Tuesday, 29 October 2019

Ninety-nine percent of the failures comes from people who have the habit of making excuses. George W. Carve
Who is in CONTROL of your trading? -Being ‘stuck’ with a position -A position showing huge & devastating losses (cough-Alts) -A single position that is way too big This all a lack of control You know the solution already. Use & obey stops. TAKE BACK CONTROL of your trading

Thursday, 24 October 2019

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Which is the best investment? Real Estate? Gold? Shares? No. The best investment is charity Once my relative gave me Rs 500 when I was desperate, later I took his son to Singapore, educated him, got a job for him. Effectively he got back 10000X return for the charity he did.
I have always maintained, the US is a far easier market to make money in: mispricing is very common. In India, Quality has always traded at 40-80x PE ( look at Colgate today eg!), so you are paying heavily. In the US, Coke, G, etc were cheap when Buffet bought. Never so in India