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Matthew 7:7,8 Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you: For every one that asketh receiveth; and he that seeketh findeth; and to him that knocketh it shall be opened.

27 Oct 2015


Hi Friends,   Rakesh Jhunjhunwala is known as stock guru  and warren buffet of India.  By profession Rakesh Jhunjhunwala is a qualified Chartered Accountant.  He started his investment in stock market when BSE Sensex was at 150 in 1985.  He started his investment with 5000 rupees and now his portfolio worth Rs.5119 Cr.  He manages his own portfolio as a partner in his asset management firm,  Rare Enterprises.  Jhunjhunwala’s portfolio of stocks is tracked religiously by many followers.
    Capital:  To make money you need money, this may not be true in many cases but in case of stock you need a lot of capital to become zero to hero or to become successful billionaire Investor.  But another big thing is capital can be made also.  This is what Rakesh Jhunjhunwala has done.  How he has gone with a starting capital of Rs.5000 to a net worth of a few thousand crore rupees is now the stuff of urban legend.  Rakesh Jhunjhunwala said in one of his interview  “I had no capital when I came to the markets, and no further gifts and no father-in-law gifts.  So I had to earn the capital to invest.  How do you invest if you don’t have the capital?”  And  I got the capital by doing future trading.  In 1985 when Rakesh Jhunjhunwala has started 5,000 rupees was said to be good capital  for investment today you at least required 2-3 lakh as initial capital to start investment in stock market.
 Knowledge:  In Today’s world for every business or  job you need relevant experience and skills.  Without knowledge and experience one cannot get good job or cannot establish good business.  Same is true in case of investment & stock market.    Rakesh Jhunjhunwala said  “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.” You need to do lot of research, a lot of data gathering and a lot of knowledge accumulation before making investment in stock market.
 Right Time Right Decision:  For every investment you  make time of investment matters, especially in stock market, you have to be selective and have to pick right stock at right time.  Rakesh Jhunjhunwala is master of that, he pick correct stock at correct time.  So right from beginning he has quality to select right stock and to click correct deal at correct time.  This is important quality to become successful in stock market.
    Patience:  Controlling emotion and keeping patience is extremely important in stock market.  Stock market moves upward as wel as downwards.  During downtrend or during market crash one should maintain patience.  In other word one should have faith in investment made in stocks.  Jhunjhunwala’s stocks fell by up to 30%
in December 2011.  But he has quality to keep patience and that patience pays its fruit.  He recovered his losses in February, 2012.  This year his portfolio has given around 35% returns.
Vision:  In word of Industrialist 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.” According Rakesh Jhunjhunwala he is a visionary person.  He started with capital of Rs.5000/- in 1985 and now    he is sitting on portfolio worth more than Rs. 5200 cr.  He sees Dreams and has capability to turn dream in to reality.  To be successful in stock market like Rakesh Jhunjhunwala one must have vision.
 There could be many other factors responsible for success for Rakesh Jhunjhunwala but preliminary the above 5 things which makes him successful in stock market.  Success is the good fortune that comes from aspiration, desperation, perspiration and inspiration.

Good Luck.                                                     See You Later.

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