Rare: Investing the Rakesh Jhunjhunwala Way

INVESTING-THE RAKESH JHUNJHUNWALA WAY!

Rakesh Radheshyam Jhunjhunwala, aka the Big Bull of Dalal Street and India’s Warren Buffet, or simply RJ, has several firsts to his credit.

RJ was India’s first professional investor to break into the Forbes Global Billionaires list. He was India’s first investor to sign the global philanthropy pledge initiated by Warren Buffet and Bill Gates. He was also a rare breed of ‘asset-class agnostic’ investors who profited from investments in listed equities, private equity, trading and Bollywood films. Further, unlike his notorious ‘Big Bull’ predecessors-Harshad Mehta and Ketan Parekh- RJ abided by the law in letter and spirit and maintained a stellar reputation.

The portfolio of RaRe Enterprises, the investment firm RJ founded, grew since its inception to RJ’s demise by a whopping 62% annually, the second highest among global investment firms.

In Rare: Investing the Rakesh Jhunjhunwala Way, analyst and banker Nandini Vijayaraghavan systematically deciphers RJ’s investments in multiple asset classes and reveals his recipe for stupendous success. The book analyses RJ’s personality and personal life, India’s sociopolitical and business environments, and the many characters in his inspiring journey.

Through never-before-seen interviews with RJ’s wife Rekha Jhunjhunwala, nephew Vishal Gupta, his school and college mate and banker Uday Kotak, colleagues at RaRe Enterprises Utpal Sheth, Amit Goela and Rajeev Agarwal, and fellow investor Ramesh Damani, the former MD of RJ’s most successful investment, Titan Industries, Bhaskar Bhat, and film- maker Balki, this is the first book offering a balanced perspective on the man, his investments and the myth-for seasoned, novice, institutional and retail investors alike.