Stock Market is one of the best investment Option. It gives best opportunity to earn a lot of money. However, before investing in the stock market you have to learn and understand a lot of things. In order to do that either you can read 10 best books for stock market investors or learn from most successful stock market investors.
Well, before taking this ahead let me ask you a basic question. Who are Most Successful Stock Market Investors? One name which can pop up in your mind is Warren Buffett. Warren Buffet is the greatest investors of all time and one of the richest person in the world.
But do you know about successful investors in India who made a lot of fortune by investing in the stock market?
Yes, you are right Rakesh Jhunjhunwala is one of the most successful stock market investors in India. He has made a wealth of 20000 Cr starting from Rs.5000. Well, do you want to know his success mantras? How was their journey, what strategy they follow, which stock they select and how long they have been investing?
In this post, I am going to tell you about 3 most successful stock market investors in India. Further, I will also give an additional name of successful stock market investors as a bonus.
3 Most Successful Stock Market Investors of India
Net worth: 3 Billion USD
Born: 5 July 1960 (Age 57), Mumbai India
Education: Chartered Accountant
College: The University of Mumbai, The Institute of Chartered Accountants of India (ICAI)
Occupation: Owner of RARE Enterprises, Investor, Film Producer & Trader
Rakesh Jhunjhunwala is Investor with Midas touch. A Big Bull Rakesh Jhunjhunwala is also known as Warren Buffett of India. He is a most popular stock market investor in India. Rakesh Jhunjhunwala is a common man with uncommon intelligence. Making money from the stock market is like child’s play for Jhunjhunwala. Rakesh Jhunjhunwala is qualified charted accountant and stock market Investor. He manages his own stock portfolio as a partner in asset management firm, Rare Enterprise.
Rakesh Jhunjhunwala was born in Mumbai on 5th July, 1960. He was born in the middle-class family. His father was Income tax officer and stock market investor.
From childhood days Rakesh Jhunjhunwala had thought to become a pilot. However, destiny had thought something else for him. He was introduced to stock market from childhood days by his father. He used to get a lot of knowledge from his father and father’s friends. He was reading a stock market column in the newspaper with a lot of fascination. At an early stage, he decided to make a career in the stock market.
Rakesh Jhunjhunwala started stock market investment in the year 1985. He started his career with the small capital of 5000 Rs/- At that time BSE Sensex was at level 150. He was knowing that such small capital will not help him in the stock market. In order to get capital, Rakesh Junjhunwala approached his brother and was able to raise capital of 1.5 million. With this capital, in a short span of 1 year, he earned nearly 1 million and invested this profit in 5,000 shares of Tata Power.
He realized that trading is the only option for him to earn big money from stock market. He started trading in stocks. He purchased Sesa Goa and Telco Stock. These stocks had generated a good return for him. He was doing trading extensively and trading gave him all the money required to make an investment.
Learning from Rakesh Jhunjhunwala
Invest in stocks with future business potential
As per Rakesh Jhunjhunwala, one needs to find out stock with lower valuation and good future business potential. It is a difficult task but with fundamental analysis and deep understanding, one can master in this task.
Buy right and hold tight
Long-term investment in a good stock is a key generate wealth from the stock market. You must be surprised to notice that Rakesh Jhunjhunwala is holding many stocks in his portfolio since long. As per him you need not sell the stock if fundamental of the company is good.
Controlling emotion and keeping patience is extremely important in the stock market. The stock market moves upward as well as downwards. During downtrend or during market crash one should maintain patience. In another word, one should have faith in investment made in stocks.
Net worth: 11 Billion USD
Age – 61
Occupation: Investor, Trader, Stock Broker and Promotor of Avenue Super Market (D-Mart)
Radhakishan Damani is also known as Mr. White and White. RKD (Radhakishan Damani) is a master in picking a multibagger stock. R K Damani is mentor and Guru of Rakesh Jhunjhunwala.
R K Damani began his career as a trader in ball bearing business. He has no intention to enter the stock market. But post his father’s death he was forced to close down his business and had to join his brother in stockbroking business of his father. At the age of 32, he entered in the stock market with very limited knowledge. He learned a lot from legendary investor Chandrakant Sampat. He is also one of the very few who had locked horns with Harshad Mehta.
After working as a trader for few years he decided to become a value investor. He selected multiple stocks as a value investor and generated huge wealth. In 2001, he decided to quit stock market to build his own business D-mart. He built D-mart hypermarket chain in India. In 2017, D-mart was listed on BSE with a premium price and rose two times from listing price.
Learning from R K Damani
Invest in Small Cap or Mid Cap Stocks
Looking at a portfolio of R K Damani it can be clearly said that small cap and mid-cap stocks are must for a portfolio. Mid Cap and Small Cap stocks have huge upside potential for future.
Long Term Investment
Long-Term Investment is second learning from R K Damani. He is holding many stocks since long-term and he advises to do so.
Business & Stock Market Combination
It is proved by R K Damani that business and the stock market is a great combination to earn a lot of money. He created massive wealth from a combination of business D-mart and the stock market.
Age – 56
Occupation: Investor, Trader and Portfolio Manager
Porinju Veliyath is one of the most successful stock market investors of India. He has made his own fortune in the Indian stock market. The success story of Porinju Veliyath is quite interesting. From a homeless person, he has become one of the most respected value stock pickers of India.
Porinju was born on 6th June 1962 into a lower-middle-class family in Kochi. His early life was full of challenges. His family faced deep financial problems when porinju was 16 years of age. The condition was so bad that the home in which they were staying had to be sold off to repay the loans.
At a young age, porinju decided to do a job in order to support his family. He joined a small private firm as an accountant. He was getting Rs.1000 as a salary. As his salary was not enough to fulfill the basic need of his family, he decided to look for another job. His second job was at Ernakulam Telephone Exchange. His salary was Rs. 2,500. Porinju continued his study along with job and completed his study in Law. After getting a degree in law he started looking for a better job. However, he could not find a good job for few months. Later he decided to move to Mumbai. He moved to Mumbai in 1990.
Porinju Veliyath immediately got a job after reaching Mumbai. He was appointed as a floor trader at a Kokat Securities. Stock market was a totally new field for porinju. However, within few days he learned in and out of stock market and he became an expert trader.
In 2002 porinju started his own portfolio management firm Equity Intelligence. Today this company is managing portfolio of some of the leading businessmen, successful professionals, and even ordinary people.
Source – MoneyExcel
Learning from Porinju Veliyath
Identify and Invest in future multi baggers
Porinju Veliyath Follows simple strategy for earning money from stock market. He identify and invest in future multibagger stocks.
Buy lesser-known, high quality businesses to derive maximum portfolio value.
Porinju believes in less – known, high-quality business. His advice is to invest in high quality business to generate maximum portfolio value.
Invest in companies with clean balance sheet, honest management and clear business visibility
Porinju always invests in companies with a clean balance sheet, honest management, and good business potential.
Other Successful Investors of India –
Well, as promised here are bonus name of successful Investors of India –
- Rajiv Khanna & Dolly Khanna
- Vijay Kedia
- Vijay Malik
- Chandrakant Sampat
- Ramdeo Agrawal
- Mohnish Pabari
- Shivanand Mankekar
Over to You –
Do you follow stock market strategy and advice from successful stock market investors?
Do share your experience in the comment section.