Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALAYou 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.
More Rakesh Jhunjhunwala Quotes
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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I do not think, like people say, that I am a guru or I know everything.
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Not being dogmatic has helped me become a better stock-picker.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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.
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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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There can be no greater well wisher for me in life than my mother.
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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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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.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALA