Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALAI 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.
More Rakesh Jhunjhunwala Quotes
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I think true love – love, wine and beauty, they better with age.
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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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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I am buying the most unpopular, most battered stocks, but then who knows?
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Growth comes from chaos, not order.
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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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All democratic societies eventually decide what is in favor of them.
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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 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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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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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA