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'Enter the market when no one else does'

February 15, 2008

Jhunjhunwala takes the cue from Warren Buffett when he says: "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well."

  • Don't follow stock picks by big investors
  • Remember: the market is always right
  • You can never be taught about market, you have to learn it
  • You must balance fear and greed

    Jhunjhunwala says he is 'well invested' in key growth areas like banking, retailing and infrastructure, all of which are based on India's domestic performance.

    His private equity interests offer more detail -- education (private schools in Mumbai), hospitals and health care, a security company, pharmaceuticals, and dredging.

    Indian investors watch an electronic screen outside the Bombay Stock Exchange in Mumbai on October 19, 2007. Indian share prices fell 1.51 per cent on that day.

    Photograph: Sajjad Hussain/AFP/Getty Images

    Also read: 7 super tax saving, fixed income plans

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