You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
RAKESH JHUNJHUNWALAAll democratic societies eventually decide what is in favor of them.
More Rakesh Jhunjhunwala Quotes
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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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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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Impossible is the word for fools in my dictionary.
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Not being dogmatic has helped me become a better stock-picker.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA -
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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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My true gods are my parents. I am what I am because of them.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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Growth comes from chaos, not order.
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When the food at home is so tasty, why go out and eat?
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Markets tend to shake you up before a bull run.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA