“The difference between really successful people and successful people is that really successful people say NO to almost everything"
- Warren Buffett
Learn to say NO to enticing ideas in a bull market...be focused...
(3)
"The stock market is filled with individuals who know the price of everything, but the value of nothing."
- Phillip Fisher
Respect Risk and Margin of Safety...
(4)
“If you are even slightly above average investor who spends less than you earn, over a lifetime you can’t help but get very rich"
- Warren Buffett
Maintain saving and investing discipline at all times...
(5)
“It is impossible to produce superior performance unless you do something different from majority"
- Sir John Templeton
I follow blending of technical and fundamentals (TechnoFunda Strategy) to do this...
What are you doing?
(6)
“The great paradox of this remarkable age is that the more complex the world around us becomes, the more simplicity we must seek in order to realize our financial goals, Simplicity indeed is the master key to financial success"
- Jack bogle
Keep your process simple...
(7)
“Sometimes to own a great company you have to pay a fair price”
Know the balance between good and great company...don't overpay...manage risks
(8)
“Any year that you don’t destroy one of your best loved idea is probably a wasted year"
- Charlie Munger
Keep monitoring your portfolio and challenge yourself with anti-thesis....don't get swayed by euphoria around..
(9)
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be intelligent"
- Charlie Munger
Don't take leverage...don't over-allocate...don't do anything stupid that can ruin you..
(10)
"The four most dangerous words in investing are, it’s different this time."
- Sir John Templeton
Don't get carried away by narratives...stay calm...be objective at all times.....follow risk management and exit system...
To Learn More about my process, grab this mini course on "TechnoFunda Investing Formula" for FREE...
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