I’m not afraid of losing money, I’m afraid of sour relationships.
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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Everything which is good in life is dicey, including pretty girls.
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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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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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 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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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA -
These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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Impossible is the word for fools in my dictionary.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA -
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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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.
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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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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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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALA