Skip to main content

Rakesh Jhunjhunwala - India's warren buffet Stock market story

Market’s ‘big bull’. The pin up boy of the markets: Rakesh Jhunjhunwala.
He made a fortune by investing in the stock market. From an initial amount of Rs 5,000, as it is rumoured, he has made Rs 5,000 crore in just over two decades!


Jhunjhunwala once said humorously, "Markets are like women; always commanding, mysterious, unpredictable and volatile." And yet he lorded them. There is a lot I learnt from his investing quotes, and there's something in it for you too.

 

Tips from the Indian stock  Market guru

Rakesh Jhunjhunwala - Wikipedia, the free encyclopedia


-- Invest in a business and not a company.
Jhunjhunwala identified and invested in Pantaloons much before the market discovered it. Today, he is gaining from that investment. That's because he invested in the potential of the underlying business (of organized retail in this case) and it's first mover advantage.
-- Maximise profits and minimise losses.
Cut losses and move on with life. At the same time, hold on to winning stocks till their business has achieved its full potential.
-- Always have an independent opinion. Observe and read relevant information with an open mind.
Jhunjhunwala believes in doing his own research before investing. A good example: he was lapping up the ignored Indian Public Sector (PSU) stocks when the herd was after the IT stocks during the late nineties. He made a fortune investing in PSU stocks, while many lost their shirts during the dot com led market crash in 2

-- Be opportunistic but wait for the right moment.
Don't jump to buy all at once. The market always gives a chance to buy more at a lesser price if you wait for the right moment.
-- Be happy with your gains but learn to accept losses with a smile.
Jhunjhunwala has had his share of dud investments. A good example is Mid-day Multimedia. But that did not deter him.
-- Study the markets thoroughly. Refer to history.
There have been many a bull and bear markets but in the long-term, the market is always trending upwards
-- Do something you love.
Jhunjhunwala went on to pursue his passion for investing right after he completed his Chartered Accountacy. He also had the option to go abroad but he chose to do what he loved.
-- Patience may be tested but your conviction will be rewarded.
Many of his holdings like Praj Industries, Hindustan Oil Exploration, Pantaloon, did not move for quite some time. However, he had the conviction in their business models and their potential to become multibaggers, which they eventually did

Rakesh Jhunjhunwala on Facebook?

Submitted by TheIndiaStreet on April 28, 2008 - 8:34pm.

48 thumbs up

Rakesh Jhunjhunwala Facebook

I ran across Rakesh Jhunjhunwala’s profile on Facebook today as I was examining my network. It seems the bull himself is discussing stocks and politics and networking with the in crowd. I’ve sent him an introduction to see if he’ll accept me into his network, so I’ll keep you updated. I imagine his network is getting some good stock advice

-- Market is always right. Markets cannot be taught, they have to be learnt.
According to him there are no kings or kingdoms in the stock market. Mr Market is the only prime force.
-- Be an optimist!
I feel his genuine optimism rubs across the businesses he backs and they achieve success faster. For example: Bilcare, a clinical supplies management services, has suddenly become a hot story out of nowhere.
-- Aspire, but never envy.
Jhunjhunwala believes in sharing his investment ideology and thought process in this highly secretive industry.
-- Begin whatever you dream. Boldness has genius, power and magic in it.
No wonder he has backed many a first generation entrepreneurs like C.J. George (Geojit Financial), Mohan Bhandari ( Bilcare), Pramod Chaudhari (Praj Industries) etc.

And some more...
-- Build a fighting spirit; take the bad with the good.
-- Balance Fear and Greed
-- Invest for the long term
-- Be paranoid of success; never take it for granted. Realise success can be temporary and transient

Recently, while addressing an audience in Hyderabad, he predicted that the bull market is intact and the current phase is just a significant time-wise and price-wise correction.
Let's hope he is right this time around too and we see the resurgence of the India bull market soon.

Rakesh jhunjunwala Portfolio

Ref:http://wealth.moneycontrol.com/features/equity-investing/what-i-learnt-from-rakesh-jhunjhunwala-/10991/2

Comments

  1. This blog is novice and informative,visitors will surely be benefitted,Its our pleasure to post Informative content on this useful blog created by webmaster.


    Now as such we have seen in past few trading sessions that Market has become volatile and also there were also most of the stocks are available in discounts which means that the right time has come when one can invest in this Indian Stock Market with handsome gain in over a period of time along with that one can also opt for doing Intrading Trading now days as stock specific movement is there.

    Quieries are welcomed at:



    KnowYourProfit
    09871142419

    ReplyDelete
  2. One can get more links related to rakesh Jhunjhunwala tips at website providing free Indian share Tips and thus one will be making money with an expert.

    ReplyDelete
  3. This blog is nice and informative,good to know that the blog created by the webmaster is very helpfull to the visitors

    Now on Saturday i.e 6th Dec'08 RBI has cut Repo rate by 100 BPS to 6.5%, due to this we can see some rebound in the Indian Stock Market,as this is one of the factors which will also decide the movement of Nifty in coming days along with different other factors,our advice for intraday traders is to trade light


    Any Query

    Call us

    +91-9871142419
    +91-9212663485


    KnowYourProfit

    ReplyDelete
  4. Anonymous9:58 PM

    sir I am 25years old i am very big fan of yours,I want to join stock market because I find it very interesting.I am commerse graduate and will persue my MBA in finance.sir can u help me in identifing the market or you can tell me about the key point of understanding the market and wich are the stocks to be invested .

    ReplyDelete
  5. Anonymous11:59 AM

    Are you interested in daily activities of Rakesh Jhunjhunwala than one can get free updates at Indian Stock Market tips site

    ReplyDelete
  6. Now result season is going on and results are not that positive in broader terms. More or less results are mix for Indian companies. Still Regards Indian stock market requires one triggering point which can give clear trend in the market.

    Still Nifty is in mix zone. Nifty will be bullish only if Nifty manages to trade and sustain above 3150-3200 level below these levels bears will rule the dalaal street.
    Few Stocks to stay away from for short term
    1. DLF
    2. Satyam comp
    3. Bharti Airtel
    4. Tata steel
    5. Rcom

    Please feel free to contact us for any query.


    Regards
    SHARETIPSINFO TEAM

    ReplyDelete
  7. Hi,


    The market is currently enjoying a good rally which has seen most stocks gain from competitive advantage and it would be advisable for all stock market enthusiasts to seize this opportunity and plan their investments in a safer yet conducive stock market. With NIFTY hovering around 4800-4900 +, it is expected to take hold of this currently rally and be realistically be closest to 5000 more so than before in what should be its new 52 week high.

    Lot many untouched stocks are still there which are ready to blast any moment.



    Regards
    SHARETIPSINFO TEAM

    ReplyDelete
  8. This blog is quite nice and informative, it is a pleasure to post a comment on

    this usefull blog created by a webmaster

    Now the Indian Stock Market is trading on the sideways,Long position in the

    market can be taken by taking 4950 as Stoploss level Indian Stock Market


    An opportunity during these situations where Investing in undervalued stocks would be beneficial!!!


    Feel free to contact us


    Team
    KnowYourProfit


    +91 9871142419

    ReplyDelete
  9. Hi,

    Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.

    One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
    your money without any convincing reason for the same?

    Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.

    So grab good stocks and invest that’s the bottom line.

    We hope to see you in major profits.

    Regards
    SHARETIPSINFO TEAM

    ReplyDelete
  10. I have just checked this blog and I have found it to be very useful and informative. This blog will certainly help its visitors.Indian share market has been volatile for quite some time now. But now it has started regaining a little ground. Which has helped in rebuiding the confidence of foreign investors in the indian share market.The market is currently enjoying a good rally which has seen most stocks gain from competitive advantage and it would be advisable for all stock market enthusiasts to seize this opportunity and plan their investments in a safer yet conducive stock market.
    Free trial intraday Tips || Free Trial commodity Tips || Free Trial commodity Tips

    ReplyDelete
  11. Hey,
    Current stock market conditions are not favorable for safe investors. Market is trading highly volatile. Never ignore using stoploss while doing stock market trading.
    Day traders should keep very close eye on Nifty and its important levels so that traders can earn money rather than losing it.

    Keep posting
    Buzzingstreet

    ReplyDelete
  12. Good covered point, lots of people simply put something weired theories in front of public.
    But it doesn’t work i think because know one sure how it will going to happen
    It looks like just coping ideas which someone has already written. I found even on
    popular blogs guest bloggers bring same theories which I already know. I observed they
    just try to spice up their article without knowing what really audience want to read.


    options trading

    ReplyDelete
  13. I absolutely adore reading your blog posts, the variety of writing is smashing.This blog as usual was

    educational, I have had to bookmark your site and subscribe to your feed in ifeed. Your theme looks

    lovely.Thanks for sharing.
    Regards
    share tips

    ReplyDelete
  14. I absolutely adore reading your blog posts, the variety of writing is smashing.This blog as usual was

    educational, I have had to bookmark your site and subscribe to your feed in ifeed. Your theme looks

    lovely.Thanks for sharing.
    Regards
    share tips

    ReplyDelete
  15. I absolutely adore reading your blog posts, the variety of writing is smashing.This blog as usual was

    educational, I have had to bookmark your site and subscribe to your feed in ifeed. Your theme looks

    lovely.Thanks for sharing.
    Regards
    share tips

    ReplyDelete

Post a Comment

Popular posts from this blog

List of Australian blue chip stocks

Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource price


The biggest Blur chip stocks traded on the ASX, in terms of their market capitalisation, include:
BHP BillitonCommonwealth Bank of AustraliaTelstra CorporationRio TintoNational Australia BankAustralia and New Zealand Banking GroupRio tintoWestpac
The only stock to do worse than the S&P/ASX 200 is Harvey Norman Holdings Ltd [ASX: HVN]. Even so, it’s a better-than-the-bank 8.3% gain. The others have done much better: Qantas [ASX: QAN] up 36.1%; JB Hi-Fi [ASX: JBH] up 20.5%; Toll Holdings [ASX: TOL] up 25.3%; and Myer Holdings [ASX: MYR] up 37.1%. The benchmark S&P/ASX 200 index rose 27.1 points to trade at 4,977.3 by 2310 GMT. It fell 0.8 percent on Tuesday, its lowest close since February 7.

Best Australian stock forums online ( finance forums)

Many traders and investors use forums to share ideas, learn from the more experienced, or simply to stave off boredom during long hours at the computer. Here we list the known universe of forums, complete with costs, member numbers, extra benefits and popular forum topics. Please post a message on Your 2 Cents if your favourite forum isn't listed here, or if you feel that there's more to add about the day-to-day goings on in your online community.Forum
Cost
Stock comps
Forum areas
Comments
AussieStockForums.comFreeASX by share code, General, Beginners, Derivatives, Commodities, International, Strategies/SystemsEasy to use, independent forum. Aussie Stock Forums has a group of very active and knowledgeable traders. Private messaging available. Australian forum.
Chimes in ExileFreeASX stocks, fundamental analysis, technical analysis, commodities, economics, investment tools The forum has a small group of regular contributors that form a genuine community of investor…

The diggers and dealers forum meet 2011

The diggers and dealers forum has just begun August 1. Its a three day annual event happening every year  at the WA country town of kalgoorlie.2011 Diggers & Dealers forumBig name brokers  keenly watching the event will be MacquarieDeutsche BankBell PotterGoldman SachsRBS MorgansEvans & PartnersHartleysBlack Swan Euroz.Well most other websites will give you the  finer details of the annual meet and greet that happens at kalgoorlie , so we will just stick with the bare minimum of details  and focus on the more enjoyable bits  of information that the dealers require to strike a good deal while in town.Bare detailsWebsite : Diggers & DealersEvents : Program and scheduleWatering holes and entertainment at Diggers and dealers forumPubs , clubs  and skimpy (barmaids) culture in kalgoorlie . There are about 25 pubs in Kalgoorlie-Boulder area and for a city that stretches just 67sq km the number of pubs makes for  a good choice on drinking holesand entertainmentExchange Hotel ( Pa…