In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
RAKESH JHUNJHUNWALAI myself am a private equity investor.
More Rakesh Jhunjhunwala Quotes
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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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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 think true love – love, wine and beauty, they better with age.
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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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When the food at home is so tasty, why go out and eat?
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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.
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Markets tend to shake you up before a bull run.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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I am an optimist by nature and I reserve the right to be wrong.
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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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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.
RAKESH JHUNJHUNWALA