“You are better off staying on the sidelines in cash until a new bull market really starts,” – William J. O’Neil
Investors spend a disproportionate amount of time buying a stock, as compared to selling it. A good game plan for investing is akin to the war strategy used in the ‘Mahabharat,’ known as ‘Chakravyuh.’ The young Abhimanyu knew how to penetrate into the labyrinth formation, but ultimately met his death in the ‘Chakravyuh,’ because he did not have the knowledge of its exit strategy.
It is often said, “Only when the tide goes out, do you discover who’s been swimming naked.”
