I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALAI found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
More Rakesh Jhunjhunwala Quotes
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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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA -
When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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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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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA -
What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA -
In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALA -
I know film industry is not a very healthy place to be in.
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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA -
There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
RAKESH JHUNJHUNWALA