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.
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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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.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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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My true gods are my parents. I am what I am because of them.
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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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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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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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.
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All democratic societies eventually decide what is in favor of them.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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The markets are like a weather; you may not like it but you have to bear it.
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I do not do any trading internationally.
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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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I think true love – love, wine and beauty, they better with age.
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Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA