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.
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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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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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 am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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These 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.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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My true gods are my parents. I am what I am because of them.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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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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I myself am a private equity investor.
RAKESH JHUNJHUNWALA