They created those companies and got the stake. They did not buy from market.

Originally posted by harriman Originally posted by Kabootar 4. Lots of advice on how to make money in the market. Not tips, but good solid stuff like "Stay invested for ast least 3-5 years" (RJ). Ridham Desai and RJ said business news channels should play the lead role in educating newly minted investors.    well thats all fine and dandy but no matter what RJ he says he made his money trading not investing. Investing is fine but you need a lot of capital to begin with to make significant money unless you manage money.  If we look at RJ's career: 1985: begins with Rs 5000/- 1986: He made his first big profit of Rs 0.5 million in 1986 when he sold                5,000 shares of Tata Tea at a price of Rs 143 which he had                         purchased for Rs 43 a share just 3 months prior.   There's no way you can turn Rs5000 to 5 lakhs in one year by investing, to achieve this kind of return you have to actively trade and take big risks.  So although he goes on touting invest, invest, invest i find his accelerated rate of returns during his early years came from trading not investing. However after he got so big he found it difficult to trade because with such large size its hard to get in and out of positions without moving the market and so he was forced to turn to long term investing.

Everyone talks about him making money while trading.. but if you have heard him talk about trading then you would have seen the pain he has suffered while trading..Quote ' died a thousand deaths and crushed his ego on trading bets" unquote. He advices trading for retail investors as that is where maximum money is lost by them.. you could win big and lose bigger.... So till the time you think you are a small retail investor, listen to his advice coz that is experience talking.

he is aware of all news who follow him is blind....if u are on a honda.....u follow a car.......he will leave hole and rough road between two tyres it will come against you suddenly what will u do......