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.
RAKESH JHUNJHUNWALAAll democratic societies eventually decide what is in favor of them.
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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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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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Growth comes from chaos, not order.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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I am always capital short. If I see the opportunity, I will get the money.
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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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All democratic societies eventually decide what is in favor of them.
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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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There can be no greater well wisher for me in life than my mother.
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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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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALA