I read that many investors lost fortunes in 2008 market crash, but how is it that big names like Jhunjhunwala, Dolly Khanna, etc still in business?

General
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You need 3 things to survive a crash - conviction, deep pockets, and market insights. All of which these guys have, hence they can survive market volatilities.

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Simple dude, they have their STOPLOSSES already set in system for their holdings/portfolios.

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I guess tht they hv survived 2008 market crash using the experience of previous market falls like 1995 market fall, 2000 market fall.

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Dolly khanna, newly im hearing this name.but impressive to be listed along with RJ.

http://articles.economictimes.indiatimes.com/2014-11-14/news/56093179_1_rs-software-cera-sanitaryware-hobby

but what surprises me is their holdings and screener.in screening strategies stocks looking similar.

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Basically how did they survive the crash?

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Karthik, can you give your view on Sudesh’s comment pls? Do investors use stops?

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They all do. But the point is the perspective on stop loss changes. For example in a FA based investment the stoploss need not be a stock price per say. In such situations a stoploss could be a business losing out its economical moat (http://zerodha.com/varsity/chapter/finale/). However in TA based trades, SL is strictly a price based trigger.

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are you serious? they use stops???

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Stoploss in a broader sense, eg. a particular HNI/Fund Manager has 1 crore in his trading a/c and in case of any uncertainty in the market the HNI/Fund Manager does not want his fund to go below 1% or say 2%. This is what I meant to say, hope you understood.

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oh ok, understood now Sudesh … thanks :slight_smile: