If you had bought VIP Industries – even after Rakesh Jhunjhunwala announced his purchase and the stock price had run up significantly – you would still have made a whopping 50%!!
Posts tagged warren buffett
Ramesh Damani’s investment mantra for your portfolio
Ramesh Damani, the Nawab of Dalal Street, has a magic mantra that is going to revolutionize your investment techniques. Ramesh Damani‘s mantra is so simple that you might laugh at it. But that’s the magic of the mantra – simple but highly effective
Rakesh Jhunjhunwala’s tips on how to find multibagger stocks
Rakesh Jhunjhunwala is not content with sharing his incredible investment techniques with the world (See Rakesh Jhunjhunwala’s investment techniques). Rakesh Jhunjhunwala now lets us in on the all-time important investment secret of all time – How to find multibagger stocks.
Rakesh Jhunjhunwala’s investment techniques
Rakesh Jhunjhunwala, like other geniuses, is not shy of sharing his investment techniques. So, if like us, you have been curious as to Rakesh Jhunjhunwala’s portfolio holdings and how Rakesh Jhunjhunwala picks his shares and what are Rakesh Jhunjhunwala’s investment techniques, we may have some answers for you.
Rakesh Jhunjhunwala: Still a billionaire!
India’s billionaires continued their strong showing in the Forbes Richest List of 2010.
Mukesh Ambani sprinted up three places to become the fourth richest from the seventh richest in 2009. His wealth increased by a staggering 48.7% to become $29 billion.
Younger brother Anil Ambani had a poor showing with his ranking plummeting two places to rest at 36 in 2010 from 34 in 2009. Anil Ambani‘s net worth, however, zoomed up 35.6% to become $13.7 billion in 2010.
Is Warren Buffett an “Idiot?”
Well, Failure can definitely change your perspective. When your investments go bad, the unthinkable can happen. Even Warren Buffet, the most revered and successful of investors can be termed “Idiots” by other market participants eager to savage the more vulnerable ones.
Why this is the right time to buy shares
One of Warren Buffets’s most famous quotes is “Be fearful when others are greedy and be greedy when others are fearful”. There is no better time to apply this time-tested investment philosophy than the present.
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