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 compiled 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.

Jhunjhunwala to BQ Prime’s Niraj Shah during a session at the Shri Ram Economics Summit 2021.

#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.

Jhunjhunwala to BQ Prime’s Niraj Shah during a session at the Shri Ram Economics Summit 2021.

#3 No Particular Style Of Investment

I have nothing formalised. My risk management is what I have learnt and I do it personally.

Jhunjhunwala to BQ Prime’s Niraj Shah at CMT Association’s 2020 India Virtual Summit.

#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.

Jhunjhunwala to BQ Prime’s Niraj Shah at CMT Association’s 2020 India Virtual Summit.

#5 Startup Investing Speculative

I don’t want to invest in startups as investments require large organisation and it’s highly speculative.

Jhunjhunwala to BQ Prime’s Niraj Shah during a session at the Shri Ram Economics Summit 2021.





Image and article originally from www.bqprime.com. Read the original article here.