Ahead of his new release, ‘Happy New Year’, Shah Rukh Khan has described his perspective on happiness.

The 48-year-old star said: "I understand being a loser and that's perhaps why I am a winner. At my level, you lose different things. “The fact is that life gives even losers a chance. It's also a fact that even though we celebrate the very few absolute winners, those who aren't winning are also happy. A lady might not be the best-looking woman, but she is happy too. Most people are happy without being the epitome of success. Happiness has nothing to do with winning or success."