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 JHUNJHUNWALAWhat India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
More Rakesh Jhunjhunwala Quotes
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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My true gods are my parents. I am what I am because of them.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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Growth comes from chaos, not order.
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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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I myself am a private equity investor.
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There can be no greater well wisher for me in life than my mother.
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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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.
RAKESH JHUNJHUNWALA






