“If a girl is
beautiful a suitor will come. If a stock is beautiful, a suitor will come. So I
don’t search for suitors when I buy the stock.”
“I have learnt two
things about the press and wives. When they say something – don’t react.”
“India will remain in
a phase of very good economic growth for the next 30 years.”
“Markets are like
women — always commanding, mysterious, unpredictable and volatile.”
“Anticipate trend and
benefit from it. Traders should go against human nature.”
“ Successful
investors are opportunistic and optimistic ones.”
“The mother of bull
all runs is still to come.”
“I have two-three
dreams in life. The first dream is that when I die and only truth of life is
death, how many people come to my funeral and say, a good man has died. That is
the greatest ambition in my life. Second thing is I want to earn the greatest
wealth of the world in the most legitimate manner; practical legitimate manner
and leave the largest part of it to charity.”
“Respect the market.
Have an open mind. Know what to stake. Know when to take a loss. Be
responsible.”
“Growth comes out of
chaos.”
“Market is above
individuals. The market is rational. An individual can never be smarter than
the market.”
“Maximise profits and minimize
losses.”
“Invest in a business
not a company.”
“Emotional investment
is a sure way to make loss in stock markets.”
“If in doubt, listen
to your heart.”
“The country has
rediscovered its confidence.”
“Whatever you can do
or dream you can, begin it. Boldness has genius, power and magic in
it.”(Goethe)
“Aspire, but never
envy.”
“Be paranoid of
success — never take it for granted. Realise success can be temporary and
transient.”
“Build a fighting
spirit — take the bad with the good.”
“When you see a
horizon, it seems so distant. When you reach that horizon, you will realize how
many more horizons are within reach.”
“Have some cash in
hand so that you can grab the opportunity when it occurs.”
“Blindly following
stock picks by big investors is not a wise thing to do.”
“Look at the sources
of Profits. What are the reasons that will give rise to Profits in the medium
and long-term term”.
“Look at the factors
and circumstances that will create an opportunity for business in the sector”.
“If there is value in
Large Cap, buy it. If there is value in Small Cap, buy it. But don’t obsess on
irrelevant matters”
“Give your investments
time to mature. Be Patient for the World to discover your gems”.
“Never get carried
away by aberrations, recognize and respect them but do remember that the market
corrects its aberration though it takes time.”
“Don’t worry about
things that you neither know about nor can do anything about. It’s not
important. Instead focus your energies on what you can and should know well
enough – the business of the company you are investing in“.
“Never in my life have
I not made an investment because the stock is not popular. In fact I like to
make the investment when the stock is not popular.”
“vadhere vadhare
levanu vadhare vadhare beichavanu”-Buy as the market is rising sell as the
market is falling.
“Like wives markets
are always right. With wives you can argue but with markets you can’t.
“If the Indian economy
performs well, the money will come from Timbaktu, but it will come,”
“In trading, we make
mistakes everyday. You know one author once said beautifully, that it’s not
important that you are right or wrong in trading; it’s important how much
you lose when you are wrong and how much you make when you are right.”
“You know, trading
always keeps you on your feet, it keeps you alert. That’s one of the reasons
why I like to trade.
First thing I’ve learnt is that
markets work. They are the best mechanism to build societies.”
“Either don’t come to
markets or don’t regret what you have done.”
“Teji me sab ka bol
bala, mandi me sab ka muh kala.”
“I only make mistakes,
which I can afford, where I can lift to begin again.”
“You do not succeed without
obsession.”
“The market is supreme.”
“With time, everything
changes and passes. Find the excesses.”
“As a rule in trading
never ever average.”
“Always know what to
stake and when to take a loss.”
“Make the investment
when the stock is not popular.”
“The prettiest part of
the stock is that it has to be cheap – the entry point.”
“Do not invest in
those cheap stock which will give huge returns when your children are grown up.
Think about a reasonable time also.”
“Hold on to a stock
only if will give returns and not become emotionally attached to it.”
“In the market you
have to be like a chameleon, always changing your colours and going with the
trend. You’re lost if try to go against it.”
“See the world as it
is, rather than what you would like it to be.”
“When opportunities
come, they can come through technology, marketing, brands, value protections,
capital, etc. You need to be able to spot those.”
“Invest in the small
caps, which will be the large caps. The biggest challenge of investing is that
you should recognise whether organization has the ability to scale.”
“I have far less than
people think, but far more than I need.”
“I initially wanted to
become a broker, but I didn’t have the capital to be a broker, so I started
investing.”
“Markets make excesses
but those excesses come to an end.You have to judge how long will that excess
last and when will it end.We will try and make money both ways.”
“Trading is against
human nature.”
“You have to lose many
a battle to win the war”. (Churchill)
“My decision to
aggressively invest in the asset class of Indian equities at the right time was
a very important determinant of my success.”
” Value investing is
relevant in all circumstances. But thought processes and principles are dynamic
and not static. Be open to change.”
“If you see an
opportunity, grab it today!”
Wealth Creator - Rakesh Jhunjhunwala.
Disclaimer : - Source Google
|
No comments:
Post a Comment