A revisit to Rakesh Jhunjhunwala's top 10 investing mantras in 2024
Late investor Rakesh Jhunjhunwala, often dubbed the "Big Bull" of the Indian stock market, has once again shared his invaluable insights on navigating the complex world of investments.
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Late investor Rakesh Jhunjhunwala, often dubbed the "Big Bull" of the Indian stock market, has once again shared his invaluable insights on navigating the complex world of investments. With a career spanning decades and a track record of shrewd decision-making, Jhunjhunwala's words carry weight among investors worldwide.
1. Buy when others sell and sell when others buy – the stock market mantra.
2. Invest in companies which have strong management and competitive advantage.
3. When opportunities come, they can come through technology, marketing, brands, value protections, capital, etc. You need to be able to spot those.
4. Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.
5. Hastily taken decisions always result in heavy losses. Take your own time before putting money in any stock.
6. Anticipate trend and benefit from it. Traders should go against human nature.
7. Never invest at unreasonable valuations. Never run for companies which are in limelight.
8. Trading always keeps you on your feet, it keeps you alert. That's one of the reasons why I like to trade.
9. Emotional investment is a sure way to make loss in stock markets.
10. You cannot make profits in the stock market unless you have the ability to bear losses.