The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
RAKESH JHUNJHUNWALAThere can be no greater well wisher for me in life than my mother.
More Rakesh Jhunjhunwala Quotes
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I am buying the most unpopular, most battered stocks, but then who knows?
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There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA -
What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA -
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 know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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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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All democratic societies eventually decide what is in favor of them.
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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I do not do any trading internationally.
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Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALA