Content
Introduction: How Foolish Investors Make Others Rich
with Their Hard-Earned Money
1. Most
Investors are Idiots
Stop Being an Idiot and Make
the Right
Investment Decisions
Check the Intentions of the
Company Promoter /
Management
Invest in Money Managers Who
Work for
You, Not for Themselves
Know What You are Buying
The TINA Fallacy: There are
Always
Alternatives
2. Start
Thinking for Yourself and Make Your
Money Work for You
Thinking about Your Investments
I Think, therefore I Invest
3.
Timing is Extremely Important
Timing Your Investments
4.
Equity is Not a One-Way Street
Asset Allocation is the
Easiest Advice to Peddle
Markets Will Bounce Back
What are the Alternatives?
5.
Don't Listen to Market Pundits
The Worst Peddlers of Free Advice
How to Use Free Advice to Your Advantage
6.
Don't Ignore What You See Right in Front of
Your Eyes
The "Last Rupee"
The Markets Don't Wait for You to Act
What is "the Obvious"?
Markets are Like Fair-Weather Friends
Did You See It but Still Ignored It?
7.
When One Year Becomes Three Years
Three Can Also Become One
Forget the Past and Focus on the Present
Stars Yesterday, Duds Today
8.
Never Follow Other Investors — They May
Have a Different Perspective
Categories of Investors / Fund Managers
Large Investors Can Also Be
Scamsters — Another
Reason Not to Follow Them
9.
Simplify Your Investments
What is a Simple Portfolio?
Derivatives
10.
Beware the Flavour-of-the-Day Investments
Invest Early into the Next
Flavour-of-the-Day
Good Times Bring Out the
Worst
Look at Past Returns Only if
They Are Bad
11.
Types of Investors
How to Become a Smart
Investor
How to Make the Right
Investments
Horses for Courses
Direct Investing or Indirect
Investing?
Taking the
Conclusion: How to Make Money Only for Yourself
Know Your Limitations