Please Don't Invest

1. Don't invest in IPOs -Initial Play Over
2. Don't invest in concept stocks
3. Don't invest unless you trust the management
4. Dont invest unless you understand the business
5. Don't invest unless it's an idiot-proof business
6. Don't invest unless you know it has a favorable prospects
7. Don't invest unless you have a big margin of safety
8. Don't invest unless you are buying at a net-net price
9. Don't invest unless it can produce free cash flows
10. Don't invest unless it has a high profit margin
11. Don't invest unless it pays dividends
12. Don't invest unless it has a global brand
13. Don't invest unless you can see it everday
14. Don't invest unless the owners themselves have huge stakes
15. Don't invest unless the business is free to raise prices
16. Don't invest unless the goverment has a stake
17. Don't invest unless it has a good return on equity
18. Don't invest unless it has no/little debt
19. Don't invest unless it has a wonderful track record
20. Don't invest unless you can catch the handle of a falling knife
21. Don't invest unless you have patience
22. Don't invest unless you have cash
23. Don't invest unless you have courage
24. Don't invest unless you are lucky
25. Don't invest unless you know how to read the accounts intelligently
26. Don't invest unless you know the risks
27. Don't invest unless you know how to read the charts accurately
28. Don't invest unless you know how to cut loss
29. Don't invest unless you have a crystal ball
30. Don't invest unless you have a cash cow
31. Don't invest unless you can live for as long as Warren Buffett