Nine words of Wisdom

sharing from our friend momin.......... Nine words of Wisdom told by gurus of Investments 1.The investments made in bad times result in generating great results in future and Vice versa. Prashant Jain- HDFC Mutual Fund 2.I will tell you how to become rich. Close the doors. Be fearful when others are greedy and be greedy when others are fearful - Warren Buffet 3.In Investing what is comfortable is rarely profitable -Robert Arnott 4.If you have more than 120 or 130 I. Q. Points, you can afford to give the rest away. You don`t need extraordinary intelligence to succeed as an investor - Warren Buffet 5.More money has been lost trying to anticipate and protect from corrections than actually in them-Peter Lynch 6.In the short run, the market is a voting machine, but in the long run it is a weighing machine. - Benjamin Graham 7. Risk comes from not knowing what you are doing - Warren Buffet 8.Unless you can watch your stock holding decline by 50% without becoming panic - stricken you should not be in the Stock Market-Warren Buffet 9.The best investors in the world have more of an edge in psychology than in Finance -Anonymous. Can `t end without this 10. Compound interest is the eighth wonder of the World. He/She who understands it earns it.... he/she who does not.... pays it - Albert Einstein