@AlliesFin
Ramesh Damani's Advice to
New Investors
1) Understanding the power to compounding early in the life is very important.
2) It is very important to have independent thinking with integrity.
3) One should have their own thought process.
4) Make investment decision based on your own investment decision.
5) Making money is more enjoyable than actually spending it.
6) One should maintain individual frugality.
7) You don’t need a 180 I.Q. in the stock market, it is fine to have I.Q. of 110-120. (Warren Buffett)
8) People try to be super smart, time the market & stumble along the way. You should approach it the right way.
9) The market values Integrity, Intellectual independence & Patience.
10) Too clever by half people lose more than what they bargain for, by trying to be very smart.
11) The market is graveyard, with tombstones of people who failed.
12) The successful people are those who buy good business & keep them.
13) It is not a place to get rich quick – one in a million might do it.
14) 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.
Source: Masterclass with Super-Investors via T.me/AlliesFin
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
