[00:01] understand how the company makes money first. Understand the strength of that company, understand the risk of the company is facing, and don't just invest in a business you don't understand. So, for example, for me, before I invest in
[00:13] any stock, I must follow three important rules. Now, the first rule I always that I believe in. That's the first rule. The second rule is that I only product. And the third rule is that I only invest mainly in top companies in
[00:28] this earlier. Now, following these three rules has made me become profitable in the stock market over the last 5 years. So, the principle of investing only in important to successful investing in the stock market. And also, understand the
[00:43] industry in which the company operates, and recognize the company's competitive advantage in that industry. That is, you need to understand what set the company apart from competitors and helps maintain its market position in that
[00:56] this rule is that when you understand a business, you can make better decisions when investing. And that way, you know that you are making good investment decisions, and you are not just gambling. I hope you understand.