Rakesh Jhunjhunwala Case Study

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Rakesh Jhunjhunwala needs no introduction; he is famous as warren buffet of India. Rakesh Jhunjhunwala is a qualified Chartered accountant by profession. He made his first investment when BSE Sensex was at 150 in 1985 with investment amount Rs. 5000. Currently, his total wealth is more than 8000 crores. He run asset management firm named Rare Enterprises where he manages his own portfolio as a partner. Many people follow Jhunjhunwala’s portfolio religiously. His latest stock portfolio is given here.
Rakesh jhunjhunwala is indeed successful stock market investor. So question arise that what are qualities that makes Rakesh Jhunjhunwala successful & billionaire Investor and made him different from rest of the investors? Following 5 secretes
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5,000 can be assumed as good capital for investment according to that time. If someone want to start in today’s time then he or she would need at least 2-3 Lakh as initial capital in stock market.
(2) Knowledge:-
We all know that in today’s time to be successful you would need relevant experience and skills. Without having knowledge and experience one cannot get good job or establish good business. Same is true in case of investment & stock market. To be successful like Rakesh Jhunjhunwala you should have specific knowledge and skill set.
Rakesh Jhunjhunwala - “Markets are about money, but markets are also about knowledge. Markets are also about egos; markets are also about the satisfaction of having been proved right. Especially, when that right is from an original thought and not from a guided source or following somebody.”
Always remember to be successful in share market you would need to do lot of research, a lot of data gathering and a lot of knowledge accumulation before making investment in stock market. (3) Right time Right
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If an investor can control his emotions and have patience only then he might be successful. As market is volatile and it will keep moving upward and downward. At the time of down trend or market crash one should maintain his or her patience only then he can achieve success. In other words, one should have faith in his or her investment made in shares.
(5) Vision:-
If a person has dream and will to achieve those dream then surely he can do that. Surely it would take time and lot of efforts from his or her part but it’s not impossible. I always believed that if one have dream then it 1000 times worth to go for it and fight all the troubles to achieve it.
Dhirubhai Ambani “Only when you dream it you can do it.” Or “For those who dare to dream, there is a whole world to win!”
Rakesh Jhunjhunwala is visionary, started with capital of Rs. 5,000 in 1985 and now in 2016 he is worth Rs. 8,000 crores. Without dream it was not possible, he dreamt it and achieving it.
To be successful in any field one must have vision and if you are in share market then you can surely take inspiration from Rakesh Jhunjhunwala. “Success is the good fortune that comes from aspiration, desperation, perspiration and

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