Rakesh Jhunjhunwala: Top Quotes From The ‘Big Bull Of India’ To Inspire Investors

Rakesh Jhunjhunwala was popularly referred to as the ‘Big Bull of India’ and the ‘King of Bull Market’, and was widely followed for his stock market predictions and bullish outlooks

Rakesh Jhunjhunwala had a stake in 47 companies at the end of the June quarter. Titan, Star Health, Tata Motors, and Metro Brands were some of his largest holdings.

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New Delhi: Veteran stock market investor Rakesh Jhunjhunwala, also known as "India's Warren Buffet", passed away at the age of 62 on Sunday. His latest venture was the Akasa Air, a new budget carrier, which commenced operation operations this month with a maiden flight from the financial capital of Mumbai to the city of Ahmedabad.

He was popularly referred to as the ‘Big Bull of India’ and the ‘King of Bull Market’, and was widely followed for his stock market predictions and bullish outlooks.  

With a net worth valued at $5.8 billion according to Forbes, Jhunjhunwala is renowned for his skills in investing and stock market predictions.

The most valuable listed holding is watch and jewellery maker Titan, part of the Tata conglomerate. His early bets on Star Health and Allied Insurance and Metro Brands paid off when both companies listed in 2021.

Here are top investing mantras left behind by the prolific stock market investor for investors to follow.

You cannot make profits in the stock market unless you have the ability to bear losses

Always go against tide. Buy when others are selling and sell when others are buying

"Hastily taken decisions always result in heavy losses. Take your own time before putting money in any stock."

"Anticipate trend and benefit from it. Traders should go against human nature."

The entry point of any stock has to be as cheap as possible…

Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible

 “Never invest at unreasonable valuations. Never run for companies which are in limelight."

“Trading always keeps you on your feet, it keeps you alert. That's one of the reasons why I like to trade."

 “Emotional investment is a sure way to make loss in stock markets."

"You cannot make profits in the stock market unless you have the ability to bear losses."

"Buy when others sell and sell when others buy – the stock market mantra."

 “Invest in companies which have strong management and competitive management."

Prepare for losses. Losses are part and parcel of stock market investor life

Tributes are pouring in on social media from all corners starting from investors, business leaders, and politicians to public. Prime Minister Narendra Modi led the tribute saying he leaves behind an indelible contribution to the financial world.