Must Read Before Investing

* If you get the conviction to invest Rs.1 lakh in a stock, then only invest in that stock, else forget that stock. Do not invest just for the sake of investing or to try your luck.

* Before buying any stock, write down the reasons why you are buying that stock and before selling review those points that you have noted down, then take a decision to sell.

* The trick of successful investors is to sell when they want to, not when they have to...

* One quick test is to imagine that you had to give a presentation on a stock that you want to buy to a room full of savvy industry veterans and then take their questions. If you could not do it, may be the purchase is not such a great idea.

Friday, October 26, 2012

Worth Reading

  • If you get the conviction to invest Rs.1 lakh in a stock, then only invest in that stock, else forget that stock. Do not invest just for the sake of investing or to try your luck.
  • Before buying any stock, write down the reasons why you are buying that stock and before selling review those points that you have noted down, then take a decision to sell.
  • The trick of successful investors is to sell when they want to, not when they have to...
  • One quick test is to imagine that you had to give a presentation on a stock that you want to buy to a room full of savvy industry veterans and then take their questions. If you could not do it, may be the purchase is not such a great idea. 
  • Reminds what Mark Twain once said, “The man who does not read great books has no particular advantage over the man who cannot read them.”
  • "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer
  •  "If you could tell the future from a Balance Sheet then accountants and mathematicians would be the richest people in the world"
  • More importantly, don't be too impressed with your own "analysis" either.
  • Never bet too big on any single idea, no matter how compelling the story.... and always have your exits in place.
  • "Investing is simple, but not easy." - Warren Buffet
  • Bull markets knows no top, Bear markets knows no bottom
  • Charlie Munger says to Warren Buffett , you might have to get good companies by paying a bit more.
  • Its far better to buy a wonderful business at fair price than a fair business at wonderful price`
  • Never ever regret selling a stock too early and never ever chase a stock. If you have a better options, then invest in other ideas where you have conviction.  

2 comments:

  1. • Bajaj Finance - Listing of 26.93 crore bonus shares
    • Heineken International BV acquires 0.7 percent stake via block trade window in united breweries.
    • Vipul soars 7.5%; receives green nod for Gurgaon project Aarohan
    CapitalStars

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  2. Valuable and good article sir thanks for sharing. I suggest the best investment planner for you safe your investment with Epic Research financial services. They have providing best customer services and also providing 3 days free trails. So first you see the level and then decide how to buy and sell in share market.

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