Rakesh Jhunjhunwala, one of the most successful Indian investors, passed away on 14th August.
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I never got an opportunity to meet and interact with him, except for a few moments more than a decade ago. “Respect the market and be prepared for failure” is my faint memory of the advice I heard from him and, in hindsight, it was a great advice that I have never failed to practice.
Mr. Jhunjhunwala is known for his passion for the stock market. But how passionate was he?
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