Agrawal started his career as a sub-broker on the Bombay Stock Exchange in 1987. |
His interest in investing was sparked when his brother Sukhdeo gave him Rs 4-5 lakhs to buy shares. |
In 1995, he invested around Rs 10 lakh in Hero MotoCorp shares at Rs 30 apiece, holding onto them for 20 years until they reached Rs 2,600 each in 2015. |
Raamdeo Agrawal co-founded Motilal Oswal Group, a small stock sub-broking firm in 1987. |
As Chairman of MOAMC, he created the 'QGLP' Investment Process and 'Buy Right, Sit Tight' philosophy. |
Agrawal is associated with the Institute of Chartered Accountants of India and the National Committee on Capital Markets of CII. |
He featured on 'Wizards of Dalal Street on CNBC TV18'. |
In 1986, he co-authored 'Corporate Numbers Game', along with other books on wealth creation. |
Warren Buffett is his mentor, and his investment strategy is inspired by him. |
By reading books like 'Common Stocks and Uncommon Profits', he learned about investing. |
Agrawal learned the power of compounding from value investor Chandrakant Sampat. |
He and Motilal Oswal were hostel mates in Mumbai during accountancy studies, but they became friends later. |
In 2005, his son Vaibhav was kidnapped and rescued after a 15-day operation. |
Vaibhav's ex-girlfriend reportedly assisted the kidnappers. |