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 JHUNJHUNWALAIn 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.
More Rakesh Jhunjhunwala Quotes
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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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Markets tend to shake you up before a bull run.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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Growth comes from chaos, not order.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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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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I am always capital short. If I see the opportunity, I will get the money.
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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 don’t think Indian e-commerce companies have an evolved business model.
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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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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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I think true love – love, wine and beauty, they better with age.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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.
RAKESH JHUNJHUNWALA






