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6 Investment Rules by World's Top Investors
By siliconindia
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Friday, 21 October 2011, 01:28 IST
"We're getting hurt, but I'm a long-term investor" - Prince Alwaleed Bin Talal
An investor from Saudi Arabia, he founded the Kingdom Holding Company. When others may have sold, Prince Alwaleed Bin Talal has done what many of the best investors have done to amass their riches: Hold the stock for a long period of time, taking large market events out of the picture and collecting a dividend while they wait.
His suggestion for investors is , It's OK to trade stocks on a short or medium term basis, but the bulk of your portfolio should be invested in longer term holdings.
