5 investment mantras from Rakesh Jhunjhunwala

Credit: Wikipedia

Avoid Timing the Market

The stock market always prevails. Don't attempt to time the market. The only rule I abide by is that there are no rules, he said.

Respect Valuations

Avoid investing at inflated valuations. Steer clear of companies in the spotlight.

Avoid Borrowing for Investment

Markets can defy logic longer than one's financial stability can endure.

Embrace Mistakes

It's crucial to make mistakes. However, ensure they're affordable so you can learn from them. But avoid repeating the same error.

Value Price

Always consider the price. At any given price, there exists both a buyer and a seller. The future ultimately determines the correctness of each party's decision.