- Do thorough research before buying stocks. - Buy the right stock and have faith. - Don’t panic and make a hasty decision.
Invest in stocks for the long term. Have patience - it’s one of the important factors to becoming a successful investor
“Emotional investment is a sure way to make losses in stock markets.” - Rakesh Jhunjhunwala When it’s time, take a call and exit.
Break the herd mentality. Go against the tide! “Buy when others are selling and sell when others are buying.” - Rakesh Jhunjhunwala
Stock market returns are subject to market fluctuations. Develop the ability to bear the losses to make profits.
“Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.” --- Rakesh Jhunjhunwala
Invest in companies which are backed by strong leadership and competitive management