Hi,
It is always fascinating to read how world's biggest investors made money - including Warren Buffet and RJ.
Coming to RJ, there are references to when he started and what he picked. I read that he started in 1985 with INR 5000 with initial picks being Tata Tea and Sesa Goa. More recently, he was known to have made a huge money from BEML, BEL, SCI, which he picked in 2000.
It was also recorded that he started investing when the Sensex was at about 150. Even at today's index at around 12K, it was 80 times growth. However, his portfolio grew to an unbelievable 5K crs!
If he has been known as an investor, who stay puts with a company for a very long time, how could returns be such phenomenal?! I would be interested to read further about his early career. How did he manage to generate a good corpus to enhance his portfolio? Did he trade during stock market busts? I mean, did he take short positions when we had stock market scams and benefit immensely?
Any reference to reading material would be appreciated.