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 JHUNJHUNWALAI am an optimist by nature and I reserve the right to be wrong.
More Rakesh Jhunjhunwala Quotes
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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 -
I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA -
Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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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 -
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.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
RAKESH JHUNJHUNWALA -
I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALA -
When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALA -
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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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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The markets are like a weather; you may not like it but you have to bear it.
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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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My true gods are my parents. I am what I am because of them.
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I am buying the most unpopular, most battered stocks, but then who knows?
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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.
RAKESH JHUNJHUNWALA