 to Jan 2017 ( 7 years ) . Fast forward Mar 2020, RIL again became the darling of investors.

Outperformance

	RIL	Nifty
23rd Mar 2020-11th May 2020	78.4 %	21.4 %

What happened, if one invested, after being enamored by this stellar performance ?

Underperformance

	RIL	Nifty
11th May 2020-31st Mar 2021	27 %	59 %

Having said that, what if one didn’t too much and stayed invested over the last 10 years, in RIL? Your money would have grown 3.7x times (CAGR of 11.5 % p.a). Might not be earth shattering, but not too bad either. I know, its slightly old fashioned to talk of 3-4 x return in 10 years, especially in a year, where some of your investments would have done close to that in a year’s time. But we all know, that the outcome in the short run is based out of luck. Process is what counts and matter in the long run, and you cannot invest your core portfolio without a robust process in place. At BuckSpeak, we don’t forget this, in a year like we just had. Some of our funds delivered extremely high returns from their Mar 2020 lows. But we won’t send WhatsApp messages or marketing brochures talking about them. It’s the long run which counts.

Good investing is a bit like cooking good food, it needs time, love and patience . You might enjoy the fast food once in a while, but you know what’s ultimately good for you.

Disclaimer: Any calculation shown in this post is only for illustrative purposes and based on prevailing tax laws and the past performance of a fund or investment is not an indicator of it’s future performance. The data used in this presentation has been taken from several sources. Neither BuckSpeak nor any of its employees or Subir Jha vouches for the authenticity of the data. Investing in mutual fund comes with market risk. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM) and addendums issued thereto from time to time information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund. Investment should be done in consultant with a financial planner/consultant, who would recommend products aligned to your needs and risk profile. There are no guaranteed returns. Neither BUCKSPEAK NOR ITS EMPLOYEES, makes any warranties or representations, express or implied, on products offered and would be responsible for any losses from these investments. The company earns commission from Asset Management Companies when the user buys mutual funds. However, the recommendations on funds is not influenced by the commission earned.