EP. 12: Breaking Investment Stereotypes with Vishal Khandelwal (Safal Niveshak)

In this episode of Breaking Investment Stereotypes we discuss Value Investing, Personal Finance, Behavioural Finance and much more with Vishal Khandelwal, Founder, SafalNiveshak.com and Author, The Sketchbook of Wisdom.
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Our guest for today is Vishal Khandelwal. Vishal is the founder of SafalNiveshak.com, an initiative to help people learn the art of value investing and behavioural finance to be able to make better investment decisions. The site, which he started in 2011, is subscribed by more than 90,000 readers and has been ranked among the best value investing blogs worldwide. Vishal is also the author of The Sketchbook of Wisdom, which is packed with 50 timeless ideas from the wisest people who have walked this Earth. Vishal calls it a manual on virtue, happiness, and the pursuit of wealth and good life.
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References:

→ Poor Charlie’s Almanack - Charlie Munger

→ Think Twice: Harnessing the Power of Counterintuition - Michael J. Mauboussin

→ Black Swan - Nassim Taleb

→ Education of Value Investor - Guy Spier
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Timestamps:
0:00 - Intro
2:05 - Vishal’s journey with Safal Niveshak
10:22 - The story behind “The One Percent Show”
12:41 - What made Vishal write “The Sketchbook of Wisdom”
16:28 - How and when Vishal found his Ikigai
20:00 - Writing on behavioural finance v/s stock ideas
21:29 - Why Vishal does not like writing about stocks
23:44 - Simplifying personal finance
27:36 - Approaching insurance planning
31:15 - What is the need for financial education
32:37 - Understanding the “Robinhood generation of investors”
34:18 - How should you navigate bipolar markets?
37:07 - Have markets become short-term on an average?
40:03 - How can one avoid the trap of short-term investing?
44:00 - Becoming an investment Buddha
48:10 - How can you navigate market cycles?
53:05 - Vishal’s lessons from his podcasts
56:54 - Strategically copying investment styles
58:09 - Who has impacted Vishal’s investing strategy?
1:00:15 - Why Vishal loves being an educator
1:01:14 - How has meditation helped Vishal?
1:06:22 - An investing stereotype Vishal wants you to break
1:10:09 - Understanding our complicated relationship with money
1:11:44 - Resolving the gender divide in finance
1:16:42 - How does Vishal read & journal?
1:20:31 - Vishal’s advice to a 20 year old today
1:22:53 - Advice to a young parent
1:23:50 - Vishal’s views on Crypto