Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALAI want to give more time to my children, my family, to my health.
More Rakesh Jhunjhunwala Quotes
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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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Impossible is the word for fools in my dictionary.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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Growth comes from chaos, not order.
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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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Not being dogmatic has helped me become a better stock-picker.
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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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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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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 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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I want to give more time to my children, my family, to my health.
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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 JHUNJHUNWALA






