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Hello friends, today we are going to talk about India's Burn Rafer The Big Pool, a name which is like a god to the stock market investors, Rakesh Jhunjhunwala, his journey from a middle class family to becoming the king of the stock market, we will know the story in this video today and will also learn what we can learn from him.
What message has he given to the world and what is his learning that we can apply in our life to improve our investments and make progress in our life. So let's start the video. Rakesh Jhunjhunwala Sir was born in 1960 in a middle class family of Mumbai. His father was an Income Tax Officer and discussions about investment and stock market often took place in their house.
So from there he developed a curiosity to know and hear about investment. In 1985, he took Rs 5000 from his father and with that Rs 5000 he started his journey in the stock market and within a few years, yes within a few years, his Rs 5000 converted into crores. So his first success was that he bought 43 shares of Tata T and the value of those shares increased over some time to ₹143.
This means he made a profit of lakhs and from there his confidence got further boosted because he made a huge profit and at that time making a profit of ₹100 was a lot. That means 4300 shares were purchased and the value of their shares increased from 43 to 143. I mean, if you are thinking about that time, we are talking about 1986, then that much money used to be a lot for that time, so his confidence increased and interest in the stock market was awakened and he got confidence and motivation to do research and his inspiration was Warren Buffett, he took inspiration from there and learned investment better like how to do long term investment, he came to know about short term investment and came to know about value investment.
This helped him learn investment even better because his mentor was Bernan Buffett. So from there he started learning investment better and his biggest investment was in Titan company. His investment in Titan Company had increased by 1000 times. Meaning 1000 times more and the few crores that he had invested became 11000 crores.
I mean, at that time you understand, 11000 crores and he had investments in other companies as well like CRI, SIL, Lupin, Sesa Goa, NCC, Xer. He believed in luxury companies which provide luxury and lifestyle. He used to target these companies more. He opened his own asset management company called Rare Enterprises and also he opened a company in New Ages, which was a company startup for new age people.
He used to invest a lot in them too. He believed that new age companies would perform well and also opened an airline company in 2022, ACASA Air Budget Friendly, which could provide budget friendly travel to everyone. He invested a large part of his money in it and opened the company. If you want to learn something from you then you can learn this: Start it small, dream big, patience, convenient in the key of investment, don't fear risk but take calculated risk, believe in India's growth story, always keep learning and from mistakes.
In the end, before leaving I want to say that we can learn from Rakesh Jhunjhunwala sir that there is no shortcut to win or make profit in the market. You will have to invest in the long term. Research: Good research will have to be done. And his biggest strategy was that he invested in India's growth.
He believed in India's growth story and invested a major part of his money there and got good returns. So these were some small stories about Rakesh Jhunjhulwala Sir. I hope you enjoyed this video. And don't forget to like and subscribe my channel. See you in the next video. Until then, have fun.
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