Dear Friends,
The events of the last few weeks leaves me in a state of discomfort. The mindless mudslinging by a few hiding behind the burkha of internet pseudo names - with a motive that is as elusive as their real identity has left a bad taste. I am surprised as to why most people would rather bring somebody down than try and stand up to his height.
Maybe this is a way of life which I am getting used to.
Added to this was the selective leaking of research write ups and all other information that I used to share on this platform. In fact people created What's Up groups where sharing of copyrighted material had become a norm. One person had conveniently put my research report on a Facebook group with over 2000 members. All this has been a pain to deal with. I have the names and voice samples of the culprits here but have resisted in going ahead as they are young professionals with a few decades of work life left ahead of them.
In my nine years of online activity I have never backed away from an argument. But those arguments had always been with people whom you knew existed. And not with people who just had a mischievous intent where one person created half a dozen identities and kept posting across the web. I refuse to be drawn into a fight where my opponents identity and existence remains hidden from the real world.
I am willing to argue with anyone on anything - anytime. But the person should first lift his veil and reveal his identity. As I always say internet blog sites are a funny place. It is an arena where people who buy 50 shares scream the loudest while the ones who buy 5000 don't write they just read.
I have always believed that people will value integrity, over intelligence and intelligence over wealth. I have played the game fairly for all the past nine years and need no proof from anonymous onlookers to prove the same. My subscribers most of whom I have known for almost a decade continue to back me on this with full might and strength.
It is true that Basant's Corner was creating ripples. Who likes to see people learn and earn - both at the same time? Business strategy suggests that clients should be educated only up to a point and not beyond it. But I went ahead as my subscribers were not clients to me - they were a part of my extended family.
I have had requests from people as far as Australia & America and as near as Dubai that they are willing to fly down on 24 hours notice to any place that I suggest to vouch for my credibility. My inbox is full with hundreds of mails of appreciation and accolades. Thank you all for your help and support. I wish I could have reciprocated the same by being with you for ever.
People come to the market to make thousands. At Basant's Corner we made crores. It was a collective effort where people postponed buying off houses; cars and jewelry as they embarked on a journey to financial freedom through stock market investing.
Most of them have succeeded and the others are well on path to it. Maybe this worries the onlookers.
It isn't easy to create reputation in the online world. The reputation and support that I have created is easily the subject matter of envy for many. It has disrupted thought processes all across. Moreover, it has encouraged people to be smarter in their financial dealings making them better managers of their own money. Maybe this also hurts. Who knows?
No one becomes rich by envying others; no one grows in life by feeling jealous. Being envious and jealous doesn't help one to swallow someone else's gain with a little less pain either. In all it just increases the suffering. But that is not my problem as I have always tried to learn and excel rather than abuse and insult.
Then there is this talk of me blocking off people on Twitter. This is true. If you have an intelligent discussion to make I welcome you with open arms but if you just have an axe to grind - my doors shall remain closed for you. I do not engage in needless accusations and unnecessary fights so the best thing to do is to raise the boundary wall of my house.
Guys, we talk of our 5,000 year old culture; we talk of India becoming an economic superpower can we do that if we keep engaging in mindless mudslinging? Had I been a thick skinned hippopotamus engaged in cutting corners I would have continued to run Basant's Corner instead of closing it. Someone told me that politicians get insulted all the time but still do their job. My answer was 'Maybe that is why I'm not in politics'.
No one closes down a business which is in its prime. I could have doubled subscription rates and kept back 80% of my subscribers but making money wasn't as important as sleeping well at night. I never took this job as a business or else I would never have closed it.
All this talk of me closing this out of fear is as bizarre as the other allegations. At an oportune time I might show as to why I have got nothing to fear about. But I am unwilling to open my defence in front of all and sundry.
My members have been under my skin to ignore this even as my phone rings continuously. But once a decision has been made we can't go back.
My final message for my friends who are so near and dear to me remains the same:
'Dare To Dream with Stocks
&
Invest without fear'
I wish you all the very best in the times to come and my sincere apologies again for leaving you midway like this.
Maybe life has a bigger role for me. Will surely come back to you then.
I look forward for your support and well wishes.
Yours Truly,
Basant Maheshwari
Sir u have given lot confidence and making dream big in equities, who says comman man can't dream big in equities
[QUOTE=basant]I tried my best to educate and also help people dream big. No one gets rich without dreaming big. Using compound interest one can get to any figure but getting rich with one leg in the grave is a lot different than getting rich with plenty of years to go.
[/QUOTE]
The best thing you did was to create the confidence in people that they can dream big and also achieve it i.e. Equity investment can create fortunes. I feels there are hundreds of them boasting of being carorpatis now and dreaming of 100 bagger from here as well.
Thanks again for making me dream big and help me move on the journey to fulfill the dream true.
I tried my best to educate and also help people dream big. -------- Absolutely no doubt about it. Hats off to you for that. But i miss you terribly
Sir We will not forget the Contribution that TED and Basant Corner made in our life.
It has completely changed our thought process.
There are few things in life that you can sya life changing and expereince with TED and Basant Corner was definitely among them
Definitely Basant Ji...among other things, the one thing I am personally thankful to you for is the fact that you made it possible for me to dream big. A lot of gratitude from my side to you for instilling that feeling.
Missed you earlier...will still miss you now. Pls do stay in touch. Pls. :-)
Its indeed you showed the path... as to how one can become financial independent. From only 5-10% of networth to having 80-90% of networth in stock is possible only because you. Moreover this 80-90% networth is helping in achieving the dream faster.
In edelweiss, we get a view of investment vs current value.. and I can see a big gap after associating with you.. before TED/BC, it was running parllel but with TED/BC the gap between investment and current value is increasing like anything.
Hi Basant ji - It has been an awesome journey so far. Like a Guru, you have not only guided us to take the right path but also educated us so that we can build our own way to reach the destination of financial freedom.
In my school days, have read this Sanskrit shloka which is apt in the current situation:
अधमा धनमिच्छन्ति धनं मानं च मध्यमाः ।
उत्तमा मानमिच्छन्ति मानो हि महताम् धनम् ॥
adhamā dhanam_ichchhanti dhanam mānam cha madhyamāḥ |
uttamā mānam_ichchhanti māno hi mahatām dhanam ||
Lowly people desire wealth [over respect], average people desire wealth and respect, the great people desire respect [over wealth], for respect is wealth of the great!
Thank you for all the guidance so far.
You sure did make us dream big! And if you can dream it, you can have it...that's the law of attraction! Thanks for helping me have the confidence to think big, dream big and believe BIG!
You sure did make us dream big! And if you can dream it, you can have it...that's the law of attraction! Thanks for helping me have the confidence to think big, dream big and believe BIG!
Posted on:7/5/2015 9:37:43 AMbasant
I tried my best to educate and also help people dream big. No one gets rich without dreaming big. Using compound interest one can get to any figure but getting rich with one leg in the grave is a lot different than getting rich with plenty of years to go.
[QUOTE=atulyas] It was a great journey together. I am not going to demean the relationship by talking about the money I made with your recommendations as that would be putting a price to it. I consider our association priceless and the wisdom you imparted can't be measured. What's more, the confidence you instilled with your conviction helped me redefine the rules of my investment strategy. BC for me was never about making money alone, it was about rediscovering myself.
If one goes to Harvard, it is never about the expenses of doing the course or what handsome remuneration one will achieve having done the course, it is about building the faith in yourself to dream the impossible! And that's what Basant's University aka Corner did for me. All the best to you friend and God bless![/QUOTE]