What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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 have far less than what people think, but far more than I need.
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I started my life with Rs 5,000.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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All democratic societies eventually decide what is in favor of them.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA