Customer Quote by Rakesh Jhunjhunwala
“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.”
About This Quote
Source Interview: Business Today, India, 2020
Markets are unpredictable; modeling helps, but ultimate outcomes remain unknowable.
In simple terms: You can’t fully predict markets; only try.
Key Takeaway
Use models as guides, not certainties.
Themes
uncertainty
finance
prediction
risk
faith
Mood
cautious
reflective
pragmatic
Type
financial
analytical
philosophical
When to use this quote
- investors
- analysts
- traders
- financial planners
Key Concepts
probabilistic modeling
behavioral economics
risk management
Questions to Reflect On
- How do you balance model confidence with uncertainty?
- What safeguards prevent over‑confidence?
A Different Perspective
Overreliance on models can cause complacency.
