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If not then how to invest like Rakesh Jhunjhunwala ji, what is it that makes Rakesh Jhunjhunwala ji, makes him such a big and such a good investor, we will try to know this through this episode and will see whether all those things, that story can make you a good investor or not. So let's start. The first point is doing 36% CAGR over 37 years.
If you do a 36% CI or for 5 years you get a multibagger. Well and good. But you made a multibagger of only 4.74 times. 4 times the same approx. But when you do 36% CAGR for 37 years, then you see the magic of compounding. Then your money is made 8 crore times. Where is five times, where is 8 crore times.
This makes a difference in compounding over the long term. So the first point is to understand what compounding is and it is this compounding that will make you Rakesh Jhunjhunwala ji and in future will also make you Warren Buffett. If you do not understand this compounding then you cannot invest without it.
So the first thing to do is after watching this video, search on YouTube Ramdev Agarwal ji's podcast related to compounding and watch all his podcasts in which he talks about compounding and apart from that you can also watch all the podcasts. But let's look at the compounding one. He will tell you how compounding can get you all this.
It can give you more than you ever imagined. People think small, they think they want โน10 lakh or โน1 crore. Whether you want to get your daughter married or buy a house, after buying the stock, after selling it, after this bull run. But he will tell you how the stock market can create generational wealth.
How you too can become Warren Buffett. How to earn โน1 lakh crore. If you learn compounding properly then it is compounding that will make you like Rakesh Jhunjhunwala ji but at 36% CA over 37 years which is very very difficult. If you get this much then it is said that you have found a multibagger and it means that you have to search for a multibagger every year which is not possible.
This result of CAGR is a bit opposite because they did not start the investment from pure capital. He started with trading and then kept adding more capital to it, so his CAGR increased. If we go by the sources and say how much was made by adding them all together? So they say 22% CAGR. So say 22% CAGR or say 36.
If you calculate from the very beginning then it will be 36. But what will happen in such a situation is that many people start from zero, then theirs will become infinity, so they will not calculate like that. 22% CIR will be the truth, but I had to tell you for the sake of explanation because if I had adjusted it then I would have told you that he earned so much from trading, he did this, that would not have been made possible.
So now the second point, all the other things, this was the main point, after this there are all the other things which will make you Rakesh Jhunjhunwala ji, that is, first of all think long term. If you want to become an investor, if you want to become a great investor, then you will have to start thinking for 5 years, 10 years.
Along with thinking for 5 years, 10 years, you will also have to think which company is that, in 5 years, 10 years, the small cap is worth 500 crores in the current situation and in the future, it will be worth 500 crores or lakh crores, this long term thinking, you need such long term thinking to become Rakesh Jhunjhunwala ji and before that you will have to do research or research.
Also, research will have to be done with long term thinking. What research will need to be done? A gap will have to be opened world wide, country wide, nation wide or even state wide. But there should be a gap there. The gap that this company can become this big in 5 years, 10 years. There is an international market present of a gap, here this sector is expanding, any gap is a possibility, Vijay Kedia ji calls it the story of Vijay Kedia ji and Rakesh Jhunjhunwala ji, Radha Krishna Damani ji, you will find their investment style very similar because they learned from him, Rakesh Jhunjhunwala ji learned from Radha Krishna Damani ji, Vijay Kedia ji learned from them, so you have to do something similar, first think long term and then find a gap.
After the gap, you have to find the company or stock that will fill that gap. That stock should have the capability to fill the gap in that sector. That should be the caliber. That courage should be there. He should have the conviction to be able to fill that gap. And you will find that out by looking at the fundamentals of that company and its management.
Management is not very easy to see. Fundamentals are more difficult to see. You will have to learn these two separately and it will come with experience. So the fundamentals, whether it is capable or not and the management, whether it is capable, whether it has conviction or not, whether it has caliber or not, now after all this you will have to be bold and courageous towards yourself because when you take a company worth Rs 500 crore which you think will become worth lakh crore, it means that you are taking a huge risk, in Nifty you already take companies worth Rs 10 lakh crore and you are now going to take a company worth Rs 500 crore, a lot of courage is required, you should know how to handle a lot of risk.
Only then will you be able to become Rakesh Jhunjhunwala ji. The first one is Beeb Bolt because here you don't want 15% CAGR. 14% CAGR is not required. You need a 22% CAGR. After this, once you know the company, you know the gap. The company's address was revealed in it. You have created a view of 5 years and 10 years.
Now take that. Now sit in it. Hold it with patience. Keep learning because the market never ends. And he says in one of his interviews that I have been in the market for almost 40 years, but I still learn, and I too continue to learn. You should also learn, you are still learning, and you should keep learning.
Learning never stops; it never ends in the market. And in India, believe that India will grow. Ramdev Agarwal also does this. Well, he has a mutual fund business, so he has to say that India will grow, and invest in Indian mutual funds. But if you want to do it, you will have to believe that it will grow.
And that's all you have to do to become Rakesh. But you need one more thing, a friend like Radha Krishna Damani. I do n't know what you will do for such a friend. I don't know, I don't have such a friend either. But it is a must. A friend who will sit there and listen to you and also clarify you. Here, you are overthinking or underthinking, and can point out a possible mistake in your own thinking, and you can also tell him, share ideas, teach things that he knows that you don't know, and that's it.
This is all you need to become Rakesh ji, we will meet in the next If Not How to Be Investor series, till then hello and watch this video, if you have not liked it then like it, if you have not shared it then share it, subscribe.
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