One of the most famous questions posed by Yaksha is, “What is the greatest wonder in this world?” Yudhishthir’s reply is, “Everyone sees countless people dying every day, but they act and think as if they will live forever.” Yudhishthir’s insight was that we are strangely blind to a fact that is blindingly obvious. For us, the Yaksha Prashna would be, “What is the greatest wonder in the world of investing?” With due apologies to Yudhishthir, my answer is, “Everyone sees immeasurable wealth being created by people who never sell, but they think and act as if it is selling that creates wealth.”
