I see lot of sarcasm in appreciating language and that is justified.
SEBI statement is 100% correct. There is only one thing i don’t do in stock market is F&O. Fortunately i lost small sums in Market during 2009-2012 in option trading however someone recommended one up on wall street by Peter Lynch in 2013 and that was turning point to move to value investing.
Leverage i mean using MTF where you can hold stock for an year. If your buy price is right than ” stock does not know weather you have bought it for cash or leverage”.
I have seen lot of drawdowns in last 7 years and at times had to book losses in leverage as well however strategy has paid well till now however basis rules have never changed until stock passes my screener its not in portfolio .
I have read Peter Lynch, Warren Buffet, Phil Fisher, Mohnish Pabrai, Morgen Housel, Nassim Taleb and Howard Marks. All writers i found Peter Lynch and Howard Marks best and i follow them religiously.
Sir Rakesh Jhunjhunwala said there is only one rule in market that there is no rule.
Rotation, leverage play, short term and long term, i follow all classes which can offer returns. Force motors is longest holding in my PF which dropped from 4000 in 2016 to 800 in 2020, its my strong conviction bet and started paying off after 7 years.
Kalyan Jeweller i entered in Dec 22 which 20% of PF and it has gone 3.5X its core portfolio stock and never touched a single stock till now and will not touch until i see market cap of 100000 cr.
Lot of writing till now, at last ” DONT FOLLOW ANYONE IN MARKETS, FIND YOUR STRATEGY WHICH IS SUCCESSFUL AND JUST FOLLOW THAT.
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