"Dalal Street will always remember him, for while there may be many successful billionaire investors in the years to come, some even wealthier than him, there will never be another Rocky."
Rakesh Jhunjhunwala was often referred to as the “Big Bull” and “Warren Buffet” of the Indian stock market. Billionaire Jhunjhunwala, 62, held over 30 stocks in his portfolio as of June 30.
Ace stock market investor Rakesh Jhunjhunwala died this morning at a Mumbai hospital. He was also the co-founder of Akasa Air, India's newest airline which began commercial operations last week.
Rakesh Jhunjhunwala believed that trading was all about waiting for the right moment; called himself a realistic whenever he was asked whether he was an optimistic or a pessimist.