Nithin Kamath’s Warning: A Lesson from the Dinosaurs
Amid the escalating war in the Middle East, Zerodha co-founder and CEO Nithin Kamath on Sunday said billions are being spent every day on wars and destruction, making an already bad situation even worse.
He also said that the threats which are coming from the Universe are manageable but the ones “we’re creating ourselves” cannot be managed.
Kamath said he recently watched ‘The Dinosaurs’, a four-part documentary series, on Netflix. The documentary, produced by Steven Spielberg and narrated by Morgan Freeman, explores the 165-million-year reign of dinosaurs on the Earth.
Kamath also recommended ‘The Dinosaurs’ to watch it especially with children. In his post, the Zerodha co-founder said: “Watched the Dinosaurs documentary on Netflix this weekend. Highly recommend, especially with kids. Dinosaurs ruled this planet for 165 million years. Then an asteroid they never saw coming ended it all in a geological blink.”
The Lesson for Humans
He points out that while humans’ modernity is short, their ability of self-destruction has developed in a mere “blink” of human history. The complexity of threats is growing exponentially faster than humans’ biological or social evolution.
“Humans with abstract thinking, art, and complex language, what we’d call truly modern humans, have existed for maybe 50,000 to 100,000 years. Civilisation as we know it? Writing, cities, organised society? Maybe 5,000 years. The version with industrial-scale technology, global trade, and the ability to reshape the planet? Barely 200 years. And the version with nuclear weapons, AI, and the ability to end all of it? Less than 100 years. We solved the asteroid problem, by the way. NASA can now track and deflect them,” he said.
For more information on how to navigate the stock market during times of conflict, check out our article on investing in stock market during war.
The Impact of War on the Stock Market
Kamath further said: “The thing that wiped out 165 million years of dinosaurs, we’ve figured that one out. And yet billions are being spent daily on war and destruction, making an already bad climate situation even worse. The threats coming from the universe are becoming manageable. The ones we’re creating ourselves, not so much.”
“The dinosaurs had no choice. The asteroid just came. We do. That’s what makes what’s happening right now so much harder to watch,” he added.
The West Asia conflict was triggered by the United States and Israel joint strikes on Iran, killing the Islamic Republic’s Supreme Leader Ayatollah Ali Khamenei on February 28. Since then at least 1,230 people have been killed in Iran and at least 397 in Lebanon.
In retaliation, Iran launched several attacks on Israel, American bases in the Gulf, and on the US allies in the region.
The Iran war’s targets widened dangerously into civilian infrastructure on Sunday as Bahrain accused Iran of striking one of the desalination plants that are crucial for Gulf nations’ drinking water.
What Investors Can Do
As the conflict in West Asia continues to escalate, investors need to be aware of the potential impact on the stock market. For more information on how to manage your portfolio during geopolitical turmoil, check out our article.
Additionally, investors can also learn more about diversification strategies for investors to minimize their risk during times of conflict.
Conclusion
Nithin Kamath’s warning is a wake-up call for investors to be aware of the global geopolitical landscape and its impact on the stock market. By understanding the potential risks and taking steps to manage their portfolios, investors can navigate the complex and ever-changing world of finance.