This is my second book from the author Dhyan Appachu; previously I read his debut work of non-fiction which was based on Arya Dharma i.e. the Noble Dharma. The previous one was a lengthy book. I remember taking time making notes and understanding the concepts like Ram Rajya and FUKUS system.
Well, this book is short read, around 160 pages. It also revises the first book, not whole, but some concepts from that, mainly related to wealth and prosperity and peaceful living.
‘The Art and Science of Real Wealth’ is segmented into two parts, first the author shares his wisdom and experience from speculation and investing in the stock market. He was into that market for 26 years. Second section is about real wealth – what is real wealth, other than money and assets. The combination is great for anyone who has been lost and failed in making money by investments and speculations and equity and much more.
The first section of the book is mainly built around three core aspects. First is the author sharing his 26 years experience into speculation and investment, secondly viewing the commercial/investment options from Kondratieve Wave, and considering speculation from the Jesse Livermore’s point of view.
From the above, Kondratieve was an underrated economist, but his theories now fit exactly on the point. Jesse Livermore was a great speculator. The author has rich experience of speculation and stock investment, at large he is a self-taught one. The author would have made INR 590 crores by June 2020 if he had bought stock of MRF Tyre Company in 1990s, when he was a teenage guy. He, instead, put money into an oil exploration company and his investment didn’t bring him any good result. He insists that the world’s greatest investors were successful only because of logic, reason, patience, and discipline.
The author also asserts that he was good at money and always strived ahead to make money out of stocks in Bharat stocks and abroad, basically the USA. But due to greed, stupidity, and arrogance, he paid heavy price. However, when he opted for Dhyan or meditation – he got good power of concentration and thus he begins getting result in his favour. But out of 26 years…he was on a losing side for around 24 years. Anyway, he wanted others, through this book, to avoid what he messed up.
He explains the difference between speculation and investment. For greater profits in life, the author is of the opinion that one must believe in patience and logic. Investment is long term, while speculation has no good life. One thing is sure the author did a lot of trial and error in his financial life. It is his magnanimous that he wants to share his failures and experiments with millions so that they can make wealth without losing time.
Talking about the second part of the book, it’s actually collective extracts from the book Arya Dharma: The Noble Dharma. This part talks about true love and real wealth. Those who have already read the first book may find it easy to connect. And those who are new to this will have no difficulty understanding the concepts. I really liked the way he explained various factors that make one wealthy and happy, instead of accommodating just assets and bank balance.
Before concluding the review, I would like you to go through this excerpt, it is self-explanatory:
“If you live in the hearts of those who we love, is to never die. The goal of Real Wealth is to become immortal. It is to never die.”