Tributes started to pour in moments after the news of the sudden death of ace stock investor and newly-launched Akasa Air founder Rakesh Jhunjhunwala surfaced on August 14, 2022 morning.
Known as “India’s Warren Buffet” for his ability to pick up low-priced quality stocks much before they become high performers, Mr. Jhunjhunwala was a cult figure in the Indian capital market. Retail investors followed his investment pattern.
Also known as the “Big Bull”, he was always bullish about the Indian growth story. His latest investment was in low-cost airline Akasa Air which started flying operations last week.