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.
RAKESH JHUNJHUNWALAI 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.
More Rakesh Jhunjhunwala Quotes
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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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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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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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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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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.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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Growth comes from chaos, not order.
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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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The markets are like a weather; you may not like it but you have to bear it.
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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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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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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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