Tuesday, August 14, 2007

Rakesh Jhunjhunwala Investing Mantras..

rediff.com: Great investment tips by Rakesh Jhunjhunwala

To be successful in investing, five things are critical. There has to be:

  • an attractive, addressable, external opportunity;

  • a sustainable competitive advantage;

  • scalability and operating leverage; and

  • a qualified and integral management

  • Last but not least, it is of vital importance what one buys and at what price.