Vivek Kaul: Warren Buffett and the mediocrity of investing
Har shaks daudta hai yahan bheed ki taraf,
Phir ye bhi chahta hai usse raasta mille.
This basically means:
Every individual wants to run with the herd,
And then wants a right of way as well.
(I am not a professional translator, so the beauty of the original is bound to be lost in translation.)
Like all great poetry, the couplet summarizes what is perhaps a universal trait injust a few words. The beauty of the couplet is in its brevity—in what it does not tell us—in the question it does not answer: why do people like to run with the herd?
Dear reader, think of it in visual…