The Big Bull of the stock market Rakesh Jhunjhunwala is celebrating his 62nd birthday today (July 5, 2022). Jhunjhunwala is called the Warren Buffet of India. He made his debut in the stock market with only 5 thousand rupees, according to Forbes, Rakesh Jhunjhunwala’s net worth is $ 4.6 billion (Rs 39,527 crore).
It is worth noting that Rakesh Jhunjhunwala started his trading career at a time when the Sensex was only 150 points. According to the data available on NSE, Rakesh Jhunjhunwala’s portfolio includes shares of 33 companies, whose current value is Rs 25,842 crore. According to Trendlyne, his portfolio includes Titan, Tata Motors, Star Health and Allied Insurance Company, Metro Brands, Nazara Technology, Federal Bank, DB Reality. Many more shares are involved with Tata Communications. Let us tell you, in a recent interview, Rakesh Jhunjhunwala had told 5 investment mantras to the investors, by following which any person can become a successful investor.
Bhava is God: Rakesh Jhunjhunwala believes that whoever is an investor in the market, he should always respect the share price. There is a buyer and a seller in the stock market at all times and it always tells the future which of the two is right. Along with this, he further said that if you are making a mistake anywhere in the market, due to which you are suffering, then learn from it and move forward.
Be an optimist: If you want to be called an investor, you have to be optimistic and opportunistic. No one can become an investor without being an optimist.
Do not make emotional investments: Rakesh Jhunjhunwala says that no investor should get emotionally attached to running away from their investments. If someone does this then he will definitely make a loss in the stock market.
Never invest by borrowing: Rakesh Jhunjhunwala while advising new investors said that one should never invest by borrowing. With this, he gave the investment mantra and said that any investor should be aware of the risk of his investment and should invest only as much risk as he can afford. Rakesh Jhunjhunwala believes that no investor just buys shares, he buys the company. They themselves adopt this strategy for investment.
You are not always right: It is quite common that a successful investor always chooses the right stocks and his investment strategy is always successful, but the reality is quite different from this. If you see the track record of Jhunjhunwala, he has bought many such shares in which he has lost, but the most important thing about his investment is that whenever he makes profit on any stock, he earns a lot, in front of which his loss is very small. remains.