NEW DELHI: Ace investor Rakesh Jhunjhunwala finds stock markets nothing better than a woman.In his own words: “Markets are like women, always commanding, mysterious, unpredictable and volatile.” That’s from his interview to ET Now in 2013.The statement did not pertain to just novice investors, but also wizards like him. And if you thought Jhunjhunwala himself cannot go wrong in stock selection, you are definitely wrong.Consider this. As many as 10 stocks out of the over two dozen in his portfolio have bled up to 30 per cent so far this year even when the broader market has gained 2.5 per cent. Only five Jhunjhunwala stocks have managed to generate returns in double digits, while one remained flat, data from corporate database AceEquity showed. Bilcare , where the ace investor and his wife Rekha Jhunjhunwala held 9.35 per cent stake at the end of March quarter, has fallen 28 per cent year to date.Intellect Design Arena, where Rakesh and Rekha Jhunjhunwala held a 5.95 per cent stake as of March 31, is down 25 per cent. Viceroy Hotels has plunged 17 per cent. Rakesh Jhunjhunwala and his better half held 14.71 per cent stake in the company as of March end.Jhunjhunwala said he never makes investments in stocks that are popular with investors. “In fact, I like to make investment when a stock is unpopular. Learn from mistakes. Learn to take a loss,” he said way back in 2011.His other pet stocks such as Dewan Housing Finance Corporation Man InfraConstruction , Ion Exchange (India), DB Realty and Aurobindo Pharma have dropped anywhere between 11 per cent and 15 per cent during this period. Autoline Industries and TV18 Broadcast , two other Jhunjhunwala favourites, are down 12 per cent and 10 per cent, respectively, so far this year.However, five of his pet stocks have delivered handsomely; Edelweiss Financial Services 34.49 per cent, Geometric 17.18 per cent, Anant Raj 17 per cent, Orient Cement 14.5 per cent and Crisil 13.80 per cent.Among other stocks in his portfolio, Aptech , Titan Company, Delta Corp Prakash Industries , Multi Commodity Exchange and FirstSource Solutions have risen between 4 per cent and 7 per cent.