Remembering the Big Bull, Rakesh Jhunjhunwala, on his birthday!
He started his investing career with ₹5,000 and ended with ₹35,000 crores🤯📈
And in this journey, the investing strategies of Marc Faber helped him
Here are 5 of his strategies. A thread🧵👇
He started his investing career with ₹5,000 and ended with ₹35,000 crores🤯📈
And in this journey, the investing strategies of Marc Faber helped him
Here are 5 of his strategies. A thread🧵👇
Who was Marc Faber?
🔸Born in Zurich, studied Economics at the University of Zurich
🔸Obtained Ph.D. at the age of 24
🔸Set up his publishing business "Gloom, Bloom & Doom" to highlight investment opportunities
🔸Well known for his “contrarian” investment approach
🔸Born in Zurich, studied Economics at the University of Zurich
🔸Obtained Ph.D. at the age of 24
🔸Set up his publishing business "Gloom, Bloom & Doom" to highlight investment opportunities
🔸Well known for his “contrarian” investment approach
Buy right, sit tight
🔸If nothing is wrong with the business, temporary volatility should not be a reason to exit from a stock
🔸Quality stocks often recover after bad times in the market
🔸Nifty50 fell 33% during the pandemic but recovered 87% in 2021
🔸If nothing is wrong with the business, temporary volatility should not be a reason to exit from a stock
🔸Quality stocks often recover after bad times in the market
🔸Nifty50 fell 33% during the pandemic but recovered 87% in 2021
Invest in the business you understand
🔸If you find business complex to understand, don't invest in it as it'll be difficult to understand when to exit
🔸Understand businesses will help you in judging when to double down or exit the investment as cycles turn
🔸If you find business complex to understand, don't invest in it as it'll be difficult to understand when to exit
🔸Understand businesses will help you in judging when to double down or exit the investment as cycles turn
Invest in yourself
🔸Investment made in upskilling and increasing knowledge give you the best returns
🔸Knowledge on Industries & sectors is necessary to be a successful investor
🔸Apart from investing, Rakesh Jhunjhunwala spent a lot of time with his family & friends
🔸Investment made in upskilling and increasing knowledge give you the best returns
🔸Knowledge on Industries & sectors is necessary to be a successful investor
🔸Apart from investing, Rakesh Jhunjhunwala spent a lot of time with his family & friends
Patience is the key to success
🔸To be a successful investor, one needs to be patient enough
🔸It takes a long time for research, diligence and staying invested at highs and lows of the company
🔸During pandemic, CRISIL fell 38% from peak but RJ didn't lose patience
🔸To be a successful investor, one needs to be patient enough
🔸It takes a long time for research, diligence and staying invested at highs and lows of the company
🔸During pandemic, CRISIL fell 38% from peak but RJ didn't lose patience
Trend is your friend
🔸This strategy dictates that while buying stocks, one shouldn't be fearful of small price changes
🔸This works better in case of fundamentally strong companies
🔸To identify a trend change, looking at volume and price direction is beneficial
🔸This strategy dictates that while buying stocks, one shouldn't be fearful of small price changes
🔸This works better in case of fundamentally strong companies
🔸To identify a trend change, looking at volume and price direction is beneficial
Rakesh Jhunjhunwala’s top holdings
🔸Titan - ₹14,485 crores
🔸Star Health - ₹5,969 crores
🔸Metro Brands - ₹3,750 crores
🔸Tata Motors - ₹3,108 crores
🔸CRISIL - ₹1,559 crores
🔸Titan - ₹14,485 crores
🔸Star Health - ₹5,969 crores
🔸Metro Brands - ₹3,750 crores
🔸Tata Motors - ₹3,108 crores
🔸CRISIL - ₹1,559 crores
Disclaimer: The content presented is only for informational purposes. It is not a buy or sell recommendation. Investors should conduct their own research to make informed investment decisions.
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