I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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Everything which is good in life is dicey, including pretty girls.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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Impossible is the word for fools in my dictionary.
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What India needs for prosperity is just ease of doing business.
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I don’t think Indian e-commerce companies have an evolved business model.
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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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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 have far less than what people think, but far more than I need.
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The government needs to send out a message to the business community that ‘we are on your side.’
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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There can be no greater well wisher for me in life than my mother.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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I am always capital short. If I see the opportunity, I will get the money.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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I think true love – love, wine and beauty, they better with age.
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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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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I myself am a private equity investor.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
RAKESH JHUNJHUNWALA