Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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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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 think true love – love, wine and beauty, they better with age.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I do not do any trading internationally.
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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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What India needs for prosperity is just ease of doing business.
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I do not think, like people say, that I am a guru or I know everything.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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I am an optimist by nature and I reserve the right to be wrong.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA






