I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALAIt is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
More Rakesh Jhunjhunwala Quotes
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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Markets tend to shake you up before a bull run.
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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 quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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The government needs to send out a message to the business community that ‘we are on your side.’
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There can be no greater well wisher for me in life than my mother.
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I don’t think Indian e-commerce companies have an evolved business model.
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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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The markets are like a weather; you may not like it but you have to bear it.
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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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I myself am a private equity investor.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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Bull markets are Test matches and not 50-over games.
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Films are getting expensive by the day. They are making more money by the day.
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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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I started my life with Rs 5,000.
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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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When the food at home is so tasty, why go out and eat?
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Impossible is the word for fools in my dictionary.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA