A Quote by 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.
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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.
I went to my dad when I was 17 and said, 'I want to be a country music star.' Which every dad loves to hear. And he said, 'I want you to go to college.' So we had a discussion. And I'm pretty stubborn. I'm a lot like him. And he said, 'If you go to college and graduate, I'll pay your first six months of rent in Nashville.' So he bribed me.
When I came back from Pakistan, I wanted to take computer classes nearby. I asked my brother. I was in my home, cooking for my family, and all our relatives and guests. But I said, "I want to live my life as a woman, but I want to study." But, he told me, "Just study at home, you don't need to go out." He said, "If you go to the courses, what will our relatives say? They will lose respect for us." They told me, "We know you're feeling different, but we cannot do anything about it."
When John said that he wanted me to play with him on piano, I told him that there were many others who were qualified. He said, 'I want you there because you can do it.'
The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.
My father told me, "Don't do anything that would bring shame to the family." I was always mindful of that. When I told him I wanted to pursue a career as an actor, my father said, "Look at what you see on television at the movies, is that what you want to be doing? Do you want to make a life out of that?" And I said, "Daddy, I'm going to change it".
I was always restless, always a roving spirit. When I was a little child I was always running away. I never got very far, but they were always having to come and fetch me. Once when I was about six, my father came to get me somewhere I'd gone, and he told me later he'd asked me, "Why are you so restless? Why can't you stay here with us?" and I said to him, "I want to go and see the world. I want to know the world like the palm of my hand.
I think there are a lot of people out there that are speculating in the stock market. They have all kinds of tech stocks or social media stocks. If you want to gamble in the stock market, I would much rather gamble on a mining stock than a social media stock.
Kami said, "I want you to go in there and vamp that receptionist." "What?" Ash said blankly. "You know," Kami said. "Dazzle her with your charms. Rock her world. Go on." [...] "What," Ash said, "all of us?" "Do you want to stand around trying to guess if she likes pretty boys or rough trade?" Jared asked, gesturing lazily from Ash to himself. "Excuse me, what did you just call yourself?" Ash demanded. "No, wait a second, I don't care. What did you just call me?
The stock market has gone up and if you are stock picking, that's fine, you may do a bit better than the market. But if you want to play in another game where you can get rapid increases of value and so on and so forth, this apparently has become the new parlour game, to invest in these companies and many their cases, the private equity that has been piling in onto of the venture capital is creating the unicorn, in other words the company with the $1 billion valuation.
A very poor kid came up to me after a talk and said 'I want to go blow up a factory.' I asked how old he was and he said 17. I said 'have you ever had sex?' He said 'no.' I said 'just remember if you get caught you aren't going to have sex for twenty years at least.' That's not saying that one person having sex is worth the salmon. I'm not saying it's a reason not to act, I'm saying don't be stupid.
I've always said that I didn't want to be given a job because I was a female, I wanted it because I was the most well-qualified person for the job. And making certain that companies are going to move forward in that vein, that is what women want.
When I was 15 or 16 and I started climbing up the ladder of success in amateur boxing, a reporter asked me, "What do you want to be?" I think he was expecting me to say, "A champion." I said, "I want to be special." I don't know why I said that, but I didn't just want to be a fighter. I wanted to have an impact with people, particularly kids.
An index fund is a fund that simply invests in all of the stocks in a market. So, for example, an index fund might invest in every single stock or almost every single stock in the U.S. market, it might invest in every single stock abroad, or it might invest in all of the bonds that are out there. And you can make a perfectly fine investing portfolio that mixes equal parts of all three of those.
My father, I never knew, except for this one time when he threw a ball and told me to go fetch it. "Dad," I said. "Am I a dog?" "Lydia," he said. "I apologize.
I remember when I interviewed at MSNBC, one of the first things they said to me was, 'In your tapes, you had a mustache, right?' I said, 'Yeah, I recently took it off.' I said, 'If you hire me, you get to decide if you want it or not.' They said, 'No, no, we're fine with it now.'
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