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The government needs to send out a message to the business community that ‘we are on your side.’

Rakesh Jhunjhunwala

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Business Community Government Need Support

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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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There can be no greater well wisher for me in life than my mother.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA

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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
RAKESH JHUNJHUNWALA

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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
RAKESH JHUNJHUNWALA

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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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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

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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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Films are getting expensive by the day. They are making more money by the day.
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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

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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA

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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA

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