In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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 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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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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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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Impossible is the word for fools in my dictionary.
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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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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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Not being dogmatic has helped me become a better stock-picker.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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 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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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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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 also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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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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All democratic societies eventually decide what is in favor of them.
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My true gods are my parents. I am what I am because of them.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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I am an optimist by nature and I reserve the right to be wrong.
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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA