Top 55 Rakesh Jhunjhunwala Quotes

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.

Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.

When there’s doom and gloom, don’t forget there’s darkness before dawn.

I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.

Markets tend to shake you up before a bull run.

I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.

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

I know film industry is not a very healthy place to be in.

The markets are like a weather; you may not like it but you have to bear it.

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

Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.

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

I’d be lying if I said I didn’t like the money, but that’s not what motivates me.

I myself am a private equity investor.

But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.

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.

I am always capital short. If I see the opportunity, I will get the money.

Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.

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.

You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.

What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.

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.

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.

It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.

If I have a fever, I take a Crocin but my wife calls a doctor, my mother calls a doctor. Similarly, investing is not something which a doctor or a lawyer or Internet specialist can really understand. Take professional advice, plan.

What India needs for prosperity is just ease of doing business.

I started my life with Rs 5,000.

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.

The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.

No, I do not trade Euros. There is no Euro trading in India.

Films are getting expensive by the day. They are making more money by the day.

I do not think, like people say, that I am a guru or I know everything.

When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.

Everything which is good in life is dicey, including pretty girls.

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

In a marriage, in a relationship there should not be your money and my money. It has to be our money.

I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.

My true gods are my parents. I am what I am because of them.

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.

I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.

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.

I want to give more time to my children, my family, to my health.

I love to read and watch movies.

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?

The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.

Children malnourished at age 5 tend to suffer permanent physical and mental damage. So if I can save a child from malnutrition, I find it has an extremely favorable risk-reward ratio – the cost I incur versus the overall benefit that I can bring to society.

Believe me, I do not go to Delhi, I do not know anybody in Delhi.

I am extremely bullish in the longer period.

One thing which keeps me apart is that I have got guts. I may have Rs 1,000 in my bank but if I think the deal is worth a crore – I will do it.

Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.

I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.

I’m not afraid of losing money, I’m afraid of sour relationships.

If the NDA doesn’t get a majority, that will not upset the market so much… but a situation where the BJP and NDA are not able to form the government that will be very troublesome for the market. But I think that is not likely.

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.

What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.