Business Quote by 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.”
About This Quote
Source Interview: Business Talk, 2020
Investors often buy stocks based on speculation and sell after the expected event occurs, regardless of actual performance.
In simple terms: Buy on rumor, sell on news.
Capitalize on market hype.
Themes
Mood
Type
When to use this quote
- trading strategies
- portfolio management
- risk assessment
- financial planning
Key Concepts
Questions to Reflect On
- How do you differentiate hype from genuine value?
- What safeguards can prevent loss from premature selling?
Market sentiment can shift quickly, making timing uncertain.