Follow these 5 rules and taste the business success!

Follow these 5 rules and taste the business success!

5 Investors – 5 Rules

“Every kind of success has 1 thing in common – they follow rules”.

Warren Buffet says ‘Remember that Rome wasn’t built in a day and hence he suggests investing, i.e. long term. Jordan Belfort says ‘Remember that Hiroshima was destroyed in a day and hence he suggests trading, i.e. short term. Everyone has his/her own opinions. So here are some top tips from the world’s best investors.

  1. Dennis Gartman - He says ‘Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are 'right' only 30% of the time, as long as our losses are small and our profits are large.’ Don’t sell at the sign of profit. Let the winning trades run.
  2. Warren Buffet – He says ‘It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.’ First, look at the quality of the company, then at the price. If a company isn't a quality company, don't buy it just because the price is low. Bargain-bin companies often produce bargain-bin results.
  3. Prince Alwaleed Bin Talal – Must be shocked to hear an unpopular name on this list, right? No problem, just take in what he has to offer. His only suggestion is - hold their investments. Investors that have strong convictions and have done the research are able to hold for long periods of time, riding out rocky market events.
  4. Benjamin Graham – He says ‘Mr. The market is your servant, not your master. It’s important not to get wrapped up in everything that is going on with the markets. Instead, focus on your own research into a company. Graham was never a huge risk taker when he made investment choices; he used solid financial analysis to pick great companies.
  5.  Mukesh Ambani - Like money is not a means to the end, money isn’t a dirty word in Reliance. Mukesh believes having a dream and working towards it is the most essential thing for any business to identify its niche space. Words may sound hollow when one speaks of a ‘dream’ but, really how can a business take shape without a concept and a dream that would show the road ahead?

There is a fundamental difference between adventure-seeker and gambler. Both set out to make memorable experiences. But, both choose different ways to do so. Know your goals and chase them to their logical end. Follow these hacks and watch your portfolio multiply. Do mention in the comments section if we have missed out on any of your favorite investors. Visit: Mobile app Development company in Delhi

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