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Sunday, January 1, 2012

performance of the Rakesh Jhunjhunwala's portfolio in 2011

The year 2011 was nothing less than a nightmare for Indian capital markets with Indian benchmark index NIFTY plunging by 25 per cent in a year. Rakesh Jhunjhunwala, Indian version of USA’s investor billionaire warren Buffett too was not spared and his portfolio took a hard beating.
Rakesh Jhunjhunwala is a long term investor and he even keeps stocks for a period over a decade and this erosion in his portfolio is like a blip for him as losses are notional and not real ones.
Any profits or losses on a portfolio are notional unless and until profits or losses are not booked.
Another important point is that Rakesh Jhunjhunwala had bought many of these stocks at dirt-cheap prices and this is a lesson for gullible investors who blindly end up buying these stocks at any price without consulting any investment advisors.

Among the shares of Rakesh jhunjhunwala's portfolio, Crisil was the only share which gave a decent return of 44 per cent and remaining all gave negative returns in the year 2011.
Performance of Rakesh Jhunjhunwala's portfolio in 2011
ps:In pipavav shipyard RK family holds 10million convertible warrants


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