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.
RAKESH JHUNJHUNWALAYou 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.
More Rakesh Jhunjhunwala Quotes
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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 am an optimist by nature and I reserve the right to be wrong.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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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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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.
RAKESH JHUNJHUNWALA -
There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA -
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.
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Films are getting expensive by the day. They are making more money by the day.
RAKESH JHUNJHUNWALA -
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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All democratic societies eventually decide what is in favor of them.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA