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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.

Rakesh Jhunjhunwala

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Creation Fear Myself Necessary Thinking

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There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA

Care Greatness Life Mom Myself
I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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Business Logic Modeling Myself People Understand
All democratic societies eventually decide what is in favor of them.
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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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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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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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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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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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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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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 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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Celebration Day Important Life Myself Perspective Reflection
I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA

Creation Fear Myself Necessary Thinking
The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA

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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I started my life with Rs 5,000.
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