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.
RAKESH JHUNJHUNWALAI don’t think Indian e-commerce companies have an evolved business model.
More Rakesh Jhunjhunwala Quotes
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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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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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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.
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I do not think, like people say, that I am a guru or I know everything.
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I think true love – love, wine and beauty, they better with age.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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Films are getting expensive by the day. They are making more money by the day.
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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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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA






