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My only interest

One of India’s ace investors, Mr Rakesh Jhunjhunwala (RJ), lovingly called the Big Bull, passed away recently.

While a lot was said about his investing prowess, one exchange between his father and him stood out for me.

When Mr. RJ had setup a foundation in honor of his dad to give back to society, this is what his father told him:

"I have no interest in your wealth. I only want to know how much tax you have paid, and how much charity you have given."

All the focus was on giving back, one way or another. Noble thoughts!

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