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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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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
RAKESH JHUNJHUNWALA -
My true gods are my parents. I am what I am because of them.
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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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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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Films are getting expensive by the day. They are making more money by the day.
RAKESH JHUNJHUNWALA -
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.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA -
I have far less than what people think, but far more than I need.
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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.
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I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA -
I am an optimist by nature and I reserve the right to be wrong.
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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA