Advice to investor” from RAMESHDAMANI
●Understanding the power to compounding early in the life is very important.
●It is very important to have independent thinking with integrity.
●One should have their own thought process.
●Make investment decision based on your own investment decision.
●Making money is more enjoyable than actually spending it.
●One should maintain individual frugality.
●You don’t need a 180 I.Q. in the stock market, it is fine to have I.Q. of 110-120. (Warren Buffett)
●People try to be super smart, time the market, & stumble along the way. You should approach it the right way.
●The market values Integrity, Intellectual independence, &Patience.
●Too clever by half people lose more than what they bargain for, by trying to be very smart.
●The market is graveyard, with tombstones of people who failed.
●The successful people are those who buy good business & keep them.
●It is not a place to get rich quick – one in a million might do it.
●Market is a place to create long – term wealth. Legends are told of how successful one has become so soon, but that’s not true. We all grind it out for years.
By: via Telegram.me/AlliesFin #StockMarket #india
