Rakesh Jhunjhunwala’s market mantras that will be remembered

Ace equity investor and billionaire Rakesh Jhunjhunwala, who passed away early on August 14th, will be remembered for his vision for India and words of wisdom that will guide investors going forward. Business Today collated 11 of his best market mantras that you should know:

Markets are like women - always commanding, mysterious, unpredictable and volatile.

Stock markets are always right. The only rule I have is that there are no rules.

Do not forget that there is darkness before dawn when there is doom and gloom.

The stock market is above individuals. An individual can never be smarter than the market.

Never invest at unreasonable valuations. Always respect the price. There is a buyer and a seller at every price. The prettiest part of the stock is that it has to be cheap- the entry point.

Never repeat the same mistake.

What matters is how much money you made when you were right and how much money you lost when you were wrong.

Stock markets are full of risk.