Rakesh Jhunjhunwala, India's greatest investor, compounded wealth at over 40% annually for decades starting from a borrowed $10,000. He split his brain between rapid trading on multiple screens and a core of untouchable long-term stocks that delivered massive returns.
Chapters
Tell me about the greatest investor from India. The greatest investor from India would be Rakesh Jhunjhunwala. Very interesting kind of split brain. He'd have like 3 or 4 Bloomberg screens in front of him and he had all these charts and everything going on, rapid-fire trading going on. But on the other hand, he had these 2 or 3 stocks that he never touched. I don't know anyone like that. And he was great at both, but the ones that he never touched, they just went through the roof. Rakesh compounded at north of 40% a year for several decades. He started with $10,000 borrowed, didn't even have that on his own. Someone lent him the money. I think he would have gone not just as an investor, but also shown that he could be an operator.