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.
RAKESH JHUNJHUNWALABull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
More Rakesh Jhunjhunwala Quotes
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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 always capital short. If I see the opportunity, I will get the money.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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I don’t think Indian e-commerce companies have an evolved business model.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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When the food at home is so tasty, why go out and eat?
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I do not do any trading internationally.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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Films are getting expensive by the day. They are making more money by the day.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA