Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
RAKESH JHUNJHUNWALAI want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
More Rakesh Jhunjhunwala Quotes
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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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 am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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All democratic societies eventually decide what is in favor of them.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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When the food at home is so tasty, why go out and eat?
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Not being dogmatic has helped me become a better stock-picker.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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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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I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA