In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALAEverything which is good in life is dicey, including pretty girls.
More Rakesh Jhunjhunwala Quotes
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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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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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I myself am a private equity investor.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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What India needs for prosperity is just ease of doing business.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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.
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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.
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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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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA