Rakesh jhunjhunwala

Investment guru

1. Investment Philosophy of Rakesh Jhunjhunwala Presented by: RAJESH KUMAR MBA(Finance), ACS, AIII

2. Born on: 5 th July 1960 Profession: Investor and trader Qualifications: Chartered Accountant (ICAI) Source of Wealth:  Investments, self-made Country of Citizenship:  India Education:  Bachelor Degree (Sydenham College), Bombay University Own portfolio (as a partner): Rare Enterprises (Asset Management Firm) A brief introduction:

3. Net Worth: $ 1.25 Billion ( as of March 2013) Forbes List: Rank 1075 in World (In 2012) Rank 46 in India (50 India’s Richest, 2012) Known as: "pin-up boy of the current bull run” (India Today magazine); and Also as a "Pied Piper of Indian bourses” (The Economic Times). …..continue

4. Rakesh Jhunjhunwala plunged into full-time investing soon after completing his education. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs . His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and another 1 lakh at Rs 150-175. The price rose to Rs 2200 and he sold some shares. Early Investment:

5. Madhu Dandavate's ( Union budget of 1990 ) Radha Kishan Damani (His guru) His portfolio of stocks is tracked religiously (Believe in god). Discipline (Self) Motivational Perspective:

6. Aptech Limited (Chairman) Hungama Digital Media Entertainment Pvt. Ltd. (Chairman) Prime Focus Limited (BOD) Geojit BNP Paribas Financial Services Ltd. (BOD) Bilcare Limited (BOD) Praj Industries Limited (BOD) Provogue India Limited (BOD) Different Role: Chairman and Board of Director’s (BOD)

7. Concord Biotech Limited (BOD) Innovasynth Technologies (I) Limited (BOD) Mid Day Multimedia Limited (BOD) Nagarjuna Construction Company Limited (BOD) Viceroy Hotels Limited (BOD); and Tops Security Limited (BOD) ….continue

8. His Portfolio(Core and Non-Core Holdings): Core Holdings ( as on 11 th Jan 2013): Non - Core Holdings ( as on 11 th Jan 2013):

9. His portfolio included:  A2Z Maintenance (23.2% stake)  Titan Industries (7.5% stake)  CRISIL (7.85% stake) Geometric (19.14% stake) Lupin Ltd. (1.87% stake); and  Karur Vysya Bank. ….continue

11. His stock picking strategy is influenced by  George Soros’ trading strategies and  Marc Faber's analysis of economic history. He endorses the rule, "the trend is your friend.” His investment philosophy says "Buy right and hold tight". ( Rakesh Jhunjhunwala leads by example. If you look at his portfolio which is worth Rs. 5119 crores  as of 11th January 2013 , you will find that just 5 stocks make up  82.62%  of the portfolio, comprising Rs.  4,229 crores   in value.) Investment Philosophy

12. He has said that the markets are temples of capitalism ; and He believes that markets are the ultimate arbiters . He claims to base his trades, in part, on the business model of a company, its growth potential , and its potential for longevity . …..continue

13. He factors in heavily the competitive ability , scalability and management quality of the enterprise. The entrepreneur, according to Jhunjhunwala , makes an invaluable difference to his expected investment returns. According to Jhunjhunwala , believing in the vision and the beliefs of the entrepreneur ;and Evaluating risks that may not be perceived by the entrepreneur are key success factors for a trader. …..continue

14. Don’t Look for Profits; Look For Sources Of Profits. Forget ‘Large Cap, Small Cap’ Nonsense – Look For Scalability of Operations . Give it Time, Be Patient. Invest in a business that you can understand. Don’t get carried away by short-term aberrations. Don’t Look For Multi-baggers. Tips for investors:

15. 7. Don’t worry about the macro stuff like fiscal deficit, inflation etc which are unknowable . Focus on what is knowable . 8. Don’t Try To Time The Market. 9. If it’s cheap , buy it- Don’t pass up something cheap today in the hope that it will get cheaper tomorrow. 10. Don’t buy stocks that have a fixed return . 11. Ride your winners!! 12. Concentrate, concentrate & concentrate!! …..continue

16. There is so much you want in have in life . Among these things are time spent with your loved ones , a comfortable lifestyle where you don’t have to struggle, and a retirement where you’ll be able to enjoy yourself and spend your time on what you want when you want . By accepting the Efficient Markets Hypothesis as fundamental to your investment strategy (whether "you" are an individual, family or retirement plan), you don't have to spend time chasing the very few mispriced securities that might occur. Conclusion

17. Instead, you can focus your efforts on: Defining and incorporating an appropriate amount of risk within your investments. Capturing as much of the market returns as possible given your risk tolerances. Minimizing costs that might otherwise detract from your returns. Periodically rebalancing your portfolio according to these guidelines. Spending your leisure time pursuing your life's interests , rather than trying to predict or react to every market fluctuation. …..continue

18. “ Life is your; choice is your; but suggestions are mine.” We are the followers of Rakesh Jhunjhunwala (Group No.- 4)

19. Thank you…….. Question?