The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALAI am buying the most unpopular, most battered stocks, but then who knows?
More Rakesh Jhunjhunwala Quotes
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Everything which is good in life is dicey, including pretty girls.
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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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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
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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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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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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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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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I do not do any trading internationally.
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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’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA