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Money is made by looking through the windshield, not the rearview mirror.
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The long-term trend of markets is always up. Ultimately stocks move up and make money for those who stayed put.
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You cannot pay any price for any stock, no matter how good. No matter how great the company is.
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Once you get hold of a good stock, you cannot cash out with a Rs 10 profit or a Rs 20 profit. Learn to ride your winners.
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As long as there is diversification among high-quality companies, the risk of permanent capital impairment is minimal.