When stock market bull predicted own death

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Death of Rakesh Jhunjhunwala: It was a program of the Confederation of Indian Industry (CII) in Delhi about 6 months ago. Veteran investor Rakesh Jhunjhunwala made a rather fatally philosophical prediction about his demise.

The prediction was that no one could accurately predict three ‘M’s’. These three ‘M’s were weather, death and market (mausam, maut and market). The news of Rakesh Jhunjhunwala’s death came suddenly today. The legendary investor shocked everyone by making his own prediction come true 6 months later.

“Weather, death, market and women… It’s hard to say anything”

In February this year, Rakesh Jhunjhunwala said in a CII program that no one can predict weather, mortality and market. No one can tell when the weather will change, when death will come and when the market will change. Incidentally, Jhunjhunwala also talked about another ‘M’ in the show, which no one can predict. She was “the woman”. In other words, you can’t make predictions about “weather, death, markets and women”.

“There is no stock market king, those who thought they were kings went to prison”

During the program, Rakesh Jhunjhunwala said that there is no king of the stock market. Those who thought they were kings ended up in Arthur Road Jail. He said no one can predict weather, death, market and women.

“The market is like a woman, always powerful, mysterious, uncertain and fragile. You can never rule a woman and you can never rule the market,” said the veteran investor.

Rakesh Jhunjhunwala started a billionaire empire with an investment of Rs.5000

Rakesh Jhunjhunwala was born on July 5, 1960 in Mumbai. His father was an officer in the Income Tax Department and used to invest in the stock market. From there, he started investing money in the stock market.

Jhunjhunwala first entered the stock market in 1985. He invested 5 thousand rupees and made his first profit in 1986. He bought shares of Tata Tea at Rs 43 and sold them after three months at Rs 143 per share. After that, he didn’t look back. Whatever happened next will be written in golden letters on the pages of the Indian stock market.



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