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How an ordinary person started his career by investing ₹5000 and built an empire. Yes friends, today we will know about that person who in 1985, by investing ₹5000 by buying shares of Tata TV, by buying shares of Preeti Super, when the price of Tata's share reached ₹143, he earned his first earning from there and then went on to build his empire.
Yes friends, today we will talk about the man who is called the Warren Buffett of India, who is called the Big Bull of the share market. Friends, today we are going to talk about Rakesh Jhunjhunwala ji. Friends, we are waiting impatiently and let's start this video further. We will introduce him in this video, how he started his work, how he achieved so much mastery, what did he have to say, how did he purchase shares, we will tell you all this information in today's video.
Yes friends, so without waiting any further, I Himanshu, let's start knowing about Rakesh Jhunjhunwala. Friends, Rakesh ji was born on 5th July. He was born in Hyderabad in 1960. If we talk about his education, he has a B.Com and a Chartered Accountant. He is present. He was interested in the share market since childhood.
His father was also a businessman in the share market. When his father used to talk to his friends about the share market, he used to go and take interest in it. When the time came that he also started getting more interested in the share market, when he used to try to get information from his father, then his father did not give him any knowledge.
His father had clearly told him that if you have interest in the share market and want to know about it, then you will go only through your hard earned money. I am not going to give it to you right now, you will ask your friends. In this way, by somehow managing, in 1985, he stepped into the share market with an initial ₹5000.
Yes friends, he first started in the share market in 1985, in which he bought Tata Tea shares for only ₹42 by paying ₹5000. Then after some time, After two-three months, the sales price increased from Rs 43 to Rs 143 and he got his first profit from the company. Then he started his career. Regarding the purchase of his shares, Rakesh ji said that I first look at the price, then I look at the fundamentals of the company, then I look at the future growth of the company, only after that I take any decision.
Yes friends, and he said that this was my method in 1985, it is the same today and will remain the same in the times to come. Yes friends, according to this, if you also want to invest in the share market and are interested, then you will also have to keep three things in mind. First of all, what is the rate of the share?
What is the fundamental of the company? Thirdly, what is its growth rate? It is believed that a person should always learn from his mistakes. An investor should always be like a chameleon, he should have confidence in himself and at the same time, he should always keep learning where to invest at the right time.
Yes friends, due to this thinking of Rakesh ji, today he has made a big dent in the share market. The same goes for success, friends. If you continue to learn from your mistakes, you can achieve success in any field, be it the stock market or any other field. Yes, friends, it has received a No Objection Certificate from the Indian Aviation Ministry, and Kaisa Airlines has also been placed with orders for 75 MAX and 737 HI.
Friends, the airline has recently been launched, and Rakesh Jhunjhunwala had promised to provide the cheapest airplanes and affordable, beautiful, and sustainable travel through this airline. Talking about the investor, what he had invested in, Rakesh had invested in 32 shares of different companies.
Yes, according to a Business Today report, Titan was his largest investment. Yes, friends, Titan was his largest investment, from which he received a very high retained profit ratio. If we talk about his net worth, his net worth was 5.8 billion rupees, approximately four crore rupees. Yes, friends, Rakesh had invested in shares.
If you have earned so much money from the market, then think, you can earn, you can also earn, only for that they will have to take risk because today's people are afraid to lose it, according to the list, Rakesh ji's number comes at number 438 in the whole world, yes friends, he comes at number 438, which is not a small thing, you can imagine what he has earned, yes and with great sadness I have to say that Rakesh ji, who is known as the King Bull of India's stock market, who is in Mumbai on 14th August 2022, friends, not only do we pray for his day, but we should learn from him, what all his teachings were, how he started investing with only ₹5000 and here, despite having ₹10000, we think 100 times that no friend, there is risk in this, son, where there is risk, there is love, understanding this, Rakesh ji invested 5000 in 1985, that is, you can imagine what was his value at that time.
By investing ₹5000 in the share market, today he is being called the king, so whichever film you did, you should invest in the share market, take risks in whatever field you are in, you can make a name for yourself by loving risk, thank you so much friends, see you in our next video
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