I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
RAKESH JHUNJHUNWALABut I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
More Rakesh Jhunjhunwala Quotes
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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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Films are getting expensive by the day. They are making more money by the day.
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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.
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There can be no greater well wisher for me in life than my mother.
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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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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.
RAKESH JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA -
Not being dogmatic has helped me become a better stock-picker.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
RAKESH JHUNJHUNWALA