I do not do any trading internationally.
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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Markets tend to shake you up before a bull run.
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The government needs to send out a message to the business community that ‘we are on your side.’
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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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I don’t think Indian e-commerce companies have an evolved business model.
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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 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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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I started my life with Rs 5,000.
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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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All democratic societies eventually decide what is in favor of them.
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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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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 do not think, like people say, that I am a guru or I know everything.
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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.
RAKESH JHUNJHUNWALA