Billionaire Harsh Goenka shares stock market advise for retail traders: “Yaad Rakho: Investing Ka Asli Hero Woh Hai Jo…

Billionaire Harsh Goenka, Chairman of RPG Enterprises, has shared a witty yet insightful lesson on navigating the volatile stock market, offering valuable advice to retail investors. In a recent post on X, Goenka humorously compared the market’s unpredictable swings to Bollywood stars, stating, “Markets aajkal full drama mein hain—ek din Salman Khan, agle din Uday Chopra” (Markets are stuffed with drama as of late—someday Salman Khan, the following day Uday Chopra).

Read Harsh Goenka’s full publish right here

Goenka emphasised the significance of strategic investing throughout market downturns, likening high quality shares to gadgets on a “clearance sale”. He suggested traders to stay calm and keep away from panic promoting, humorously including, “Investing ka asli hero woh hai jo panic mein popcorn nahi, portfolio kharidta hai” (The actual investor doesn’t panic; they purchase portfolios, not popcorn, throughout downturns).

“Markets aajkal full drama mein hain — ek din Salman Khan, agle din Uday Chopra. Sensex ko gazab ke mood swings ho rahe hain. Jab prices girti hain, quality stocks clearance sale mein milti hai- lekin log panic mein underwear bhi bech dete hain! Jab market rally karta hai, toh portfolio bhi disco karne lagta hai. Bas yaad rakho: Investing ka asli hero woh hai jo panic mein popcorn nahi portfolio kharidta hai. Long term socho, short term mat royo!”, posted Goenka on X.

Long-term focus

The billionaire’s message underscores the necessity for a long-term perspective, encouraging traders to view short-term dips as alternatives slightly than setbacks. His relatable analogies struck a chord with netizens, who praised his means to simplify complicated market behaviour with humour and knowledge. “Nice use of words to describe what people do and the advice to listen to”, commented a person.