{"id":272,"date":"2023-04-01T13:20:41","date_gmt":"2023-04-01T13:20:41","guid":{"rendered":"https:\/\/shalibhadra.in\/blog\/?p=272"},"modified":"2023-04-24T13:24:28","modified_gmt":"2023-04-24T13:24:28","slug":"thinking-process-versus-outcome","status":"publish","type":"post","link":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/","title":{"rendered":"THINKING PROCESS VERSUS OUTCOME"},"content":{"rendered":"<p>Dear Patrons,<\/p>\n<h2><strong>THINKING PROCESS VERSUS OUTCOME<\/strong><\/h2>\n<p>Lot of Indian cricket fans remember the Hero Cup match between India and South Africa on November 24, 1993 at Eden Gardens in Kolkata. South Africa needed 6 six runs off the last over to win the match. There was an intense discussion between the players and the captain about who should bowl the last over.<\/p>\n<p>All the regular bowlers Kapil Dev, Srinath, Prabhakar and Ankola, had some overs left to bowl. After consultations, the Captain decided to hand over the ball to the 21-year-old Sachin Tendulkar. Sachin was a star batsman, but the whole Eden Gardens was shocked as he came out to bowl the last over. <strong>That overturned out to be magical!<\/strong> Sachin got a run out and restricted the batsmen to only 3 runs resulting in India&#8217;s victory by 2 runs.<\/p>\n<p>Let&#8217;s imagine what if&#8230; South Africa had scored quickly and won the game easily. What would be the reaction of the crowd, the media and the experts? Would anyone have spared the captain of severe criticism for such a bold decision that went wrong? Even the captain give any justification, would people care to listen to or believe the justification?<\/p>\n<p>We tend to focus on the outcome to judge whether the decision was right or wrong. However, the decision-making process becomes more important. In the context of equity investing, stock market is always volatile and uncertain but investors only chase the certain outcome and in that process is forgotten.<\/p>\n<p><strong>INVESTORS DON&#8217;T NEED TO GET IT RIGHT ALL THE TIME.<\/strong><\/p>\n<p>No one can get it right all the time. Investment decision-making is about considering the payoffs and their probabilities. The right investment process will provide the right combination of both the factors in a way that brings higher upside when you are right and lower downside when you go wrong.<\/p>\n<p><strong>Following Process &gt;&gt;&gt;&gt; Chasing certain outcome<\/strong><\/p>\n<p><strong>Nishit Siddharth Shah<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Patrons, THINKING PROCESS VERSUS OUTCOME Lot of Indian cricket fans remember the Hero Cup match between India and South Africa on November 24, 1993 at Eden Gardens in Kolkata. South Africa needed 6 six runs off the last over to win the match. There was an intense discussion between the players and the captain [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[36,35,13,21,11,18,3,17,34,22,37,29,30,32,31,38,5,14,16,8,6,10,2,4,12,9,39,47,19,48,25,27,23,26,28,24,15,40,7,33,20],"class_list":["post-272","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-asset-allocation","tag-bear-market","tag-best-fund-manager","tag-best-fund-manager-in-2021","tag-best-mutual-fund","tag-best-mutual-fund-sip","tag-best-planning-for-young","tag-best-sip","tag-bull-market","tag-committed-to-investor","tag-dynamic-asset-allocation","tag-financial-wisdom","tag-how-to-invest","tag-how-to-invest-in-mutual-fund","tag-how-to-invest-in-mutual-funds","tag-how-to-invest-in-this-market","tag-how-to-make-financial-planning","tag-how-to-select-fund-manager","tag-how-to-start-sip","tag-invest-for-future","tag-invest-with-financial-plan","tag-investment","tag-investment-for-young","tag-investor","tag-manager","tag-mutual-fund","tag-mutual-fund-india","tag-mutual-fund-investment","tag-mutual-fund-sahi-hai","tag-mutual-fund-sip","tag-select-best-fund","tag-select-best-mutual-fund","tag-select-best-scheme","tag-select-top-fund","tag-select-top-mutual-fund","tag-select-top-scheme","tag-sip","tag-sip-mutual-fund","tag-spend-less-and-invest-more","tag-star-fund-manager","tag-top-mutual-funds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.\" \/>\n<meta property=\"og:description\" content=\"Dear Patrons, THINKING PROCESS VERSUS OUTCOME Lot of Indian cricket fans remember the Hero Cup match between India and South Africa on November 24, 1993 at Eden Gardens in Kolkata. South Africa needed 6 six runs off the last over to win the match. There was an intense discussion between the players and the captain [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/\" \/>\n<meta property=\"og:site_name\" content=\"Shalibhadra Mutual Fund Distributors LLP.\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-01T13:20:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-24T13:24:28+00:00\" \/>\n<meta name=\"author\" content=\"shalibhadra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"shalibhadra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/\"},\"author\":{\"name\":\"shalibhadra\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/#\\\/schema\\\/person\\\/5896e68876d6b5f162be04375995eb60\"},\"headline\":\"THINKING PROCESS VERSUS OUTCOME\",\"datePublished\":\"2023-04-01T13:20:41+00:00\",\"dateModified\":\"2023-04-24T13:24:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/\"},\"wordCount\":323,\"commentCount\":0,\"keywords\":[\"Asset allocation\",\"Bear Market\",\"Best Fund Manager\",\"Best fund manager in 2021\",\"Best Mutual Fund\",\"Best Mutual Fund SIP\",\"Best planning for young\",\"Best SIP\",\"Bull market\",\"Committed to investor\",\"Dynamic Asset allocation\",\"financial wisdom\",\"How to invest\",\"how to invest in mutual fund\",\"how to invest in mutual funds\",\"How to invest in this market\",\"How to make financial planning?\",\"How to select Fund Manager\",\"How to start SIP\",\"Invest for future\",\"Invest with Financial Plan\",\"Investment\",\"Investment for young\",\"investor\",\"Manager\",\"Mutual Fund\",\"Mutual fund india\",\"Mutual Fund Investment\",\"mutual fund sahi hai\",\"Mutual Fund SIP\",\"Select best fund\",\"Select best Mutual fund\",\"Select best scheme\",\"Select top fund\",\"Select top Mutual fund\",\"Select top scheme\",\"SIP\",\"Sip mutual fund\",\"Spend less and Invest more\",\"star fund manager\",\"Top mutual funds\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/\",\"url\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/\",\"name\":\"THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/#website\"},\"datePublished\":\"2023-04-01T13:20:41+00:00\",\"dateModified\":\"2023-04-24T13:24:28+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/#\\\/schema\\\/person\\\/5896e68876d6b5f162be04375995eb60\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/thinking-process-versus-outcome\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THINKING PROCESS VERSUS OUTCOME\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/\",\"name\":\"Shalibhadra Mutual Fund Distributors LLP.\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/shalibhadra.in\\\/blog\\\/#\\\/schema\\\/person\\\/5896e68876d6b5f162be04375995eb60\",\"name\":\"shalibhadra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g\",\"caption\":\"shalibhadra\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/","og_locale":"en_US","og_type":"article","og_title":"THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.","og_description":"Dear Patrons, THINKING PROCESS VERSUS OUTCOME Lot of Indian cricket fans remember the Hero Cup match between India and South Africa on November 24, 1993 at Eden Gardens in Kolkata. South Africa needed 6 six runs off the last over to win the match. There was an intense discussion between the players and the captain [&hellip;]","og_url":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/","og_site_name":"Shalibhadra Mutual Fund Distributors LLP.","article_published_time":"2023-04-01T13:20:41+00:00","article_modified_time":"2023-04-24T13:24:28+00:00","author":"shalibhadra","twitter_card":"summary_large_image","twitter_misc":{"Written by":"shalibhadra","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/#article","isPartOf":{"@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/"},"author":{"name":"shalibhadra","@id":"https:\/\/shalibhadra.in\/blog\/#\/schema\/person\/5896e68876d6b5f162be04375995eb60"},"headline":"THINKING PROCESS VERSUS OUTCOME","datePublished":"2023-04-01T13:20:41+00:00","dateModified":"2023-04-24T13:24:28+00:00","mainEntityOfPage":{"@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/"},"wordCount":323,"commentCount":0,"keywords":["Asset allocation","Bear Market","Best Fund Manager","Best fund manager in 2021","Best Mutual Fund","Best Mutual Fund SIP","Best planning for young","Best SIP","Bull market","Committed to investor","Dynamic Asset allocation","financial wisdom","How to invest","how to invest in mutual fund","how to invest in mutual funds","How to invest in this market","How to make financial planning?","How to select Fund Manager","How to start SIP","Invest for future","Invest with Financial Plan","Investment","Investment for young","investor","Manager","Mutual Fund","Mutual fund india","Mutual Fund Investment","mutual fund sahi hai","Mutual Fund SIP","Select best fund","Select best Mutual fund","Select best scheme","Select top fund","Select top Mutual fund","Select top scheme","SIP","Sip mutual fund","Spend less and Invest more","star fund manager","Top mutual funds"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/","url":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/","name":"THINKING PROCESS VERSUS OUTCOME - Shalibhadra Mutual Fund Distributors LLP.","isPartOf":{"@id":"https:\/\/shalibhadra.in\/blog\/#website"},"datePublished":"2023-04-01T13:20:41+00:00","dateModified":"2023-04-24T13:24:28+00:00","author":{"@id":"https:\/\/shalibhadra.in\/blog\/#\/schema\/person\/5896e68876d6b5f162be04375995eb60"},"breadcrumb":{"@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/shalibhadra.in\/blog\/thinking-process-versus-outcome\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shalibhadra.in\/blog\/"},{"@type":"ListItem","position":2,"name":"THINKING PROCESS VERSUS OUTCOME"}]},{"@type":"WebSite","@id":"https:\/\/shalibhadra.in\/blog\/#website","url":"https:\/\/shalibhadra.in\/blog\/","name":"Shalibhadra Mutual Fund Distributors LLP.","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shalibhadra.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/shalibhadra.in\/blog\/#\/schema\/person\/5896e68876d6b5f162be04375995eb60","name":"shalibhadra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ab55394e6e3b4a89719129e37f2b31fad565acedc6de3759d0d4999922e55ef6?s=96&d=mm&r=g","caption":"shalibhadra"}}]}},"_links":{"self":[{"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/posts\/272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/comments?post=272"}],"version-history":[{"count":1,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/posts\/272\/revisions"}],"predecessor-version":[{"id":273,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/posts\/272\/revisions\/273"}],"wp:attachment":[{"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/media?parent=272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/categories?post=272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shalibhadra.in\/blog\/wp-json\/wp\/v2\/tags?post=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}