Growth comes from chaos, not order.
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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Not being dogmatic has helped me become a better stock-picker.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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I am always capital short. If I see the opportunity, I will get the money.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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When the food at home is so tasty, why go out and eat?
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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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Bull markets are Test matches and not 50-over games.
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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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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?
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA