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.
RAKESH JHUNJHUNWALAIn a marriage, in a relationship there should not be your money and my money. It has to be our money.
More Rakesh Jhunjhunwala Quotes
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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What India needs for prosperity is just ease of doing business.
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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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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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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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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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Films are getting expensive by the day. They are making more money by the day.
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I want to give more time to my children, my family, to my health.
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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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.
RAKESH JHUNJHUNWALA