Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALAIn my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
More Rakesh Jhunjhunwala Quotes
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When the food at home is so tasty, why go out and eat?
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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There can be no greater well wisher for me in life than my mother.
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Everything which is good in life is dicey, including pretty girls.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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.
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I do not do any trading internationally.
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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.
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I think true love – love, wine and beauty, they better with age.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALA