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.
RAKESH JHUNJHUNWALAI’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
More Rakesh Jhunjhunwala Quotes
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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I am an optimist by nature and I reserve the right to be wrong.
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I myself am a private equity investor.
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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?
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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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All democratic societies eventually decide what is in favor of them.
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I have far less than what people think, but far more than I need.
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There can be no greater well wisher for me in life than my mother.
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What India needs for prosperity is just ease of doing business.
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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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My true gods are my parents. I am what I am because of them.
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I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA