100 Quotes by Rakesh Jhunjhunwala

What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.

I do not think Tesla can last but that does not mean I am going to short it.

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.

I have far less than what people think, but far more than I need.

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

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 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.

In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.

My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?