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.
RAKESH JHUNJHUNWALAThese dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
More Rakesh Jhunjhunwala Quotes
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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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I am an optimist by nature and I reserve the right to be wrong.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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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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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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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
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When the food at home is so tasty, why go out and eat?
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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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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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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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I know film industry is not a very healthy place to be in.
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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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What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA