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

Investment Tips: There are many ways to invest in the stock market, including buying stocks, investing in mutual funds, options trading and hedging. Buying and holding shares is a popular way of investing. Of course you can take any approach, but to be profitable you have to follow certain rules. Experienced stock market player Charlie Munger has given 2 investment principles that can be followed to make money. If you don’t know Charlie Manger, let us tell you that he was the right-hand man of the world’s greatest investor, Warren Buffett. Although Charlie Manger is no longer in this world, he will always be known as a major player in the stock market.

Charlie Manger. (file photo)

We are talking about Charlie Manger’s Laws, which can give profits to stock market investors. Charlie Manger once said in 2017, “A friend of mine told me two rules of fishing. First – fish where the fish are. The second rule is to never forget the first rule. If you were to invest If you have, you must have understood these principles. And if your knowledge is less, don’t worry, we will tell you the psychology behind these principles.

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How to Apply Charlie Manger’s Laws in the Stock Market?
In the name of his friend Charlie Manger, the pulse of the stock market, if caught, can reduce the probability of loss and increase the probability of profit. According to the first rule, you should only invest in securities or shares that have performed well in the recent past. Such shares will continue to do well. Stocks that are performing poorly will continue to perform poorly in the future.

And, the second rule is that you should never forget the first rule. Although if he wanted, he might not have told the other rule, but he thought it appropriate to tell it like this. Charlie Manger explains the second rule because many times investors buy stocks when they are falling. Doing so means you have cast a net to catch fish in a place where there are no fish. Obviously your energy will be wasted.

Who was Charlie Manger?
Veteran investor Charlie Manger was born on January 1, 1924 in the United States. He bid farewell to the world on November 28, 2023. The world will always remember what he did in his 99 years of life. Besides being a businessman, he was also a major 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.

Tags: investment tips, Money making tips, Stock market, Stock market, Warren Buffett