I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALAMarkets tend to shake you up before a bull run.
More Rakesh Jhunjhunwala Quotes
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I am buying the most unpopular, most battered stocks, but then who knows?
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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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You 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.
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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’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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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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There can be no greater well wisher for me in life than my mother.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA -
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?
RAKESH JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALA