Rakesh Jhunjhunwala Quotes

Rakesh Jhunjhunwala

Profession : Businessman

Birth : July 5, 1960

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.

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

Growth comes from chaos, not order.

Rakesh Jhunjhunwala

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

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

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.

Rakesh Jhunjhunwala

I have a drink everyday in the evening.

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

We never extrapolate: In 1988, my net worth was Rs 1 crore and 1993, it was Rs 200 crore, this does not mean that in 2000, it is going to be Rs 800 crore. In 2002 also, my net worth was Rs 250 crore. We cannot extrapolate things. You take success with paranoia and it is always transient and temporary.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

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

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

Success should not make you think you are God's gift to mankind. You should never forget that you are what you are because God chose you to be there.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala