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.
RAKESH JHUNJHUNWALAThe world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
More Rakesh Jhunjhunwala Quotes
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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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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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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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There can be no greater well wisher for me in life than my mother.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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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I do not do any trading internationally.
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I am an optimist by nature and I reserve the right to be wrong.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
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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.
RAKESH JHUNJHUNWALA