Rare Breed

Using the initials of his nad his wife’s name he established his investment firm named Rare Enterprises. He says, “This isn't a fund. I have no money other than my own and my wife's, she’s my only client. I don't manage anybody's money except hers.” His office comprises of three monitor screens, large conference table, statues of Ganesha and framed copies of Jhunjhunwala’s 10 Commandments for Investing and 10 Commandment for Trading.

His few commandments are spelt wrong but it doesn’t matter much to him and he says, “Even if my wealth is 20 percent of what it is today, I'd smoke the same cigarette, drink the same whisky, drive the same car, have the same office, the same house, wear the same clothes, have the same wallet, eat the same food, Money is not anything which is going to affect me, or the way I live.”

He is dedicated to trading and likes collecting portraits of well- known investors such as Peter Lynch and John Templeton that is hung at his company’s offices. He also has some collection of his speeches covering his investment methodology such as evaluating corporate price to earnings ratios etc. Another collection includes prayer from Dalai Lama, an eclectic compilation of quotations from Shakespeare and Voltaire that was given to George Soros and Buffett.