Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALAMarkets go up not because there is abundance of buyers, but because there is a lack of sellers.
More Rakesh Jhunjhunwala Quotes
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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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Films are getting expensive by the day. They are making more money by the day.
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When the food at home is so tasty, why go out and eat?
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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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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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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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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There can be no greater well wisher for me in life than my mother.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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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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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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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA