I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALAWhen there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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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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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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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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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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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 do not do any trading internationally.
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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 want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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I don’t think Indian e-commerce companies have an evolved business model.
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
RAKESH JHUNJHUNWALA