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Vivek Sukhani
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Joined: 23/Jul/2006
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   Posted: 29/May/2007 at 3:27pm |
Originally posted by basant
All that talk about getting in early and then exiting when the stock has been discovered is akin to shadow boxing; the real thing is remarkably different. It is great to get back into the realms of time and unwind the clock but actually speaking few can do it with actual money.
It is very easy to make 10 baggers from positions that you can afford to lose but making a 10 bagger from a position that you cannot afford to lose is the trick that we all learn in this market. |
Sir, however one says, we do need luck in this market.......am yet to come across an investor who started at the peak of a bull market and has been very very successful.....we need careful initial steps and that is only facilitated in doldrums periods when you find value lying everywhere....affordability to lose is a very terrible term...and wont like to comment on them.....
As far as shadow boxing goes, it actually is shadow boxing.... the real game is very very tough......50 baggers in 5 years in a bull market is like sa standing on the roof of the world and looking at the sun above and trying to catch it like a ball. Attempt it to get the real fun, guys.....
Edited by basant - 29/May/2007 at 3:43pm
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Jai Guru!!!
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basant
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Posted: 29/May/2007 at 3:36pm |
Originally posted by Vivek Sukhani
Sir, however one says, we do need luck in this market.......am yet to come across an investor who started at the peak of a bull market and has been very very successful.....we need careful initial steps and that is only facilitated in doldrums periods when you find value lying everywhere....affordability to lose is a very terrible term...and wont like to comment on them.....
As far as shadow boxing goes, it actually is shadow boxing.... the real game is very very tough......50 baggers in 5 years in a bull market is like sa standing on the roof of the world and looking at the sun above and trying to catch it like a ball. Attempt it to get the real fun, guys..... |
1) Luck is something which I do not believe in and my definition of luck is when hard work meets opportunity
2) Anyone who starts at the top of the bull market is stupid not unlucky. I was stupid in 2000 but certainly not unlucky because had I been unlucky I would not have learnt some real hard lessons.
3) People do catch the ball looking at the sun without sunglasses! But the idea is to stay focused. You cannot catch 10 balls dropping from the sun but you can catch one or at most two at a time.That is what I want to elaborate.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Vivek Sukhani
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Posted: 29/May/2007 at 3:48pm |
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but in an attempt to catch that ball if both of your leg go up in the air, then you may get the ball but what will happen next is something I dont need to say...do you remember sir at St Xavier's, we had an accounts professor, infact in our times he was the head of the department,Mr. T.K.Roy.....he once said.... in life, all problems have just one catch, if you catch the catch, its alright, but of you dont catch the catch, the catch will catch you!!!!I think same goes with equities....
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kulman
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Posted: 29/May/2007 at 4:22pm |
Labour
Under
Correct
Knowledge
---OM jee's famous words
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Life can only be understood backwards—but it must be lived forwards
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Vivek Sukhani
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Posted: 29/May/2007 at 4:26pm |
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you can have correct knowledge only by luck, kulman.....
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basant
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Posted: 29/May/2007 at 4:35pm |
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Luck: This is a random and arbitrary topic and makes no sense to discuss- at least to me.I do not think that luck has any bearing on a person's destiny. Coming to your analogy of actching a ball and falling..... I have nothing to say except that we have our own ways of investing.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kulman
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Posted: 29/May/2007 at 4:37pm |
Who could argue with this Sukhani who is in deadly mood today?
Kya hua Vivek bhai, koi dividend ka cheque bounce hua kya? I know you would take these comments lightly!! 
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Life can only be understood backwards—but it must be lived forwards
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Vivek Sukhani
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Joined: 23/Jul/2006
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Posted: 29/May/2007 at 4:42pm |
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aaj kal cheque aata kahan hai... seeedha account mein chala jata hai....am i sounding very angry or what???? nothing like that, but thanks to my being indisposed, am sitting on the screen....
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