| Author |
Message |
gautam
Newbie
Joined: 20/Jul/2007
Location: India
Online Status: Offline
Posts: 2
|
   Posted: 27/Jul/2007 at 5:17pm |
Brillant Observation. Have been myself tracking this person for a long time. Great to see a detailed note on him and on his portfolio. Amazing work. Hope to see regular updates.
Infact, a few weeks back at around 42 Rs. (ZEE News) had noticed that MR.SM had bought into this one. Was difficult to understand why but after the Q1 results the entire scenario has changed.
|
 IP Logged |
|
|
|
 |
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 27/Jul/2007 at 5:41pm |
Originally posted by magnum
basantjee,
rj can never be a warren buffett. he made money purely by speculating,making 40 times money in 40 months from acc. it takes luck to make money through speculating, it takes brains to make money the warren buffett way. there is no one to match him. |
It does not require luck to keep the money though anyone who has been lucky in this market has been unlucky just after the money has been made.
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
tyler_durden
Senior Member
Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
|
Posted: 27/Jul/2007 at 6:18pm |
Originally posted by magnum
basantjee,
rj can never be a warren buffett. he made money purely by speculating,making 40 times money in 40 months from acc. it takes luck to make money through speculating, it takes brains to make money the warren buffett way. there is no one to match him. |
----------------------------------------------------------------------------------------------
a lot of people win 1 crore lottery or many have won in KBC or other such programs or many have insider info to speculate..how many of them are as rich as RJ....how many of em are followed by people ??....how many of em are amongst richest indians??....it takes vision and a purpose to be where rj is today....how much he wud have made by shorting the market...he started with 20000 or so bucks way back then... make that 50 times (suppose he invested it initially and made a 520 bagger)...10 lacs...he speculated with 10 lacs ...made 40 times ...4 crores.... he s worth 1000 crores today...still multiplied that money by more than 250 times....its not that easy.....buffet made money in a more investor friendly mkt...its not easy to invest in indian mkts and still be among the richest men in india.....even if george bush sneezes sensex sheds a few points
why cant we appreciate our heroes?
he actually started with 10000 in 1985...before shorting acc how much he wud have made of those 10000 ... ???
Rakesh Jhunjhunwala started with a meagre Rs 10,000 somewhere in 1985 and with some trading profit was on a leverage capital of Rs 10 lacs in a few months now if you compound that Rs 10 lacs at 57% for 22 years, You do get to the figure of Rs 2250 crores. Rakesh Jhunjhunwala is one example of compounding.
Edited by tyler_durden - 27/Jul/2007 at 6:26pm
|
|
If you aren't fired with enthusiasm, you will be fired with enthusiasm.
|
|
IP Logged |
|
|
|
Ajith
Senior Member
Joined: 06/Aug/2006
Location: India
Online Status: Offline
Posts: 1284
|
Posted: 29/Jul/2007 at 1:35pm |
RJ is way up there with the other legends.Warren Buffet as almost everyone admits is a class apart.
For me some philosophical thoughts abot investing from RJ(in some CNBC interview)was outstanding.He said that just because he has been so successful does not guarantee continued success.This true humility reflects in his buy-and-hold strategy.Combining investing with speculation so successfully does require magical brain power.
|
|
Ajith
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 29/Jul/2007 at 1:51pm |
.....Combining investing with speculation so successfully does require magical brain power.
---------------------------------------------------------------------
I fully agree with this view. And most importantly RJ has been through most turbulent times, large Scams in markets. He is a true Wizard, a superman.
Those new 20+ somethings Wizards haven't seen anything yet.
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
Posted: 29/Jul/2007 at 2:50pm |
RJ is my inspiration, only doesnt understand his investment decisions (due to inadequate knowledge and experience) in some of the companies such as Vadilal/Hawkins and there are many more.
Neverthless, it is also important to knowthat he made money in comapnies which were not popular when he start investing in them and invested in when they were small caps.
|
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
|
IP Logged |
|
|
|
vip1
Senior Member
Joined: 09/Oct/2006
Location: India
Online Status: Offline
Posts: 492
|
Posted: 29/Jul/2007 at 4:25pm |
RJ is my inspiration, only doesnt understand his investment decisions (due to inadequate knowledge and experience) in some of the companies such as Vadilal/Hawkins and there are many more.
Even I don't but I remember a Hindi Film Dialogue , maybe will help:
" Hum jahan khade ho , Line wahan se shuru hoti hain"
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 29/Jul/2007 at 4:34pm |
" Hum jahan khade ho , Line wahan se shuru hoti hain"
---------------------------------------------------------
Ha ha! Good one!!
P.S.:
Vip1....please clean your PM inbox as it's full!
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
