When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALAThere 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.
More Rakesh Jhunjhunwala Quotes
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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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My true gods are my parents. I am what I am because of them.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
RAKESH JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
RAKESH JHUNJHUNWALA -
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.
RAKESH 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.
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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 am an optimist by nature and I reserve the right to be wrong.
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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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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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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.
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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 do not do any trading internationally.
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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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I have far less than what people think, but far more than I need.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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Markets tend to shake you up before a bull run.
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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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Growth comes from chaos, not order.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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What India needs for prosperity is just ease of doing business.
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I started my life with Rs 5,000.
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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.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA