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 JHUNJHUNWALASee, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
More Rakesh Jhunjhunwala Quotes
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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 found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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I am always capital short. If I see the opportunity, I will get the money.
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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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When the food at home is so tasty, why go out and eat?
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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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Markets tend to shake you up before a bull run.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I know film industry is not a very healthy place to be in.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
RAKESH JHUNJHUNWALA