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 JHUNJHUNWALAI 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.
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 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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I know film industry is not a very healthy place to be in.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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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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I am buying the most unpopular, most battered stocks, but then who knows?
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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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The markets are like a weather; you may not like it but you have to bear it.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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 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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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 do not do any trading internationally.
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