It’s purchase of JLR looked like a bad decision. When the global financial crisis hit, the stock of Tata Motors had crashed. Bet Big when the Right Opportunity Comes Along.He made a lot of money in Tata group stocks over the decades – Titan, Tata Motors, Tata Power, Indian Hotels, and more. You could say they have set the benchmark for other businesses in India. The Tata group is famous for its high ethical standards in business. But if you have selected your stocks correctly and have bought the stocks at the right price, your work is mostly done.

You can make short term investments.īut if you want to become really wealthy, then long term investing is the way to go. This is crucial when trying to create a Jhunjhunwala portfolio. But most of his wealth was in his long term winners. Trading can make you a lot of money if it’s done right. And that is not possible if you are investing outside your circle of competence. You can only do this if you have very high conviction in the business and the management. Jhunjhunwala held the stock of Titan for 20 years. The key to long term wealth creation is to buy great quality businesses and hold them for years, even decades. This is why he invested in Nazara Tech.īut many people may not understand this business model… and that’s fine. This means you should invest in only those businesses you understand.įor example, Jhunjhunwala understood the gaming business. Warren Buffett calls this your ‘circle of competence’. No one ever got rich in stocks by copying someone else. The first point to understand here is that you need to walk your own path in the market. Instead of worrying about buying specific stocks, it’s more important that we understand wealth creation in the stock market. So the real question to ask is this… How can I create wealth for myself like Rakesh Jhunjhunwala? Jhunjhunwala was worth ₹460 bn when he passed away. These details are important but they pale in comparison to the big picture. But after reading these articles, I was left with the impression that we are missing the woods for the trees.Įveryone sems to be aware of precise details of his investments… when he bought a certain stock, when he sold, how much money he made on an investment, etc. He was truly one of the top investing gurus of India.Īnd that’s fine. I’m sure you have read, or at least seen, articles about the Rakesh Jhunjhunwala’s portfolio and his rise to fame and success.

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