I myself am a private equity investor.
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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There can be no greater well wisher for me in life than my mother.
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I know film industry is not a very healthy place to be in.
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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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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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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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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?
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
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I 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.
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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 am an optimist by nature and I reserve the right to be wrong.
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I don’t think Indian e-commerce companies have an evolved business model.
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I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA