Modak and the Art of Investing
- Kaustubh Kale

- Aug 23
- 2 min read

As the aroma of freshly steamed Modaks fills homes during the festive season, this humble sweet offers more than just a delectable treat. My mouth is already watering at the thought!
Modak, traditionally prepared to honour Lord Ganesha, carries within its delicate layers profound lessons about investing.
At first glance, the Modak may appear simple, with a soft rice flour shell filled with jaggery and coconut. However, the process of making it requires patience, precision, and a balance of ingredients. These qualities are equally essential for successful investing and financial planning.
The Importance of Patience
Just as preparing Modak takes time and care, successful investing requires patience. Investments, like the Modak dough, need time to settle before they can be shaped. Rushing the process often leads to imperfections, both in the sweet and in your portfolio. Investors must resist the temptation of quick returns, understanding that true wealth is built gradually, much like the slow cooking of the jaggery filling.
Precision in Diversification
The Modak’s structure also teaches the value of precision and diversification. The thin outer layer of rice flour must be just the right thickness to hold the sweet filling without breaking. If it is too thick, the Modak becomes tough; if it is too thin, it risks falling apart. Similarly, an investment portfolio must be carefully diversified. Over-concentration in one asset exposes you to undue risk, while too much diversification can dilute returns. A well-balanced financial plan, like a well-made Modak, holds together and provides both security and growth.
The Value of Tradition and Adaptability
While Modak is deeply rooted in tradition, it has also adapted to modern tastes with flavours such as chocolate, kesar, and dry fruits. This adaptability offers an important lesson for investors. Traditional products like FDs and insurance policies have their role, but modern investments such as stocks, mutual funds, and even alternatives like startups or derivatives are crucial to beat inflation and achieve long-term goals. Blending tradition with adaptability helps create lasting wealth.
Enjoying the Fruits of Effort
Just as a perfectly crafted Modak brings joy to those who eat it, a well-executed investment strategy brings financial peace of mind. The reward for patience, precision, and adaptability in investing is security and the ability to enjoy life’s sweetest moments.
As we prepare Modaks for this Ganesh Utsav, let us reflect on the lessons they offer about investing. Like crafting the perfect Modak, financial success lies in patience, balance, and enjoying the journey.
Wishing you a joyful Ganesh Utsav filled with Modaks and prosperity.
Ganpati Bappa Morya!
(The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)





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