|
|
 Email this Page |  Write to us
'Markets are like women -- always volatile'
February 15, 2008
"Markets are like women -- always commanding, mysterious, unpredictable and volatile," 'Big Bull' Rakesh Jhunjhunwala had told a gathering in Mumbai a few months back.
For Jhunjhunwala, trading by the hunches is the best thing to do. "If in doubt, listen to your heart," is what he tells young investors. Given below are some investment gems from him:
Be optimistic
Be opportunistic
Study the market thoroughly
Maximise profits and minimise losses
Invest in a business not a company
Have an independent opinion, always
Be happy with your gains but take losses in your stride
Be prepared for risks
Despite sharp corrections, early this year Jhunjhunwala predicted that the Indian markets will reach its peak by 2010
A huge screen and a ticker is displayed at the Bombay Stock exchange.
Photograph: Sajjad Hussain/AFP/Getty Images
Also read: 3 common mutual fund misconceptions
|
|
|
Advertisement
