21 Famous Inspirational and Motivational Quotes -"Rakesh Jhunjhunwala"

Rakesh Jhunjhunwala On July 5, 1960, in Mumbai, Maharashtra, India, he was born into a middle-class family. He grew up in Mumbai. His father worked as an Indian tax officer. In 1985, he graduated from Sydenham College with a chartered accountant degree. Jhunjhunwala's entrepreneurial quest to become the "Big Bull" is an interesting one. Let us celebrate the inspiring success story of India's own Warren Buffett, Rakesh Jhunjhunwala.

Mr. Rakesh Jhunjhunwala made a 5,000 rupee stock market investment in 1985. Currently, the Sensex was at 150 points. Nonetheless, Rakesh Jhunjhunwala was able to obtain Rs 2.5 lakhs from one of his brother's clients by promising larger returns than fixed deposits. Rakesh Jhunjhunwala earned Rs 0.5 million in 1986, which was his first significant profit. Three months after buying 5,000 shares of Tata Tea for Rs. 43, the stock was trading at Rs. 143.

By selling Tata Tea equities, he made more than three times the original investment. In the next years. Rakesh Jhunjhunwala profited greatly from stocks. He made between 20 and 25 lakhs rupees from 1986 to 1989. Sesa Goa was his next significant investment, which he purchased for Rs 28 and later upped his stake to Rs 35. The share price swiftly increased to Rs 65.

'RARE Enterprises,' a privately held stock trading company, is run by Rakesh Jhunjhunwala as CEO. The initials of his wife, Mrs. Rekha Jhunjhunwala, and his own first two letters are combined to form the name. Rakesh Jhunjhunwala invested in a number of multi-bagger stocks over his long career in the stock market.

 Rakesh Jhunjhunwala purchased 'Titan Company Limited' in 2002-03 at an average price of Rs 3 and it is now selling at a price of Rs 2160. He owns more than 4.2 crore shares of Titan. As of June 2021, he held 4.8 percent of the company's stock. In 2006, he made an investment in LUPIN at an average cost of Rs 150. LUPIN is now selling at Rs 951. CRISIL, PRAJ IND, Aurobindo Pharma, NCC, and other multi-baggers in Rakesh Jhunjhunwala's portfolio.

1] The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.:-Rakesh Jhunjhunwala

2] I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.:-Rakesh Jhunjhunwala

3] I made many mistakes, but my triumphs have received far greater publicity than my failures.:-Rakesh Jhunjhunwala

4] I am an optimist by nature, and I reserve the right to be wrong.:-Rakesh Jhunjhunwala

5] Impossible is the word for fools in my dictionary.:-Rakesh Jhunjhunwala

6] What is too popular may not be profitable. Don’t invest in B2C companies; instead, invest in B2B companies.:-Rakesh Jhunjhunwala

7] Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.:-Rakesh Jhunjhunwala8

8] Hastily taken decisions always result in heavy losses. Take your time before putting money in any stock.:-Rakesh Jhunjhunwala

9] Never invest at unreasonable valuations. Never run for companies that are in the limelight. :-Rakesh Jhunjhunwala

10] See the world as it is, rather than what you would like it to be. :-Rakesh Jhunjhunwala

11] The prettiest part of the stock is that it has to be cheap – the entry point.:-Rakesh Jhunjhunwala

12] Stock markets are always right. Never time the market.:-Rakesh Jhunjhunwala

13] You do not succeed without obsession.:-Rakesh Jhunjhunwala

14] Growth comes from chaos, not order.:-Rakesh Jhunjhunwala

15] Build a fighting spirit — take the bad with the good.:-Rakesh Jhunjhunwala

16] I am opinionated and sometimes irritating, but I have learned that the quest to learn is a journey, not a destination.:-Rakesh Jhunjhunwala

17] Whatever you can do or dream, you can begin it. Boldness has genius, power, and magic in it.:-Rakesh Jhunjhunwala

18] The markets are like the weather; you may not like it, but you have to bear it.:-Rakesh Jhunjhunwala

19] I am extremely bullish for a longer period.:-Rakesh Jhunjhunwala

20] Markets go up not because buyers are abundant but because there is a lack of sellers.:-Rakesh Jhunjhunwala

21] Markets are like women – always commanding, mysterious, unpredictable, and volatile.:-Rakesh Jhunjhunwala