Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
RAKESH JHUNJHUNWALAIn 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.
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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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There can be no greater well wisher for me in life than my mother.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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I myself am a private equity investor.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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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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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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I started my life with Rs 5,000.
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All democratic societies eventually decide what is in favor of them.
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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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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.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA