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The markets are like a weather; you may not like it but you have to bear it.

Rakesh Jhunjhunwala

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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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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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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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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What India needs for prosperity is just ease of doing business.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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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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Everything which is good in life is dicey, including pretty girls.
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I think true love – love, wine and beauty, they better with age.
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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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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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