Useful tips for investors from Indian Warren Buffett Mr. Parag Parikh
Parag Parikh is a person who is the real Warren Buffett of India. (Rakesh Junjhunwala is not. Yes, he himself said he is a trader. Warren Buffett does not trade. Not just that Rakesh Junjhunwala is said to be Warren Buffett of India mainly because he has amassed largest wealth by investing in stocks in India than any other individual. In our view, apart from that, he does not qualify to be said to be Warren Buffett of India. Because the Warren Buffet legacy is not only figures but principles that he follows. In our opinion Parag Parikh, whenever he talks, reflects the principles, style and attitude of a real Warren Buffett approach follower. In other words, if you disagree with Mr.Parikh, you are likely disagree with Mr.Buffett.

We request all to repeatedly watch/hear Mr.Parag Parikh and search his videos on youtube.com and hear him and digest him. Below are some of his
- If you have one set of losers and one set of winner stocks, and you need money then rather than selling the winners you may choose to sell half half of both. In this way you are managing your finances as well as avoiding behavioural anomalies.
- One should not have more than 20 stocks in a portfolios because it reduces return and it is difficult/impossible to track these many 20-50 stocks.
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