I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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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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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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What India needs for prosperity is just ease of doing business.
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The markets are like a weather; you may not like it but you have to bear it.
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When the food at home is so tasty, why go out and eat?
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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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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 think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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I myself am a private equity investor.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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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.
RAKESH JHUNJHUNWALA