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.
RAKESH JHUNJHUNWALAI made many mistakes but my triumphs have received far greater publicity than my failures.
More Rakesh Jhunjhunwala Quotes
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I’m not afraid of losing money, I’m afraid of sour relationships.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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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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I am buying the most unpopular, most battered stocks, but then who knows?
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I am an optimist by nature and I reserve the right to be wrong.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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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.
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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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 not giving so much of my wealth that I should feel that I am a philanthropist.
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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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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA