This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles; try the Find link tool for suggestions. (November 2024) |
Chandrakant Sampat (1929–2015)[1] was an Indian investor.
Life
editHe was born in 1929 in a Gujarati family. After leaving his family business in the 1950s, he started investing in the Indian market at the age of 26. He was compared to Warren Buffett for his successful investment strategy.
After the Foreign Exchange Regulation Act (FERA) came into effect in the 1970s, he amassed a fortune by picking up multinational companies before other investors realized the true value of companies that reduced their equity to below their intrinsic value. Known as the "Father of Value Investing in India", Chandrakant Sampat inspired an entire generation of investors.He was a man of determination and strict discipline, which made him one of the biggest investors in India. He is said to have inspired and guided many Indian investors, including the founder and owner of D-Mart retail chain and value investor Radhakishan Damani.
Death
editThe 86-year-old investor led an active, simple life. Sampat died in 2015 at the age of 86.[2]
See also
editReferences
edit- ^ "Tribute to the Father of Value Investing in India". bltpindia.com/. Retrieved Mar 5, 2019.
- ^ Nagar, Anupam (5 March 2019). "chandrakant sampat died at 86". The Economic Times. Retrieved Mar 5, 2019.
This article needs additional or more specific categories. (November 2024) |
  | This Indian business-related biographical article is a stub. You can help Wikipedia by expanding it. |