At an event, ace investor Rakesh Jhunjhunwala was answering questions posed by chartered accounts (CAs) on his investment philosophy. Some questions centred on the reasons for the success of his strategy.
A young CA asked Jhunjhunwala whether he had made any big mistakes in the stock market, to which the billionaire investor said he had, in fact, made a number of mistakes. “You make a lot of mistakes but in the end you have to come back to the stock market; where else you will go,” he said.
