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In 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.

Rakesh Jhunjhunwala

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Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA

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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA

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I do not do any trading internationally.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA

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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
RAKESH JHUNJHUNWALA

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Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALA

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The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA

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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALA

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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

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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
RAKESH JHUNJHUNWALA

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I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA

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The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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