These 2 rules are lifeline for stock market investors, a great man who told them, was Warren Buffet’s right hand.

Investment Tips: There are many ways to invest in the stock market, including buying stocks, investing in mutual funds, option trading and hedging. Buying and holding shares is a popular way of investing. Of course you may adopt any method, but to remain profitable you have to follow some rules. Charlie Munger, a veteran player of the stock market, has given 2 rules regarding investment, which can be followed to make money. If you do not know Charlie Manger, then let us tell you that he was the right hand of the world’s biggest investor Warren Buffett. Although Charlie Manger is no longer in this world, he will always be known as a big player in the stock market.

We are talking about such rules of Charlie Manger, which can give profits to investors in the stock market. Charlie Manger once said in 2017, “A friend of mine told me two rules of fishing, first – catch fish where there are fish. The second rule is that the first rule should not be forgotten.” If you invest then you must have understood these rules. And if your knowledge is less then don’t worry, we will tell you the psychology behind these rules.

Also read – Fundamentals are strong, business of the company is increasing, this is the auspicious time to invest money in this large cap stock.

How to apply Charlie Manger’s rules in stock market?
In the name of his friend, Charlie Manger has talked about a pulse of the stock market, if caught, the chances of loss can be reduced and the chances of profit can be increased. According to the first rule, you should invest money in only those securities or shares which have performed well in the recent past. Such shares will continue to do well. The stocks which have been performing poorly will continue to perform poorly in future also.

And, the second rule is that you should never forget the first rule. Although if he had wanted, he might not have told the other rule, but he thought it appropriate to tell it like this. Charlie Manger told the second rule because many times investors buy falling shares considering them cheap. Doing this means that you have cast a net for fishing in a place where there are no fish. Obviously your energy will go waste.

Who was Charlie Manger?
Veteran investor Charlie Manger was born on January 1, 1924 in America. He said goodbye to the world on 28 November 2023. The world will always remember what he did during his lifetime of 99 years. Along with being a businessman, he was also a big investor and philanthropist. Charlie Munger was the Vice President of Warren Buffett’s company Berkshire Hathaway. He was called Warren Buffet’s right hand in the stock market.

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