Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALAIt 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.
More Rakesh Jhunjhunwala Quotes
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Bull markets are Test matches and not 50-over games.
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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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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 think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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Everything which is good in life is dicey, including pretty girls.
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I want to give more time to my children, my family, to my health.
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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.
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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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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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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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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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Impossible is the word for fools in my dictionary.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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My true gods are my parents. I am what I am because of them.
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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.
RAKESH JHUNJHUNWALA