- An attempt at making quick money leads to losses far higher than the initial investment.
- If stocks don’t seem by historical standards, stand aside and invest in very small amounts.
- Buy and hold does not work always .Never average down a losing investment unless it is a part of well-thought out process.
- The best tip is there is nothing called “Hot tip”.
- Never fall in love with your stocks. It will never fall in love with you. It will fall with market J
- Calculate first how much you can lose, not how much you can gain.
- Valuations don’t matter in short run and “short run” can last for months and even beyond a year …
- Experts care about risks and Novices dreams about returns.
- Forecasts usually my market experts are usually useless.
- Develop a method and stick to it and have patience.
- Lots of humility helps.A rising tide raises all ships and so you may have been just lucky.
- Stocks fell more than you think and rises higher than you will possibly imagine.
- Investing in popular stocks, fad industries and new ventures are riskier than it may seem.
- Bear market start in good times and Bull market start in bad times….
- Neglected sectors often turn out to offer good values.
- Don’t assume either the media or fund manager know more than youJ. Their record shows they don’t.
So there was this village where one day a man appeared and said that he wanted to buy monkeys. He said that he would pay a hundred rupees per monkey. The villagers caught all the monkeys in the neighborhood and sold them to him for a hundred rupees each. Soon another man appeared and said that he would pay two hundred rupees for each monkey. But there weren't any more monkeys around. They were all owned by the first man. So the villagers went to him and said that they were willing to take the monkeys back and return his money. But the monkey owner was unwilling to sell. The villagers raised the offer price to Rs 150 per monkey, then Rs 175 and finally to Rs 199 but the man just didn't want to sell, even though he clearly didn't have any use for the monkeys. Eventually, just to see whether he would sell, they offered him Rs 200 but he still refused. The villagers were puzzled by this. Finally, one of them figured out that there must be someone else who was going to...
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