I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALAI’d be lying if I said I didn’t like the money, but that’s not what motivates me.
More Rakesh Jhunjhunwala Quotes
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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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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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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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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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I do not think, like people say, that I am a guru or I know everything.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I have far less than what people think, but far more than I need.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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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’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA