Rakesh Jhunjhunwala: The Big Bull of India
The story of India's most iconic trader-investor. From ₹5,000 to a multi-billion dollar empire: The legacy of Rakesh Jhunjhunwala.
Rakesh Jhunjhunwala, often called the 'Warren Buffett of India', was a fierce believer in the India growth story. He started in 1985 with just ₹5,000 and built a net worth of over $5 Billion.
Conviction is Key
Jhunjhunwala's success wasn't just in picking stocks like Titan or Lupin; it was his immense conviction. When he believed in a company, he stayed invested through massive crashes, often saying, "The market is supreme, but your conviction must be your own."
Trading vs. Investing
Uniquely, he was both a trader and an investor. He used trading profits to fund his long-term investments. This required a disciplined split-personality: being detached and objective for trades, but visionary and patient for investments.