In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALAMy 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.
More Rakesh Jhunjhunwala Quotes
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I know film industry is not a very healthy place to be in.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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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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Growth comes from chaos, not order.
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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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Not being dogmatic has helped me become a better stock-picker.
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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 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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I do not do any trading internationally.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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My true gods are my parents. I am what I am because of them.
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Films are getting expensive by the day. They are making more money by the day.
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Bull markets are Test matches and not 50-over games.
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