The Autobiography Of A Stock Quotes

“Mutual Funds do not allow for your intellectual growth, Stocks do. And in life, wealth always catches up with your intellect”
― Manoj Arora, The Autobiography Of A Stock

“Never invest in stocks with borrowed money or a faint heart. Both are fatal”
― Manoj Arora, The Autobiography Of A Stock

“A 10% loss in any investment can be recovered, not by 10%, but only by 11% gain.
A 50% loss in any investment can be recovered only by 100% gain.
And a 90% loss in any investment can be recovered only by a whopping 1,000% gain.

Yes, all the above statements are true.
Numbers can confuse the best of financial wizards.
It needs a rare trait of common sense to unravel the mysteries of finance.

For your investments:
- Keep them Simple.
- Avoid Jargons.
- Exhibit Discipline.
- Be Consistent.
- Apply Common Sense”
― Manoj Arora, The Autobiography Of A Stock

“Life has immense analogy with stock market.
It is volatile, but if you stick on long enough, it has the potential to reward you with handsome returns in the long run.”
― Manoj Arora, The Autobiography Of A Stock

“Not money, Not skills, but Time is the biggest lever for massive wealth creation”
― Manoj Arora, The Autobiography Of A Stock

“Volatility is good.
Stock Market volatility is what helps it give you stellar returns.”
― Manoj Arora, The Autobiography Of A Stock

“The market rewards, not the best stock, but the best behavior.”
― Manoj Arora, The Autobiography Of A Stock

“Intrinsic Value Calculations for Stocks are only for a selected few. It is boring, mundane hard work.
For everyone else who wants to make money, there is the 'Greater Fool Theory', and it also works remarkably well in the real world.
You may not believe it, but there always exists a bigger or greater fool willing to pay a higher price.”
― Manoj Arora, The Autobiography Of A Stock

“Numbers and ratios are only as good as the management reporting them.
Assessing a stock's management quality is vital.”
― Manoj Arora, The Autobiography Of A Stock

“A 'No-Buy' decision is as good as a 'Buy' decision, if not more.”
― Manoj Arora, The Autobiography Of A Stock

“What is going to make you really wealthy is your personal traits – your ability to have ‘faith’ in your calculations, your ‘self-confidence’ to stay invested and invest more when everyone is selling, your ‘guts’ to sell when the market is peaking everyday and everyone in the media is talking about buying more, your conviction to overcome greed and to exit a stock when your targets are met, your astronomical patience to wait for the right opportunity to buy, and many more such human traits, none of which are easy to implement.”
― Manoj Arora, The Autobiography of a Stock, Second Edition

“Unlike popular belief, the biggest challenge with investing is not where to invest.
It is about starting to invest, and then continuing to invest through thick and thin, until your target is reached.”
― Manoj Arora, The Autobiography Of A Stock

“A smart investor is excited about the returns one gets from a bull market, and super excited about low cost investment one makes in a bear market.
Its a win-win both ways !
Volatility is an investor's best friend !”
― Manoj Arora, The Autobiography Of A Stock