What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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Markets tend to shake you up before a bull run.
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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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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 India needs for prosperity is just ease of doing business.
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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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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I think true love – love, wine and beauty, they better with age.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
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I started my life with Rs 5,000.
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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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The markets are like a weather; you may not like it but you have to bear 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.
RAKESH JHUNJHUNWALA