I do not do any trading internationally.
RAKESH JHUNJHUNWALAYou 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.
More Rakesh Jhunjhunwala Quotes
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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Not being dogmatic has helped me become a better stock-picker.
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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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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 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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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.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
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When the food at home is so tasty, why go out and eat?
RAKESH JHUNJHUNWALA -
I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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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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I know film industry is not a very healthy place to be in.
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I started my life with Rs 5,000.
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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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The government needs to send out a message to the business community that ‘we are on your side.’
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
RAKESH JHUNJHUNWALA