Ace Equity Investor
Rakesh Jhunjhunwala is one of the better known equity investors in India. Mr. Jhunjhunwala belongs to a class of investors who has created wealth through careful stock selection, patience and conviction. Among India’s successful investors, Mr. Jhunjhunwala is perhaps one of the few who has shared his insight into successful investing with the people at large through his articles, interviews and presentations.
Mr. Jhunjhunwala founded his principles of investing – addressable opportunity, competitive ability, operating leverage and scalability, and integrity of the management. He is also known for his trading skills and believes that trend is his friend and learnt never to preempt trends. He also realized that investing also has a four letter word attached to it – RISK.
As an investor he respects markets and believes that markets are never wrong. Markets are the basis and temples of capitalism. As an investor he never ends any of his opinion without saying that he can always be wrong, always reminding him that market is always right.
As a long term investor, Mr. Jhunjhunwala is credited with identifying stocks early on, believing in his investment, being patient and having conviction to hold the stocks for long periods of time. For him the price at which you buy is as or more important than what you buy.