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 JHUNJHUNWALASee, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
More Rakesh Jhunjhunwala Quotes
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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Bull markets are Test matches and not 50-over games.
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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Not being dogmatic has helped me become a better stock-picker.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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.
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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 leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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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I am always capital short. If I see the opportunity, I will get the money.
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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 think true love – love, wine and beauty, they better with age.
RAKESH JHUNJHUNWALA






