The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
RAKESH JHUNJHUNWALAI myself am a private equity investor.
More Rakesh Jhunjhunwala Quotes
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I am buying the most unpopular, most battered stocks, but then who knows?
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Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA -
The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
RAKESH JHUNJHUNWALA -
You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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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 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.
RAKESH JHUNJHUNWALA -
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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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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There can be no greater well wisher for me in life than my mother.
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I do not think, like people say, that I am a guru or I know everything.
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I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA






