Showing posts with label Which stocks "Rakesh Jhunjhunwala" has in his Portfolio ?. Show all posts
Showing posts with label Which stocks "Rakesh Jhunjhunwala" has in his Portfolio ?. Show all posts

Wednesday, April 7, 2021

Which stocks "Rakesh Jhunjhunwala" has in his Portfolio ?

What is Rakesh Jhunjhunwala's current portfolio ? Which stocks Rakesh Jhunjhunwala has in his portfolio ? Anand rathi, RK Damani, Ashish kacholia, Vijay kedia, Dolly khanna, Porinju veliyath.

Let Mr. Rakesh Jhunjhunwala, Mr. R.K Damani, Mr. Anand Rathi, Mr. Porinju Veliyath, Mr. Ashish Kacholia, Mr. Vijay Kedia and Mrs. Dolly Khanna “Buy” or “Sell” whatever they like.

After 5.5 years experience i can tell you the real question should be "What should you Buy or Sell” ?

  • Do your own "Due diligence".

Making a decision based on what others are doing is not a smart idea because :

  1. Mr. Rakesh Jhunjhunwala was extremely bullish on "DHFL" and few other stocks but right now they are eating dirt.
  2. Mr. Rakesh Jhunjhunwala bought Aptech but he is a "Chairman" of that company.
  3. Mr. Jhunjhunwala and Mr. R. K Damani are seen in the series “Scam 1992” which may or may not seem suspecting.
  4. Mr. Rakesh Jhunjhunwala did not start his career with 5000 rupees, he took loan for trading which in any case goes against cardinal rules laid down by Warren Buffet still Mr. Jhunjhunwala wants everyone to call him Warren Buffet of India. Someone adviced him to buy shares of “Titan” 20 years ago, which made him majority of his fortune.
  5. There is a very brief disclaimer every time one of these "Big names" mention any stock which says they hold that stock. For all we know, they mention that company’s name, people buy, they sell and disclose their trade to SEBI. God knows if we will ever hear that company's name from them again.
  6. There is no obligation to report if the shareholding is below 1 % in any particular company. Consider the scenario that Mr. Jhunjhunwala first buys 0.99 % in any company and then buys additional 0.01 % stake when the price has almost doubled. Only then will his company’s name come into limelight and when public/ retail investors would be buying based on the news thinking that entire stake has been bought at current market price without even looking at the fundamentals of a company, he can sell all his shares to make a profit.
  • Nobody is an “Expert” as business channels sometimes say “Ask the expert”.
  • CFA or Chartered Financial Analysts are guided not to mention anywhere that they are market veteran or experts. If they do so, they can lose their certification.

I am not trying to defame anyone, nor get anyone's praise.

Just saying that make an informed decision based on “Fundamental analysis” for your Investments.

In fact I have not seen most educators teach “Financial planning” in their Stock market or Finance course in India.

Seriously ?

Your focus should be on learning and not following anyone else.

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Regards !!

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