Thread by @Arthavruksha12

"I like people admitting they were stupid , I know I will perform better if I rub my nose in mistakes "

- Charlie Munger

Hence Sharing my Investment Mistakes with you In this Thread 🧵

These 2 mistakes that I am talking are at the time when I had just entered the stock market and didn't know anything about fundamental & business analysis

1. Tata Motors -

So in Jan 2021 everyone was pretty bullish on Tata Motors

One of the reason was that Rakesh Jhunjhunwala had invested in this Business

And at that time I didn't know anything what is fundamentals of any company

Hence in herd mentality I invested in Tata Motors solely on basis that they are entering Electric Vehicle

And then after 3-4 months being in stock market , I learned little bit about fundamentals analysis & I looked at fundamentals of Tata Motors

& Realised that they weren't in a good state

Mistake - Didn't get fundamentals of company before investing into it

Lesson Learned- Never Invest in any company without looking at its fundamentals

2. JK Paper

I had bought tata Motors & jk paper at almost Same time

But after 3-5 months this stock rallied a lot , and within next 3-5 months I had got returns of around 40%

And I though that "abhi itna baad juka hai aur kitna badega " and sold it out

But soon after that it went up more & more , if I had held it I would have gotten my first 1X bagger

Mistake - Never think that - "Aur kitna badega"

Lesson Learnt - Always think in terms of Revenue growth & profit growth l If both are increasing stock prices will follow

End of the Thread 🧵

Thanks for reading this thread till end 🙏 🙏