Rakesh Jhunjhunwala's Top Five Investing Tips
Billionaire investor Rakesh Jhunjhunwala's tips and outlook were followed widely by all market participants. Here are some of his top investing tips and quotes coiled from interviews with BQ Prime over the years.
*_#1 Wouldn't Recommend Trading To Anyone Else_*
```Trading requires the basic defeat of the human ego, which very few people have. It needs recognition that markets go to extremes on both sides. There is nothing logical or reasonable here.```
*_#2 Bull Or Bear? None._*
```I don't think it's good to be a bear or a bull all the time. You have to be a chameleon. We've got to change as the colours change.```
*_#3 No Particular Style Of Investment_*
```I have nothing formalised. My risk management is what I have learnt and I do it personally.```
*_#4 Respect The Markets_*
```If you consider the market irrational, you will consider yourself supreme and superior and you'll never learn from your mistakes.```
*_#5 Startup Investing Speculative_*
```I don't want to invest in startups as investments require large organisation and it's highly speculative.```
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