Rakesh Jhunjhunwala’s unmatched investing success, fueled by leverage and astute stock picks like Titan, remains a benchmark. While today’s investors follow a similar strategy of identifying undervalued stocks, few match Jhunjhunwala’s risk appetite or benefited from the market inefficiencies of the past. Replicating his success in the current environment, with tighter regulations and richer valuations, appears exceedingly difficult.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets