00:00How do we manage volatility?
00:05Well,
00:08there are multiple ways of managing volatility.
00:16So I will suggest something that I will suggest to you,
00:18to get yourself good and to get yourself good and to get yourself good.
00:25So the best way to manage volatility is to have luck like
00:28Mr. Yamaguchi.
00:32Has anyone heard about this gentleman?
00:37I didn't hear it. I was going to search for it.
00:42Most of us will not survive nuclear attack.
00:48Mr. Yamaguchi was one Japanese.
00:51In 1945, he was present in Hiroshima.
00:55And when the nuclear bomb got dropped,
00:58he survived.
01:00And then he went to Nagasaki.
01:05The second nuclear bomb got dropped on Nagasaki and he survived even that.
01:12In the world where it's difficult to survive one nuclear attack,
01:18Mr. Yamaguchi survived two nuclear attacks.
01:22He is the only person to achieve that.
01:26Now,
01:26He is the only person who has a risk of having a risk for you.
01:30What's the problem of volatility?
01:31What's the problem of volatility?
01:32What's the problem of investing?
01:32What's the problem of volatility?
01:32What's the problem of volatility?
01:33Now, we all know,
01:53there is a second way to manage
02:03volatility. If you have seen Rahul Dravid, he is one test cricketer who has faced maximum
02:19number of balls. Neither Sunil Kaavaskar nor Ricky Pounting nor Virat Kohli nor Rohit Sharma
02:29have faced as many number of balls as Rahul Dravid has faced. And he was a Yorker, he was a bouncer,
02:38he was a off cutter, he was a leg cutter. But he was standing on the crease. He obviously
02:49scored many runs because when you were on the crease, of course there were bouncers and
02:56Yorkers. But then there were half-volleys also. And that half-volley dispatched on the boundary
03:04and Rahul Dravid became a legend. So, volatility is like a bouncer and Yorker. Don't have to
03:13pick a wicket. Don't have to sit on the back. If you are standing on the back, not today,
03:19then half-volley will get a half-volley. And if we will kill that half-volley, then we will
03:27run too.
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