Radhakishan Damani

F amously known as Mr. White and White; Radhakishan Damani is a Stock market
Investor, Stockbroker, Trader and the Founder & Promoter of Dmart.

RK had begun his career as a trader in ball bearings. He was 32 then, when his father
died and he was forced to close down that business and had to join his brother in the
stock broking business, which was inherited from his father. His father worked at
Dalal Street, Also known as The Bombay Stock Exchange.

He had absolutely no knowledge about that end of the world, or how that market
functioned. So he began as a speculator at the stock market. And within no time, he
understood that watching was not the best way to make or grow capital.

Taking inspiration from the legendary value investor Chandrakant Sampat, he started
playing for the long term. His philosophy was long term. He would see for the product
potential in far future. Eventually, his judgement began getting right, and within the
next couple of years he was ranked among the top on Dalal Street.

He is also one of the very few who had locked horns with Harshad Mehta – the Big
Bull of the stock market, and had managed to eyeball him. This epic battle and
success over Harshad Mehta made RK a legend at the stock market.

On the stock market, he is observed to be wearing two hats. On one end, he is the
Trader, trying to understand the market’s swings, wherein on the other end, RK is the
Value Investor, betting on companies for the longer run – similar to the god of the
stock market Warren Buffett.

After reaching such great heights, in 2001, suddenly quit the markets and decided to
enter the retail industry. He built Dmart.