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.
RAKESH JHUNJHUNWALAThe first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
More Rakesh Jhunjhunwala Quotes
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The markets are like a weather; you may not like it but you have to bear it.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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Everything which is good in life is dicey, including pretty girls.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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Films are getting expensive by the day. They are making more money by the day.
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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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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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When the food at home is so tasty, why go out and eat?
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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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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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






