“I merely bought strong stocks in developing industries in a rising market and protected myself at every stage against a possible downturn.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
“Except in exceptional circumstances I only buy the stock of companies in new and developing industries, i.e., companies whose growth and earnings prospects look highly promising.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
“I never buy stocks in established industries, in companies with huge capitalizations, or in companies which are already so big that the prospect of any further substantial growth is highly unlikely.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
“If some new craze is born I will not hesitate to jump on the bandwagon if an opportunity presents itself, no matter how absurd or bizarre the craze may seem.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
“I first check the overall marker trend to ascertain whether stocks in general are in an uptrend. I then check whether the stock belongs to a strong industry group, i.e., a group that is performing well in the market relative to other groups.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
“I keep out in a bear market and leave such exceptional stocks to those who don’t mind risking their money against the market trend.
Having decided that the investment climate is right and that the industry is right I am ready to buy the particular stock if it is rising in price on high volume.”
–Darvis Nicolas, in his book ‘You Can Still Make It In The Market’.
