I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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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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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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Not being dogmatic has helped me become a better stock-picker.
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I started my life with Rs 5,000.
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Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALA -
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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA -
I have far less than what people think, but far more than I need.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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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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All democratic societies eventually decide what is in favor of them.
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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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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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There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA