Zerodha co-founder and CEO Nithin Kamath recently shared a heartfelt note on his friends of 30 years who he now considers family. The billionaire took to social media to share pictures with them and said he considered himself to be truly lucky to be among friends who stay connected without judgment, having withstood the test of time.
"Friendships built on pure connection, free of judgment, are the ones that stand the test of time. Spending almost 30 years with my school friends, and now our families, makes me realize how lucky we truly are," Kamath wrote on X.
Friendships built on pure connection, free of judgement, are the ones that stand the test of time. Spending almost 30 years with my school friends, and now our families, makes me realize how lucky we truly are.K2, Normal, Chubby, excuse me for sharing it on social media. pic.twitter.com/JE9ubwoI7h
Nithin Kamath (@Nithin0dha) January 5, 2025
Friendships are precious to Kamath and, as he had said earlier, he has five "bros" that he can "do all for". In 2023, the Zerodha boss said he is worried about the world facing a “friendship recession” with a number of people admitting to lacking close friends. Taking to Twitter, Kamath shared a few infographics from a 2021 survey by the American Perspective, which described friendship recession as the rise in the number of people who lack a certain number of close friends and fewer people to rely on in terms of crisis.
The more #philosophy you read (not stoic), having a community seems to be the biggest precursor to #happiness (as fleeting as it might be). I have 5 bros in my life I would do all for, life-changing this is, seriously pic.twitter.com/jMxVDKs031Nikhil Kamath (@nikhilkamathcio) May 26, 2023
The American Perspective Survey also highlighted that friendship recession could become a serious crisis in the future as loneliness is equivalent to smoking 15 cigarettes a day. It pointed out four factors that are causing a decline in friendships-- geographic mobility, increased parental focus on child-rearing, work-centric culture, and breakdown of relationships leading to the separation of friend groups.
According to the survey, 15 percent of men reported lacking a close friend while the number stood at only 3 percent in the 1990s. Meanwhile, more than half of women lost touch with their friends during the Covid pandemic.
Raising the alarm on the 'friendship recession', the survey said that if the trend continues there could be more "atomized individuals and a dystopian outlook". The lesser number of friends in our lives would also increase " sadness and ill health".
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