Darne Ka Kya? Rakesh Jhunjhunwala family recalls his life mantra on death anniversary

As a mark of tribute to ace investor late Rakesh Jhunjhunwala on the occasion of his second death anniversary, his family and Rare Enterprises has taken out an advertisement in newspapers with a theme ‘Darne Ka Kya’ which lauds his penchant for taking big risks which ultimately paid him rich returns. The message is “the less you fear, the more you will gain”.

Jhunjhunwala, who is often referred to as the “Big Bull” of Indian stock markets, passed away 2 years ago on this day, and as investors remember him today on his second death anniversary, his investment philosophy remains a source of inspiration to many.

A short four paragraph poem not just thanks the maverick investor for touching so many lives, it also mentions the vacuum created due to his absence.

Here is the full text of the poem:

It’s been two years without your presence,
But we take solace in your lessons;
Your mantra is now our shining light,
In the darkest of nights, it burns bright:DARNE KA KYAWe felt lost without you to guide us,
Uncertain without you beside us,
But whenever clouds of doubt loom,
We hear your familiar voice boom:

DARNE KA KYA

You were the Big Bull to one and all,
Often taking what seemed like risky calls;
But you were proven right, time and again
The less you fear, the more you gain…

DARNE KA KYA

When we see the many lives you touched,
Their eyes whisper ‘Thank you very much!’
Like an eternal flame, your love shone
You’ve given us the courage to go on:

DARNE KA KYA

Jhunjhunwala died at the age of 62 in 2022 because of kidney related problems.

Born on July 5, 1960, this larger-than-life investor and trader was known for his penchant for identifying gems. While he was alive, he managed an asset firm called Rare Enterprises. According to Trendlyne, his portfolio is currently managed by a team at Rare Enterprises headed by Utpal Sheth and Amit Goela.

Growing up in a Marwari family, he developed a passion for stock markets at a young age. None of the usual stuff that appealed to adolescents drew him as much as equities did.

A qualified Chartered Accountant, he invested in both his own name and his wife’s, Rekha Jhunjhunwala. He favoured stocks in the finance, tech, retail and pharma sectors.

Also known as the Warren Buffett of India, his portfolio is among the ones widely tracked by investors.

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