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19 Sep 2008

Rakesh Jhunjhunwala pearls of wisdom for traders


1. Rakesh Jhunjhunwala advocates having faith in the growth prospects of a company in which one is intending to invest in the stock. he further states that adequate time be given to the investments.

2. Rakesh Jhunjhunwala warns the greedy investors as they will generally lose the money in stock market. He further advises that one must book profits once the stock reaches the target price. He also elaborates that taking the losses in spirit is also a way of life and one must learn from the mistakes.

3. Rakesh Jhunjhunwala warns that investment be taken post research and he makes a quote of Winston Churchill where he states that one has to lose many a battle to win the war.

4. He states that one should not doubt the wisdom of stock market as it is generally right and advises the investors to avoid timing the market and further advises thatfear and greed be kep under reins.

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