In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALASuccess should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
More Rakesh Jhunjhunwala Quotes
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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.
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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My true gods are my parents. I am what I am because of them.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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There can be no greater well wisher for me in life than my mother.
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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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Markets tend to shake you up before a bull run.
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I am buying the most unpopular, most battered stocks, but then who knows?
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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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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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I am always capital short. If I see the opportunity, I will get the 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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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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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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Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA