When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALADraw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
More Rakesh Jhunjhunwala Quotes
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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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Not being dogmatic has helped me become a better stock-picker.
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I do not do any trading internationally.
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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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Bull markets are Test matches and not 50-over games.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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 started my life with Rs 5,000.
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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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Films are getting expensive by the day. They are making more money by the day.
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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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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA