See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALAYou 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.
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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I do not do any trading internationally.
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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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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.
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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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Markets tend to shake you up before a bull run.
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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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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.
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Not being dogmatic has helped me become a better stock-picker.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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What India needs for prosperity is just ease of doing business.
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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 leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA