Professional Documents
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Rakesh Jhunjhunwala
Rakesh Jhunjhunwala
Rakesh Jhunjhunwala
JHUNJHUNWALA
-ROLE MODEL
BY-CHINMAY POL AND SHWETALI KULKARNI
[SKNSSBM]
CONTENTS
INTRODUCTION
BIO DATA
FAMILY BACKGROUND
PERSONAL LIFE
CAREER
PHILOSOPHY
INTRODUCTION
• Rakesh Jhunjhunwala, also known as the ‘big bull’ or ‘Indian Warren Buffett’ was born on 5th July 1960
in Mumbai.As he was very curious about stocks, Rakesh Jhunjhunwala also expressed his wish to pursue
a career in the stock market.. He is the biggest Indian stock market investor. He started his career by
trading in the stock markets. He entered stock market with a capital of Rupees 5000.Then he started to
invest the money back in the stock markets Thus far in the current financial year 2020-21 (FY21), the net
worth of Rakesh Jhunjhunwala and family has increased Rs 2,514 crore with the value of their
investments once again surging past the Rs 10,000 crore mark. He is a investor and a trader in the
INDIAN stock markets.
BIO DATA
• Rakesh Jhunjhunwala considers himself as both a trader and a long-term investor. Here’s a quote from
his interview.
• “Short-term trading is for short-term gain. Long-term trading is for long-term capital formation.
Trading is what gives you the capital to invest. My trading also helps my investing in the sense I use a
lot of technical analysis for trading at times.
• If the stock is overpriced, I should sell but my trading skills tell me that the stock can remain
overvalued or get more overvalued. Hence, I hold on to my investments.
• So, I think they complement each other in many ways but they are two distinct compartments
totally.”
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