I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALAI am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
More Rakesh Jhunjhunwala Quotes
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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I have far less than what people think, but far more than I need.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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I started my life with Rs 5,000.
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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’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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I am buying the most unpopular, most battered stocks, but then who knows?
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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Growth comes from chaos, not order.
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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.
RAKESH JHUNJHUNWALA