Investment Lessons from Amitabh Bachchan (Part-2)

Amitabh accepted that he realized by then that he is a actor and he should concentrate on only acting.

One fine morning Mr Bachchan wake up in the morning and went to My Chopra and requested him to cast him in some movie.

Mr Chopra gave him a break in movie Mohabatein and then in the same year he hosted KBC TV shows. He went for a training same year before becoming host for this reality show. He hosted this till 2005.

He started working hard as a new comer at the age of 60 and started getting sponsorship and add one after another slowly.

From his initial endorsement he got around 10 crore which he used to repay few portion of his loan.

Soon after he started acting in movies and all became hit one after another. Again he proved that if somebody has will he can be young enough anytime to begin and prove.

Later Amitabh endorsed for just dial, in return he got 62,794 shares with a nominal value of Rs. 10 each back in 2011.In Jan 2014 it was costing more than 10 crore.

Till 2011 Amitabh Bachchan asset allocations are as below :

Amitabh Bachchan net worth by 2012:

Amitabh Bachchan Net Worth   -2012
Assets	Jaya Bachchan	Amitabh Bachchan
Bank Accounts	HSBC Bank Dubai branch-3.06 crore	Fixed deposit in Bank of India: 92 crore HSBC Bank-USD-New York:   66 lakhs
Bonds, shares, debenture   and mutual funds	4.3 crore	69 crore
Cars	Toyota Lexus: 30 lakh Toyota Qualis: 8 lakh	Rolls Royce worth Rs 3.08 crore, two Mercedes worth Rs 2.2   crore, one Poarsche Cayman worth Rs 62 lakh besides vehicle likes Toyota   Innova, Mahindra Scorpio Toyota Qualis mahindra Bolero and a tractor.
Gold, Silver	Gold worth -32 lakh, jewellery – 12.48 crore,Silver articles   -35.3 lakh silver bars -18.9 lakh	Gold worth Rs Rs 2.03 crore, jewellery worth Rs 20.49 crore and   silver articles worth Rs 3.7 crore.
Paintings	Rs 19 lakh	3.8 crore
Watches	-	1.7 crore
Agricultural Land	Bhopal and Lucknow worth Rs 5 crore	Lucknow and Barabanki district worth of Rs 3 crore.
Non-Agricultural Land	Plot in sector 44 in Noida at Film city worth Rs 60 lakh	In Ahmedabad worth Rs Rs 15 lakh and other at Juhu Mumbai worth   Rs 25 crore.
Commercial building	-	In Juhu worth Rs 20 crore
Residential building	Bhopal worth Rs 51 lakhJalsa at Mehta Road in Mumbai worth Rs 40   crore	At Juhu worth Rs 20 crore, another at Juhu worth Rs 20 crore,  one at Gurgaon worth Rs 1.2 crore, an apartment at Juhu worth Rs 1.75 crore  and one in France worth Rs 3 cror

Later Amitabh and his son owned few teams and it is doing well.

Lessons from Amitabh Bachchan :

1. Never blindly believe on fund managers, they may be wrong at times. Ex:ABCL disaster
2. Always diversify your investments. Ex: His portfolio
3. Always try to have a second income source. Ex: ABCL, Add , team he owned, TV shows.
4. Accept failure and never give up, sometimes life teaches us many things. Ex: Post bankruptcy the way he fought back and re established.
5. Try to learn new skills which may help you to earn more as in case of KBC he did.
6. Learn to invest in stocks Ex: His Just dial deal

When you have money you have a chance of loose it and in today world the chance of loosing money is more.

Remember No fund manager can take more care of your money than you do it by yourself….After all this is your hard earned money.

Else you will lose and when people will ask you…"Aaj mere paas gaadi hai, bungla hai, paisa hai... tumhare paas kya hai?" you will end up saying "Mere paas, mere paas... Maa hai...," J J J

You also may end up saying a different dialogue all together too "Main aaj bhi pheke hue paise uthata hun,"  J

So guys what do you say??? Do you learn something from his life story….????

Disclaimer :

While writing facts and words i have taken from Wiki page and different websites.Hence i don't guaranty the truthfulness of the facts.My writing may be biased because i am a fan of Big B.The stocks what was discussed is his ivestment.No buy or sell recommendation associated with that.