GOLDEN RULES FOR INVESTING IN SHARE MARKETS

The First Major Axiom: ON RISK

Worry is not a sickness but a sign of health.If you are not worried, you are not risking enough.


The Second Major Axiom: ON GREED

Always take your profit too soon

The Third Major Axiom: ON HOPE

When the ship starts to sink, don't pray. Jump.

The Fourth Major Axiom: ON FORECASTS

Human behaviour cannot be predicted. Distrust anyone who claims to know the future, however dimly.

The Fifth Major Axiom: ON PATTERNS

Chaos is not dangerous until it begins to look orderly.

The Sixth Major Axiom: ON MOBILITY

Avoid putting down roots. They impede motion.

The Seventh Major Axiom: ON INTUITION

A hunch can be trusted if it can be explained.

The Eighth Major Axiom: ON RELIGION AND THE OCCULT

It is unlikely that God's plan for the universe includes making you rich.

The Ninth Major Axiom: ON OPTIMISM AND PESSIMISM

Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic.

The Tenth Major Axiom: ON CONSENSUS

Disregard the majority opinion. It is probably wrong

The Eleventh Major Axiom: ON STUBBORNNESS

If it doesn't pay off the first time, forget it.

The Twelfth Major Axiom: ON PLANNING

Long-range plans engender the dangerous belief that the future is under control. It is important never to take your own long-range plans, or other people's, seriously.


HOPE IT BENEFITS ALL...MAYANK