Lessons you can Learn from Rakesh Jhunjhunwala

Rakesh jhunjhunwala was having alot of qualities which made him an ace investor like he was able to understand the sentiments of the business and he never purchased a stock just because of the name, he only purchased stocks in which he had utmost faith and belief that they will succeed.His stock market journey was full of lessons which can be a guiding light for investors. Rakesh Jhunjhuwala tips and strategies were one of the key factor that why he succeeded.

Here are some of the philosophies which we can also follow as stock market investors and traders.

1. "Prepare for losses. Losses are part and parcel of stock market investor life"

A person should always be ready for the losses, losses are part of a stock market investor or a trader.Losses are the best lessons which can teach us life biggest lessons and he say that we need to accept the losses and take lesson from it.

1. "Emotional investment is a sure way to make loss in stock markets"

Never make decisions when you are emotional, it applies in real life as well as in stock market too. If you make this mistake the chances of losses will be high because at that time you take rational decisions which may be not in your favours.

1. "Invest in companies which have strong management and competitive management"

Always invest in companies which have strong management and also a very competitive management, so that they can find solutions when they will face tough situations in the market.

Management is the main factor of the company’s success or failure, so take a closer look at the management decisions and invest according to that.

1. "Stock markets are always right. Never time the market"

No one can time the market, no one can estimate the exact market dip as well as the highest point.So dont fall for anyone’s advice, just stay consistent in your investment and focus on long term investment in which wealth can be generated.

1. "Always go against tide. Buy when others are selling and sell when others are buying"

This line state that when market is in greed mode and buying then you should feel fearful and wait for sometime and when everyone is selling than at that moment you should buy or can make a fresh entry into to stocks.

Note- If you want to learn stock market you can look for a stock market basic course.

My name is Anubhav and i write articles on multiple topics. Thanks for showing support.