The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALAI’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
More Rakesh Jhunjhunwala Quotes
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Everything which is good in life is dicey, including pretty girls.
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Impossible is the word for fools in my dictionary.
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I am always capital short. If I see the opportunity, I will get the money.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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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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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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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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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I have far less than what people think, but far more than I need.
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It 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.
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What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA