The Rise and Fall of Bull Raja: A Tale of Greed, Fear & Samosas
Inspired from true events!
Meet Murli Mishra, aka Bull Raja—a 34-year-old CA from Lucknow, who believed he was the next Rakesh Jhunjhunwala… after three good trades in 2020.
It all started during the COVID crash of March 2020, when Nifty fell below 7,500. While the world was panic-buying sanitizers and Maggi, Bull Raja was panic-buying stocks like it was a fire sale at Big Bazaar.
He bragged, "Yeh toh lifetime opportunity hai, bhai! Reliance at Rs 875? FREE hai FREE!"
Turns out… he was right. By December 2020, his portfolio had tripled.
And so began The Bull Raja Era.
2021: Greed Goes Global
By early 2021, Raja’s friends had stopped talking to him. Can you guess the reason? Because he wouldn’t shut up about the markets. Do you have one such friend? Mention him/her in the comments.
At weddings: "Arre, dulha-dulhan toh theek hai, lekin Adani Ports dekh rahe ho? Rocket ban gaya hai!"
He borrowed against his home, sold his wife's gold (after some emotional negotiations - DON’T TRY THIS AT HOME), and opened three demat accounts—one for each mood: Calm Raja, Bold Raja, and YOLO Raja.
Then came 2021's bull run. Smallcaps, midcaps, penny stocks—everything was flying.
He bought YES Bank at ₹16, convinced it would go to ₹200 like in 2018.
He invested in Vodafone Idea, calling it a “turnaround story”.
He even bought Suzlon, and when asked why, said, "Kyunki hawa ka daur hai, bhai!"
He'd often say, "Nifty 25,000 toh pakka. Main toh retire ho jaunga 2023 mein."
2022: The Great Humbling
Then came the Ukraine war, FII selling, and global inflation.
Nifty started falling. Raja thought, “Buy the dip!” And so he did… again… and again…
Then, IT stocks started crashing. His star holding Infosys, bought at Rs 1,900, dropped like a stone.
He tweeted confidently: "Temporary fall. I’m adding more."
Then, Adani Group stocks were hit by the Hindenburg report in Jan 2023.
His prized Adani Green holding, which he bought at Rs 2,400, went down to Rs 900.
His YOLO Raja account was bleeding red.
Still, he held firm… until one day in March 2023, Nifty touched 16,900.
He cracked.
😱 The Panic Sale😱
Raja, in a moment of emotional meltdown, opened his Twitter account:
"Sab bech le bhai… sab!"
One user asked, "Sir, even HDFC Bank?" Yes, he was called SIR!
Raja: "Sab ka matlab SAB!"
He sold everything, booked huge losses, and bought FDs the next day.
That evening, while sipping cold chai, he told his wife:
"Stock market is a scam. Main toh ab property lunga. Kam se kam dikhta toh hai."
📈 The Comeback & Lesson
By mid-2023, the market recovered.
Today, Nifty is at 24,400. It reached 26000+ last year.
His old portfolio? Would’ve doubled.
Bull Raja? Still in FDs, watching “Shark Tank India” bitterly.
One day, his old friend Ramesh joked:
"Abe Raja, fear mein bech diya. Greed mein kharida. Ab tu kya samosa bechega?"
They laughed. Raja sighed. And finally admitted:
"Emotion ka control nahi toh portfolio ka control nahi."
📚 Moral of the Story:
Greed made him overconfident, fear made him panic, and both destroyed wealth.
True wealth is built by staying calm when others are greedy and greedy when others are fearful—not the other way around.
And yes, never buy stocks just because "hawa ka daur hai."
What are some other valuable lessons you have learned? I would love to take up your story in the next newsletter. Reach out to me to discuss.
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