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Investments in Indian Equity and Research => India Stocks and Shares => Topic started by: chetan on November 16, 2009, 10:21:51 AM

Title: Rakesh Jhunjhunwala's Golden Rules of Investing
Post by: chetan on November 16, 2009, 10:21:51 AM

Rakesh Jhunjhunwala's Top 10 Commandments for Investing are -

• Be an optimist! Thenecessary quality for investing success
• Expect a realistic return. Balance fear and greed.
• Invest on broad parameters and the larger picture. Make it an act of wisdom, not intelligence.
• Caveat emptor. Never forget this four-letter word -R-I-S-K.
• Be disciplined. Have a game plan.
• Be flexible. For Investing is always in the realms of possibilities.
• Contrarian investing. Not a rule, not ruled out.
• Its important what you buy. It’s more important at what price you buy.
• Have conviction. Be patient. Your patience may be tested, but your conviction will be rewarded.
• Make exit an independent decision, not driven by profit or loss.