I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALAWhen 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.
More Rakesh Jhunjhunwala Quotes
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I am always capital short. If I see the opportunity, I will get the money.
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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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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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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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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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Impossible is the word for fools in my dictionary.
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I am an optimist by nature and I reserve the right to be wrong.
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I do not think, like people say, that I am a guru or I know everything.
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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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I don’t think Indian e-commerce companies have an evolved business model.
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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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I know film industry is not a very healthy place to be in.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA






