Bse India and nse India have their indices roaring and at times purring on their numbers. Learning and being able to predict the behavior of the market has been a long curious study. To invest or to not? Are bonds the right way? There are a number of questions piled up. Settle down and read these 4 successful investor stories to set your investing journey just about right.
- Mr. Nemish Shah, the co-founder of ENAM ( one of the top investment houses), is a brilliant investor with a net worth of Rs 1,300 crore. His idea about investing has been very rudimentary. He concentrates on very limited stocks which are highly sector-driven. Won’t invest in many but only in those that he sees the right potent at the right time. He has also shown interest in Asahi India stocks and multiplied his funds by 3.4 times in 3 years.
- Ramesh Dhamani has been a very popular name in the Indian share market. He is well known for pulling out the right stocks and expanding his stay in them. The model of Warren Buffet is what he follows to fund in the stock market. In 1993 when Infosys got public, Ramesh’s first big move took place. As a coder, he knew his strategy was ought to bring him profit.
- Radhakishan Damani, a veteran stockbroker famous for his white shirt and white trousers dressing attire, is the wealthiest stock broker in India and the owner of D-mart. RK’s strategy for stocks has been very simple. Buy quality stocks at discounts and stay put for a longer time. Entering the stock market at the age of 32, RK Damani was a clueless broker but with much experience ahead he leaves us wondering: does he use a stock screener to filter stocks, or is he pulling them out with experience?
- Rakesh Jhunjhunwala popularly known as the Warren Buffet of the Indian stock market started his stock journey in the year 1985. Intrigued by the talks of his father, Jhunjhunwala honed his interests as a stockbroker successfully. His first hit was when he purchased 5000 shares of Tata Tea at Rs 43 and sold for Rs 143 in only 3 months.
There are so many names in the Indian share market and a stock market that leave us inspired. There are also names that leave us thinking about the unethical ways with which they made their way through. But the only successful people who are sustaining for long are the ones with ethical and intellectual thinking. Today investing in the right stocks has become easy with expert advice, tools like a stock screener, and the rich history of stocks and investors. Upon thinking about such veterans and their basic strategies, it’s safe to say that one can go explore their curiosity and go beyond the fear and stigma around stocks.