You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
RAKESH JHUNJHUNWALAThe government needs to send out a message to the business community that ‘we are on your side.’
More Rakesh Jhunjhunwala Quotes
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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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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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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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Impossible is the word for fools in my dictionary.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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I don’t think Indian e-commerce companies have an evolved business model.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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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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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 want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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Films are getting expensive by the day. They are making more money by the day.
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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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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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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
RAKESH JHUNJHUNWALA