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 JHUNJHUNWALAThe markets are like a weather; you may not like it but you have to bear it.
More Rakesh Jhunjhunwala Quotes
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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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I don’t think Indian e-commerce companies have an evolved business model.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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I have far less than what people think, but far more than I need.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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I do not do any trading internationally.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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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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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
RAKESH JHUNJHUNWALA