His advice to investors who want to make a debut in the stock market is to focus on zyada, because only that can lead to wealth creation.
To understand equity investing, you first have to lose money.
a bank FD never falls 80 per cent in a bear market. But a stock has all the right to do so,
"When we invest in markets, we suddenly become patriots. We say India needs coal, so let's invest in Coal India. Or we have load-shedding in our city, so let's buy power stocks. That's the government's job, not yours,"
"Don't buy the poorer cousins in a sector. If you bought Infosys in the nineties you are wealthy. But if you bought Silverline or DSQ Software, you lost everything."
If you buy property and its value goes up, you don't sell the kitchen and say the bedroom is now free! Why are we so insecure about making money in stocks?"
Full wisdom
"If you don't have a good idea about investing, just go to a mutual fund.
Thread on My personal Experience and Learning from stock Market
8 Initial Stage mistakes which you must avoid stickstickyly
1. Buying Penny Share
Never buy penny share, usually newbie investor always tend to buy penny share in hope of it will go higher & we will earn enormous profit from that Rs. 10 to 50/100 & it's can be multi-bagger but it will never happen
always check the full chart of stock,
in most of the cases, u will find long long high 2 or 3 years or more than 5 years ago, there is very less chance of gain from penny stock, & in a penny stock, there is most of the circuit so if u once trapped by the operator then u can't get out of this except blown up account