Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALANot being dogmatic has helped me become a better stock-picker.
More Rakesh Jhunjhunwala Quotes
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Impossible is the word for fools in my dictionary.
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I have far less than what people think, but far more than I need.
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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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All democratic societies eventually decide what is in favor of them.
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Bull markets are Test matches and not 50-over games.
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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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There can be no greater well wisher for me in life than my mother.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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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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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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I am buying the most unpopular, most battered stocks, but then who knows?
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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 made many mistakes but my triumphs have received far greater publicity than my failures.
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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.
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