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.
RAKESH JHUNJHUNWALAEverything which is good in life is dicey, including pretty girls.
More Rakesh Jhunjhunwala Quotes
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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 JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA -
I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
RAKESH JHUNJHUNWALA -
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 -
Films are getting expensive by the day. They are making more money by the day.
RAKESH JHUNJHUNWALA -
When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALA -
The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA -
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 do not do any trading internationally.
RAKESH JHUNJHUNWALA -
I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA -
I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALA -
What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA