Top 100 Quotes & Sayings by Rakesh Jhunjhunwala
Explore popular quotes and sayings by an Indian businessman Rakesh Jhunjhunwala.
Last updated on April 14, 2025.
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.
I am buying the most unpopular, most battered stocks, but then who knows?
The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
I have far less than what people think, but far more than I need.
I am extremely bullish in the longer period.
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.
What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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.
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.
Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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.
In a marriage, in a relationship there should not be your money and my money. It has to be our money.
I told my father I wanted to go to the stock market. My father reacted by telling me not to ask him or any of his friends for money. He, however, told me that I could live in the house in Mumbai and that if I did not do well in the market I could always earn my livelihood as chartered accountant. This sense of security really drove me in life.
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 want to give more time to my children, my family, to my health.
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.
There can be no greater well wisher for me in life than my mother.
I love to read and watch movies.
Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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.
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 government needs to send out a message to the business community that 'we are on your side.'
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.
Growth comes from chaos, not order.
The markets are like a weather; you may not like it but you have to bear it.
When there's doom and gloom, don't forget there's darkness before dawn.
I started my life with Rs 5,000.
I am an optimist by nature and I reserve the right to be wrong.
When the food at home is so tasty, why go out and eat?
I don't think Indian e-commerce companies have an evolved business model.
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.
See, I'm a risk taker. If I feel very opinionated, I can really put the money on the table.
I have a drink everyday in the evening.
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.
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.
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.
What leads to a growth - skills, demographics, natural resources, democracy, entrepreneurship - India has in abundant measure.
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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.
Believe me, I do not go to Delhi, I do not know anybody in Delhi.
I made many mistakes but my triumphs have received far greater publicity than my failures.
I myself am a private equity investor.
Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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 true love - love, wine and beauty, they better with age.
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.
I cannot say no for anything to my daughter.
Everything which is good in life is dicey, including pretty girls.
My true gods are my parents. I am what I am because of them.
I have two interests in life - markets and women. Both are concerned with four letter words - markets with the risk and woman with love.
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.
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.
In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
I'm not a clone of anybody. I'm Rakesh Jhunjhunwala.
My father was a person who always allowed me to do what I wanted but he told me you want to go to a stock market, first get yourself qualified. So, I qualified myself as a chartered accountant and my dad said what do you want to do? I said I want to go to the stock market. He asked what will you do? I said I invest.
The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
I've lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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.
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.
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