Interesting Thoughts of Rakesh Jhunjhunwala

Dearest investors and friends,

Hope you are doing great.

Rakesh Jhunjhunwala is an Indian billionaire, investor, trader, and chartered accountant.

He manages his own portfolio as a partner in his asset management firm, Rare Enterprises.

Quick article on his interesting thoughts

• Have learnt two things about the press and wives. When they say something – don’t react.
• Markets are like women, always commanding, mysterious, unpredictable and volatile.
• Anticipate trend and benefit from it. Traders should go against human nature.
• Successful investors are Opportunistic and Optimistic ones.
• Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.
• Growth comes out of chaos. Chaos leads to growth opportunities.
• Maximize profits and minimize losses.
• Market is above individuals. An individual can never be smarter than the market.
• Invest in a BUSINESS not a company.
• Emotional investment is a sure way to make loss in stock markets.
• When in doubt, listen to your heart.
• Boldness has genius, power & magic in it.
• Aspire but NEVER envy.
• Never take success for granted. Do realize that success can be temporary and transient. Cyclical.
• Build a fighting spirit, learn to take the bad with the good.
• Have some cash always in hand so that you can grab the opportunity when it occurs. Such opportunities come out of nowhere.
• Blindly following stock picks by big investors is not a wise thing to do.
• Give your investments time to mature.
• Be Patient for the World to discover your gems.
• Make an investment when the stock is not popular.
• Trading always keeps you on your feet, it keeps you alert.
• See the world as it is, rather than what you would like it to be.