Imagination is more powerful than knowledge!
this simple statement has relevance for all walks of life. and also for stock markets!
only people who have this rare quality could envision Sensex in India touching 21000 by 2008 from a level of 3000 in 2003. not knowledge. not degrees. not phd's. not fancy titles like C.E.O.,C.O.O. etc.. but imagination was required to see this massive wealth creation.
i have to admit that i did not in my wildest dreams see Sensex touching these high levels.
even the massive success of Reliance group can be attributed to the superb imagination of dhirubhai ambani.
Friday, October 23, 2009
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