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.
RAKESH JHUNJHUNWALAIn commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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 know film industry is not a very healthy place to be in.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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I am buying the most unpopular, most battered stocks, but then who knows?
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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.
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Films are getting expensive by the day. They are making more money by the day.
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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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.
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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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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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What India needs for prosperity is just ease of doing business.
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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 am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA