In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALAMarkets go up not because there is abundance of buyers, but because there is a lack of sellers.
More Rakesh Jhunjhunwala Quotes
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I started my life with Rs 5,000.
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I think true love – love, wine and beauty, they better with age.
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I am always capital short. If I see the opportunity, I will get the money.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I myself am a private equity investor.
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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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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.
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Films are getting expensive by the day. They are making more money by the day.
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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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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
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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.
RAKESH JHUNJHUNWALA