Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALAYou 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.
More Rakesh Jhunjhunwala Quotes
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I myself am a private equity investor.
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There can be no greater well wisher for me in life than my mother.
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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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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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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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.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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Films are getting expensive by the day. They are making more money by the day.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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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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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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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 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.
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Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA