See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALAWhen there’s doom and gloom, don’t forget there’s darkness before dawn.
More Rakesh Jhunjhunwala Quotes
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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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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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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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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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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
RAKESH JHUNJHUNWALA -
The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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I am always capital short. If I see the opportunity, I will get the money.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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I think true love – love, wine and beauty, they better with age.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALA