It 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.
RAKESH JHUNJHUNWALAI myself am a private equity investor.
More Rakesh Jhunjhunwala Quotes
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My true gods are my parents. I am what I am because of them.
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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I am buying the most unpopular, most battered stocks, but then who knows?
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I think true love – love, wine and beauty, they better with age.
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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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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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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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.
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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.
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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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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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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALA






