Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA
RAKESH JHUNJHUNWALA
Rakesh Jhunjhunwala on abundance
Rakesh Jhunjhunwala84 quotes“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 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala I am not giving so much of my wealth that I should feel that I am a philanthropist.
Rakesh JhunjhunwalaRakesh Jhunjhunwala I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
Rakesh JhunjhunwalaRakesh Jhunjhunwala I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
Rakesh JhunjhunwalaRakesh Jhunjhunwala Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
Rakesh JhunjhunwalaRakesh Jhunjhunwala You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
Rakesh JhunjhunwalaRakesh Jhunjhunwala You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
Rakesh JhunjhunwalaRakesh Jhunjhunwala But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala What India needs for prosperity is just ease of doing business.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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?
Rakesh JhunjhunwalaRakesh Jhunjhunwala All democratic societies eventually decide what is in favor of them.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala
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John GreenJohn Green To live a pure unselfish life, one must count nothing as one’s own in the midst of abundance.
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Pope FrancisPope Francis You don’t remember what happened. What you remember becomes what happened.
John GreenJohn Green The good news is that the moment you decide that what you know is more important than what you have been taught to believe, you will have shifted gears in your quest for abundance. Success comes from within, not from without.
Ralph Waldo EmersonRalph Waldo Emerson Abundance is the quality of life you live and quality of life you give to others.
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EuripidesEuripides Economic growth without social progress lets the great majority of the people remain in poverty, while a privileged few reap the benefits of rising abundance.
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