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Radhakishan Damani
Founder, DMart

MENTOR OF RAKESH JHUNJHUNWALA | RARE INTERVIEW OF RADHAKIDHAN DAMANI | #ytshorts

🎥 Oct 14, 2024 📺 The traderrs ⏱ 1m 👁 5664 views
MENTOR OF RAKESH JHUNJHUNWALA | RARE INTERVIEW OF RADHAKIDHAN DAMANI | RK DAMANI INTERVIEW Rakesh ...
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About Radhakishan Damani

In a November 2024 interview, Radhakishan Damani described a single individual as his mentor in the market, stating, "There is only one mentor; he had such a big influence on me." He noted that they trade separately and have no partnerships. Damani said he learned trading from this mentor, emphasizing the importance of taking calculated risks Pythagoras. He attributed to the mentor qualities such as discipline, wisdom over intelligence, extreme patience, and humility, adding, "He doesn't teach you how to learn." In November 2022, Damani's company, Avenue Supermarts (Dmart), held its 22nd Annual General Meeting via video conferencing. During the meeting, shareholders raised concerns about the company's declining cash and bank balances, increased inventory levels, and lack of dividend payments, with one shareholder stating, "We are not getting any dividend... it is the dividend on which many of our senior citizens depend." The company secretary acknowledged the feedback and concluded the meeting.

Source: AI-verified profile updated from Radhakishan Damani's recent appearances. Browse all interviews →

Transcript (4 segments)
I
Interviewer0:00
Who would you count among your mentors in the market?
R
Radhakishan Damani0:05
Mentor is only one. Mr. H has had such a big influence on me.
I
Interviewer0:10
Absolutely? You don't know how close we are. And we trade separately, we have no partnerships, nothing. Give me a couple of instances because you keep mentioning his name. I mean, have there been specific instances in the past where he shaped your investment style, or you have looked up to him for advice? Why do you consider him a mentor?
R
Radhakishan Damani0:27
Because primarily I learned trading from him. You take risk, but risks are very calculated risk. I can tell you, he always used to take calculated risk, and that discipline was there from day one. Trading or investing? Trading, trading. Right. I primarily realized that more than intelligence, he has wisdom. Third, he doesn't teach you how to learn. All right. Fourth, he is extreme patience and humility, frankly. So much respect to me.