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The Economic Times
The Economic Times
Debaroti Adhikary

Why Rakesh Jhunjhunwala bought Titan shares when everyone else was selling? Raamdeo Agrawal explains

Late Indian billionaire investor, often called the Big Bull of Dalal Street and Warren Buffett of India, had the natural gift of being able to smell bargains, which allowed him to take his popular bet on Titan, according to market veteran Raamdeo Agrawal.

Raamdeo Agrawal met Rakesh Jhunjhunwala for the first time in 1988 and found him exceptionally smart and full of stock market wisdom, the Motilal Oswal Chairman said in a 2022 podcast ‘Market Ki Baat’ by Groww, which was later compiled in a book named ‘The αlpha bets’. “Even at that time, Rakesh took very large positions. There was nothing hidden in his life. He was a man who wanted everyone around him to make money,” he said.

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