Rakesh Jhunjhunwala’s multi-bagger stocks Titan Industries, CRISIL, Lupin and Karur Vysya Bank are very well known. These are the stocks that have turned his portfolio into a billionaire‘s portfolio. Also, his technique on how to find multi-bagger stocks is well documented.
Rakesh Jhunjhunwala’s flop stock picks are also a part of history and they keep reminding us not to lose faith because even the Master has made mistakes.
Rakesh Jhunjhunwala has now come on record about his regret at having missed out on a large number of excellent investment opportunities. At a stock meeting conducted by Legal Era Private Equity Forum, 2012, Rakesh Jhunjhunwala said “It will be written on my grave that Jhunjhunwala, who was said to be a smart investor, never bought TCS, Wipro or Infosys in his life.”
So, that is Rakesh Jhunjhunwala for you – always humble and down-to-earth despite the incredible succeess that he has achieved from investing.
The important take-away from the seminar was that Rakesh Jhunjhunwala expressed confidence that this was a good time to invest in stocks as the market was depressed. The last time, Rakesh Jhunjhunwala said that, investors who went ahead and bought quality stocks made a lot of money.
Rakesh Jhunjhunwala’s Portfolio In 2013