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.
RAKESH JHUNJHUNWALAIf 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.
More Rakesh Jhunjhunwala Quotes
-
-
The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA -
What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALA -
Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA -
There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
RAKESH 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 JHUNJHUNWALA -
I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA -
I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA -
In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
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 JHUNJHUNWALA -
I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA -
I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA -
Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
RAKESH JHUNJHUNWALA