Rakesh Jhunjhunwala on investment
Rakesh Jhunjhunwala84 quotes“I myself am a private equity investor.”
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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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
Rakesh JhunjhunwalaRakesh 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
Rakesh JhunjhunwalaRakesh Jhunjhunwala What India needs for prosperity is just ease of doing business.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
Rakesh JhunjhunwalaRakesh Jhunjhunwala When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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?
Rakesh JhunjhunwalaRakesh Jhunjhunwala All democratic societies eventually decide what is in favor of them.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala I am always capital short. If I see the opportunity, I will get the money.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
Rakesh JhunjhunwalaRakesh Jhunjhunwala The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
Rakesh JhunjhunwalaRakesh Jhunjhunwala I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
Rakesh JhunjhunwalaRakesh Jhunjhunwala
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