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.
RAKESH JHUNJHUNWALAFilms are getting expensive by the day. They are making more money by the day.
More Rakesh Jhunjhunwala Quotes
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I’m not afraid of losing money, I’m afraid of sour relationships.
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What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA -
In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA -
I think true love – love, wine and beauty, they better with age.
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Everything which is good in life is dicey, including pretty girls.
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I don’t think Indian e-commerce companies have an evolved business model.
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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.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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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.
RAKESH JHUNJHUNWALA