Mr. Rakesh Jhunjhunwala was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of INR. 5000 with his first major profit in 1986.                                      

At the time of his death, he had an estimated net worth of USD $5.8 billion, making him the 438th richest person in the world. Some of the teachings of Mr. Rakesh Jhunjhunwala are as follows:

·  Investors shall always have patience and shall not panic and take rash decisions.

·  Don’t fret over mistakes and learn from them.

·  You learn from your mistakes whilst experiencing them for future purposes.

·  Market is always the Supreme One, Market is never right or wrong. It’s us that’s in right or wrong.

·  Learn to accept your mistakes and learn from them.

·  If you don’t accept your mistakes, you won’t learn anything.

·  Don’t get emotionally attached to a particular stock.

·  Buy stock to sell and if it has potential, hold it for a longer period.

A Big Tip by Mr. Rakesh Jhunjhunwala is to be passionate about stock and enjoys the process.