Comment on Lessons from trading on Yes Bank

kishore vnvv commented on 23 Aug 2019, 03:49 PM

An eye opener article Kamath ji,
I lost 8.00 L in Tata Motors i.e., almost 50% of my capital. One way it is a huge burden on my capital size. Even though I knew about averaging, I put 50% of my capital in this single egg and brought the buying price down and unrealized loss to around 1.00 L. But I did not act promptly and failed to book my loss, with only one single hope that the company was of Tata group and would bounce back. That is the attachment I have for Tatas. The result is I learnt a costly lesson. It is all in the game. One should refine oneself against the odds. That’s it.
I thank you once again for posting this enlightening article.

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