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Words of wisdom from Rakesh Jhunjhunwala

February 15, 2008

One of India's savviest stock market players, Rakesh Jhunjhunwala has been called the 'pin-up boy of the current bull run.'

It's an epithet that sits lightly on his shoulders. A chartered accountant with a penchant for dabbling in stocks with an uncanny eye for success, Jhunjhunwala started as a trader and investor in 1983. He now runs his Rare Enterprises company from offices in Mumbai's Nariman Point business area. What earned Jhunjhunwala fame is his skill to pick under-valued stocks, thus earning him the sobriquet: India's Warren Buffett.

Talking about his company RARE (derived from the first two letters of his name and that of his wife Rekha) Enterprises, Jhunjhunwala says, "My company has only one client -- my wife -- so that I don't need to handle others' money."

So check out what India's Warren Buffett has to say about investing in the stock markets. Read on. . .

Image : Rakesh Jhunjunwala
Photograph: Reuben NV

Also read: Afraid of stocks? Invest in MFs

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