5 Investment secrets from Indian Stock Market king Rakesh Jhunjhunwala

5 Investment secrets from Indian Stock Market king Rakesh Jhunjhunwala

Rakesh Jhunjhunwala is one of India's most successful and well-liked stock market investors. With about 20,000 crores in assets, he is one of India's wealthiest men. So, for every investor, here are 5 crucial lessons from Rakesh Jhunjhunwala's life:

Have a lot of patience- Rakesh Jhunjhunwala's patience with his stocks is one of his most impressive traits. Only two of his portfolio's stocks, for example, have yielded positive returns; the rest are in the red, but he doesn't seem to mind. He claims that he buys the company, not the stock and that he doesn't sell a single share as long as the company's fundamentals are sound. For example, his investment in Titan fell 30% from its peak; if one of our portfolio stocks fell 30%, would we panic and make rash decisions? Of course, but Jhunjhunwala has steel nerves; he didn't sell a single share of Titan because he believed in the Titan business and that patients paid off handsomely. Titan is now Jhunjhunwala's largest wealth producer, with something he might have missed if he had made an impetuous decision.

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