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 JHUNJHUNWALAWhen you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
More Rakesh Jhunjhunwala Quotes
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I know film industry is not a very healthy place to be in.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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When the food at home is so tasty, why go out and eat?
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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What India needs for prosperity is just ease of doing business.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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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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Not being dogmatic has helped me become a better stock-picker.
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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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The government needs to send out a message to the business community that ‘we are on your side.’
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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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The markets are like a weather; you may not like it but you have to bear it.
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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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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA