Rakesh Jhunjhunwala’s 5 investment strategies which can make you rich

Starting with a small capital base in the eighties, Rajesh Jhunjhunwala built a massive portfolio running into thousands of crores by betting big on his high-conviction stock idea

He became the Big Bull of the stock market by having faith in the Indian market and his investment strategies. 

He was also a rare combination of a trader and an investor. He had the courage to trade against the overwhelming market sentiment especially in bearish times.  

Here we take a look at the five investment strategies of Rakesh Jhunjhunwala which made him super rich and what he was:

1. Buy right, sit tight

Jhunjhunwala always believed in ‘buying right and sitting tight’. That is, do your own research, buy the right stock and then keep sitting on it till an opportune time.  

2. Never get emotional about your stock idea

Jhunjhunwala had replied that if he had any emotions, then they were for his children and his wife, and may be for his girlfriend, but surely he was not so much emotional about any of his stocks. 

3. Patience is the key to succes

4. Buy when others are selling and sell when others are buying

Jhunjhunwala always believed in going against the tide. He used to say – “Buy when others are selling and sell when others are buying.” He was, thus, against the herd mentality and wanted the market investors to use their own brain while investing. 

5. Never invest at unreasonable valuation

‘Never invest at unreasonable valuations. Never run for companies which are in limelight’