In life, it’s often not enough to be at the right place and at the right time. You also have to be the right person, at the right place at the right time. You’ll hear people lamenting that if only I’m born earlier, I would have bought this piece of landed property at cheap and after 20 years, I’ll become a millionaire because of the property appreciation. But seriously, if you’re not the right person, you might not even buy it even though you’re at the right place and at the right time.

The same goes for stocks. You’ll hear people lamenting that if I’ve the money, I’d buy the blue ‘cheaps’ at super low valuation during the bear market and get all the multi baggers that is the envy of all investors. I think even if you have all the right ingredients, if you do not have the right …