Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Stock Market
Jhunjhunwala became billionaire by not selling anything

Jhunjhunwala became billionaire by not selling anything

Raviraj Parekh July 5, 2020

jhunjhunwala

You must have heard about recent release of the book “How to to become billionaire by selling NOTHING” This book is written by blogger Mr.Aditya Magal. He runs blog on the name of “Rakesh Jhunjhunwala”.

As the name of rakesh jhunjhunwala is involved I tried to find out how this book can help our readers. This book is work of fiction about entrepreneur who wanted to sell a product called NOTHING. He approached billionaire Rakesh Jhunjhunwala who dismissed his idea and gave Rs 1 lakh asking him to seek help of psychiatric. The Entrepreneur invested this money to manufacture nothing and assign some stake to Rakesh Jhunjhunwala in the company as a sign of gratitude. Stock of this company climbs high as filmstar, politician displays interest in nothing. At last company was sued by other company because of idea copy.

Learning from this book:-

Do not miss below posts -
  • 5 Good Midcap IT stocks for investment in 2016
  • Top 10 Freedom Stocks 15 August 2013 – CNBC Awaaz
  • Bahubali Shares for the bahubali returns
  • Only invest in business that you understand.
  • Entrepreneurs sees opportunity in everything even in “NOTHING”.
  • Entrepreneurs always stays hungry and foolish  (making money by foolish idea -selling Nothing)
  • Idea should be original entrepreneur should never copy idea of others

This was about book what about reality well my thinking how Rakesh Jhunjhunwala in real life became billionaire is given below:-

How Jhunjhunwala became billionaire by not selling anything

Yes! Rakesh Jhunjhunwala became billionaire by adopting Investment strategies “Not selling anything”!

Buy Right and Hold Tight

Rakesh Jhunjhunwala investment strategy says “Buy right and hold tight”. Select right stock and stay invested in this stock.  He is holding Titan Industries and Lupin since long and he is still making profit from this stocks.

His one of the largest shareholding Lupin went up more than 48% in 2 years. Similarly Titan Industries gone up by 24% and CRISIL by 18% in last two years.

stock_rakesh_jhunjhunwala

Apart from profit this stock are giving him regular income as dividend.

Ride your Winners

Do not miss below posts -
  • Top 7 Best Large Cap Stocks for Investment
  • Warren Buffet Basic Screen Test passed by only 12 Indian …
  • Top 10 Highly Rated Direct Mutual Funds by Value Research …

Rakesh Jhunjhunwala always says you have to “Ride your Winners!!”  In interview it was asked to Rakesh Jhunjhunwala When do you sell your multibagger?” Rakesh Jhunjhunwala answer was “Never”.

Rakesh jhunjhunwala syas that don’t sell stock for the sake of selling, rakesh Jhunjhuhwala explain two situations when he sell his stock. First situation if he is in need to capital to invest in other stock that will give him even better return.

Second situation when the stock market has become so irrational that the perception of earnings and the P/E is unsustainable.

Conclusion: If Jhunjhunwala became billionaire by not selling anything you can also become billionaire by not selling anything.

If you like this post, do share this post with your friends!

Image courtesy:- Mr.Aditya Magal

Prev Article
Next Article
Tags:billonaire jhunjhunwala book review rakesh jhunjhunwala how to become billonaire rakesh jhunjhunwala

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

2 Comments

  1. suresh

    Good article Raviraj. Another name fo this strateg is ‘longterm investment’. Patience pays

    May 15, 2014
  2. Mohammed Ali

    “Buy right and hold tight” – very hard to follow this mantra in Stock market, but this always paid-off for the investors who wait little longer.. Thanks for this inspirational article

    March 22, 2015

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • How to check Property Records and Land Records online in India?
  • 20 small manufacturing business ideas with low cost
  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • 225 Small Business Ideas with Low Investment in 2021-22
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • 30 Food Business Ideas with low investment
  • Top 60 Manufacturing Business Ideas
  • Income Tax Calculator FY 2019-20 (AY 2020-21) - Excel Download

Subscribe to Blog via Email

Join 5,474 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |