On Sunday, August 14, early in the morning, in Mumbai, a cardiac arrest claimed the life of India’s Warren Buffett. He was 62. The watch and jewelry manufacturer Titan, a division of the Tata conglomerate, was the most valued of the more than thirty businesses in which Jhunjhunwala owned stakes. Star Health, Rallis India, Escorts, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies, and Tata Motors are just a few of the businesses in his portfolio.
He was a successful trader, investor, and businessman who earned the nickname “Big Bull” of Dalal Street. He is survived by his wife and three children, the son of an income tax officer.
Here are a few sayings from Rakesh Jhunjhunwala that can serve as an example to many people:
1.”The market, the weather, death, and women are all unpredictable. The market is like a woman; she is constantly in charge, enigmatic, unreliable, and unpredictable. A woman is never really under your control, and the market is also not under your control.”
2.”Be ready to lose. Losses are an inevitable element of stock market investing.”
3.The stock market maxim is “Buy when others sell and sell when others buy.”
4.”Market etiquette. Be open-minded. Understand the stakes. Recognize when to admit defeat. Be accountable.”
5.”The stock market is always correct. Market timing is a bad idea.”
Source:mid day
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