I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
RAKESH JHUNJHUNWALAMarkets tend to shake you up before a bull run.
More Rakesh Jhunjhunwala Quotes
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I think true love – love, wine and beauty, they better with age.
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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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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I know film industry is not a very healthy place to be in.
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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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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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Impossible is the word for fools in my dictionary.
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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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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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 am always capital short. If I see the opportunity, I will get the money.
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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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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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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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