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Investor, trend follower, trader: different shades of Rakesh Jhunjhunwala and his indelible legacy

Investor, trend follower, trader: different shades of Rakesh Jhunjhunwala and his indelible legacy

Rakesh Jhunjhunwala; illustration by Manali Ghosh

Synopsis

The Big Bull’s fearless and unorthodox approach to investing was perhaps his biggest strength. In his phenomenal journey on the Dalal Street spanning more than three-and-a-half decades, Jhunjhunwala proved that having conviction in investment ideas and the courage to go against the crowd are inevitable qualities when it comes to generating substantial wealth in the stock market.

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9 mins read,
The night before he passed away, Rakesh Jhunjhunwala was watching a movie with his wife, Rekha. He complained of difficulty in breathing around 5 am, following which he was rushed to the hospital. But Jhunjhunwala did not make it. Indian stock market’s greatest investor passed away on Sunday due to a cardiac arrest — just one day before the country celebrated 75 years of independence. Jhunjhunwala, known for his outspoken nature, was always

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