I HAD BOUGHT GUJALAKLI IN 2007 AT 125 LEVEL. I DID NOT BOOK PROFIT WHEN IT RALLIED TO 270 IN 2008. SUBSEQUENTLY THE MKT CRASHED AND GUJALKALI FELL TO 60 LEVELS WHERE I ADDED MORE INSTEAD OF PANICKING. YESTERDAY THE STOCK HIT 424. STOCK CAN SEE 600 IN 2017. COMPANY IS NOW ROBUST AND CAN GO PLACES.
. THE LESSON IS
DO NOT WORRY WHAT JHUNJHUNWALA AND RAMDEV ARE BUYING.
YOU STUDY THE STOCK UNDER QUESTION INTENSELY AND BUY FOR LONG TERM. STUDYING A STOCK FINANCIALS IS A SKILLFUL JOB WHICH SHOULD BE DEVELOPED
IGNORE MARKET NOISE. MANY ON TV HAD ADVISED TO SELL GUJALAKLI IN THE PERIOD 2008-2010. MOST OF THE ADVISORS ON TV ARE SUPERFICIAL AND THEY MAY BE HANDY FOR SHORT TERM TRADERS ONLY
NOW I AM REPENTING FOR NOT BUYING MORE NUMBER OF SHARES IN GUJALKALI IN 2008. THIS FEELING HAD COME AGAIN AND AGAIN WHENEVER A STOCK IN MY HOLDING HAD PERFORMED. MOST OF MY STOCKS HAD PERFORMED IN TIME HORIZON 5 TO 10 YRS AND THAT FEELING,----- DIL MANGE MORE ------ OCCURED AGAIN AND AGAIN
BUYING IN 2007 AND HOLDING FOR 9 TO 10 YRS IS DONE ONLY BY LAZY PEOPLE. SO ONLY LAZY PEOPLE MAKE MONEY I BELIEVE.
No comments:
Post a Comment