Tuesday, March 15, 2011

Rakesh Jhunjhunwala's - 10 Commandments of Investing

•Be an optimist! The necessary 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.