The Golden Rules of Investing
Now that we have a brief idea about value investing. Let us discuss the Golden rules of value investing.
“An important key to investing is to remember that stocks are not lottery tickets” - Peter Lynch
The stock market is a device of transferring money from the impatient to the patient. We have witnessed a lot of rags to riches stories in the stock market, but every story of a successful investor has one common factor – Research. Today, we will understand the success mantra of one such successful investor (Mr Raamdeo Agrawal of Motilal Oswal Group) who is an Indian businessman, stock market investor and joint managing director of a financial firm having a market capitalisation of more than ₹8800 crore.
There are four major pillars of any successful investment.
We will discuss each of them in subsequent units.