Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
RAKESH JHUNJHUNWALAI have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
More Rakesh Jhunjhunwala Quotes
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I myself am a private equity investor.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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I do not do any trading internationally.
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I do not think, like people say, that I am a guru or I know everything.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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I am always capital short. If I see the opportunity, I will get the money.
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I don’t think Indian e-commerce companies have an evolved business model.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
RAKESH JHUNJHUNWALA