I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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 want to give more time to my children, my family, to my health.
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All democratic societies eventually decide what is in favor of them.
RAKESH JHUNJHUNWALA -
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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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Markets tend to shake you up before a bull run.
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I am buying the most unpopular, most battered stocks, but then who knows?
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Impossible is the word for fools in my dictionary.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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You 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.
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When the food at home is so tasty, why go out and eat?
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Bull markets are Test matches and not 50-over games.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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I do not think, like people say, that I am a guru or I know everything.
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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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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA