People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
RAKESH JHUNJHUNWALABull markets are Test matches and not 50-over games.
More Rakesh Jhunjhunwala Quotes
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All democratic societies eventually decide what is in favor of them.
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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 found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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I want to give more time to my children, my family, to my health.
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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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I do not think, like people say, that I am a guru or I know everything.
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I have far less than what people think, but far more than I need.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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I am buying the most unpopular, most battered stocks, but then who knows?
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Not being dogmatic has helped me become a better stock-picker.
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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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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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What India needs for prosperity is just ease of doing business.
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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.
RAKESH JHUNJHUNWALA