I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALAThe first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
More Rakesh Jhunjhunwala Quotes
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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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All democratic societies eventually decide what is in favor of them.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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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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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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When the food at home is so tasty, why go out and eat?
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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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Everything which is good in life is dicey, including pretty girls.
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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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Bull markets are Test matches and not 50-over games.
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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 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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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA