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Jitendra Kumar Gupta Profile picture
Jitendra Kumar Gupta
@Jitendra1929
Seeking Wisdom from Darwin to-Munger and Graham-to-Livermore to gain true sense of life and investing. @Moneycontrol, Business Standard, Outlook Business and FE
Krishna Prasad Profile picture 1 subscribed
Jul 21, 2019 • 31 tweets • 6 min read
Interesting book "HOW TO GET LUCKY" by Max Gunther-- author of Zurich Axioms,
"There are two ways to be an almost sure loser in life. One is to take goofy risks; that is, risks that are out of proportion to the rewards being sought. And the other is to take no risks at all" Out of the 13 Techniques that the book describes,
Technique-1 is recognising the role of luck. "Ignoring the role of luck is a recipe for bad luck. When you clearly see how luck affects a given situation, then you become strongly aware that the situation is bound to change"
Aug 18, 2018 • 14 tweets • 5 min read
Chetan Parikh: India's True Warren Buffett (completely my view) Chetan Parikh 2009 interview
bit.ly/2ORhhKI

What makes you sell an investment?
A. I sell when:

My original thesis was wrong
Price is reached
A better option comes along