I have written a new book. It’s called The Long Game: Timeless Lessons from Practitioners on the Craft of Long-Term Investing.
It’s one Hardcover of 400 pages, That’s not just my voice, but it also brings together reflections from practitioners I deeply respect – fund managers, founders, analysts and advisors – who have spent decades in the markets writing about their greatest lessons and hard-won wisdom.
Some of the 30 practitioners who contributed chapters include: Pulak Prasad, Sankaran Naren, Manish Chokhani, Vinod Sethi, Utpal Sheth, Chris Mayer, Ian Cassel and Barry Ritholtz.
Combined, these voices represent deep market experience, billions in capital under management, and decades of learning what textbooks don’t teach: how to survive the long game of investing.
The book covers ideas such as:
- Why your first mistake isn’t what kills you, but your reaction to it
- What it actually takes to hold a stock via a 50% withdrawal
- How in-depth attention is an investor’s most underrated asset
- The role of boredom, suffering, and ego in shaping long-term returns
- Why the best investors eventually stop performing and start seeing
In short, The long game is the kind of book I would have liked to have read when I started out as an investor 23 years ago. But it’s also the kind of book I needed to write now, after making enough mistakes myself to know that the hardest part of investing was never the analysis. It was the waiting, the self-doubt and the discipline of doing nothing when every instinct is screaming at you to act.
Moreover, this book is not just about investing. It’s about the kind of person you have to become in order to invest well for a lifetime.
Now I have to be honest that I’m nervous about this.
Not about the writing, because I’ve rewritten these chapters more times than I can count, and I believe in what’s in these pages. I’m nervous because this book requires a different kind of trust. It doesn’t give you stock selection. It does not promise market-beating returns. It asks you to look within. To slow down. Sitting with discomfort.
That’s a hard sell in a world that wants quick answers. But if you’ve been reading Safal Niveshak for a while, you already know that the quick answers are usually the wrong ones. The real work happens inside, in the gap between what you know and what you actually do when the market tests you.
That’s what The long game passes.
The book goes through six stages, from rewiring the way you think about markets, to controlling the emotions that sabotage your decisions, to the inner struggle that every long-term investor ultimately faces. Think of it as a map for the journey from smart to wise.
Pre-order details
The long game is now available for pre-order.
- India: ₹1,799 (regular price ₹1,999 after first 1,000 pre-orders). Free shipping included.
- International: $50 (regular price $55). Free shipping included.
- Each pre-order comes with a limited edition hand-illustrated art card with Warren Buffett and Charlie Munger, combined with a timeless Seneca quote about choosing your heroes wisely.
Shipping begins on February 25, 2026.
If you’d like to read it before you buy, I’ve shared excerpts from three chapters on the pre-order page. Look. Let the writing speak for itself.

Early praise for it The long game
I sent a sample of the book to some people I admire, and here are some nice things they had to say:
Teaches you how to think, judge and behave: the real basis for lasting success in investing.
—Arnold Van Den Berg, founder, Century Mgt Financial Advisors
A wonderful collection of honest, deeply personal and timeless reflections on what it takes to learn and grow as an investor.
—Navneet Munot, MD and CEO, HDFC AMC
The Long Game is a reflection on judgment, curiosity and the timeless principles that shape clarity in investing.
—Kenneth Andrade, CIO, Old Bridge AMC
Read Vishal’s book to avoid the pitfalls that cause us years of confusion, self-doubt, and unnecessary mistakes in investing.
—Rajeev Thakkar, CIO, PPFAS Mutual Fund
Deeply thoughtful exploration of patience, humility, and the inner discipline needed to survive and thrive in market cycles.
—Sanjay Bakshi, distinguished adjunct professor of finance, FLAME University
Vishal masterfully distills the essence of what it takes to thrive in the uncertain and ambiguous world of investing.
—Kalpen Parekh, MD and CEO, DSP MF
One last thing
The long game is a one-time investment in a philosophy that will benefit you for the rest of your investing life.
If this isn’t for you, that’s totally fine too. Not every book is for every reader. But if anything in this post sparked a feeling of “yes, this is what I was looking for,” then I think you’ll find a companion in these pages.
Thanks for being here. Some of you have been reading my work for over a decade. In many ways this book is for you.
—Vishal

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