These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
RAKESH JHUNJHUNWALAInsurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
More Rakesh Jhunjhunwala Quotes
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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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I am an optimist by nature and I reserve the right to be wrong.
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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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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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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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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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Success 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.
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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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.
RAKESH JHUNJHUNWALA