Raamdeo Agrawal, an Indian entrepreneur, stock market investor, and Chairman of Motilal Oswal Group, has demonstrated that accumulating significant wealth is achievable through long-term investing. His journey serves as a real-life illustration for aspiring investors who seek to generate wealth via the stock markets. Remarkably, he has earned every single rupee solely through long-term investing, having amassed crores without engaging in Futures and Options trading.
Raamdeo Agrawal was born into a middle-class Marwari family. He is a chartered accountant from the Institute of Chartered Accountants of India. He was raised in Raipur, Chhattisgarh, before relocating to Mumbai to pursue his CA studies. Although he faced multiple failures in his CA examinations, his determination ultimately bore fruit. He co-established Motilal Oswal Financial Services, and his family currently holds approximately 36 per cent of the company. The current value of his investments in Motilal Oswal Group exceeds 20,000 crores.
His annual wealth creation studies and QGLP framework for stock selection are widely embraced by the investment community. Through his 29 wealth creation studies, which commenced in 1996, Raamdeo Agrawal has assisted countless investors in profiting by teaching them how to evaluate and choose stocks for the long term. "Invest in quality companies that possess growth potential, longevity, and are reasonably priced," encapsulates Raamdeo Agrawal's formula for success. Utilizing this framework, he has identified and invested in several multibagger stocks, including Hero Honda, Infosys, Bharti Airtel, Eicher Motors, and Zomato.
Raamdeo Agrawal has not only drawn inspiration from his mentor Warren Buffett but has also adhered to his guiding principles, proving that wealth accumulation through long-term investing is indeed possible. Despite possessing over 40 years of experience, he refrains from attempting to time the market. He proudly asserts that he is consistently fully invested in the equities market. "Being invested in the market is more crucial than trying to time it," is the mantra Raamdeo Agrawal imparts to the young investors of India.
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