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.
RAKESH JHUNJHUNWALAI don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
More Rakesh Jhunjhunwala Quotes
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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The markets are like a weather; you may not like it but you have to bear it.
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I think true love – love, wine and beauty, they better with age.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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Impossible is the word for fools in my dictionary.
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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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I am an optimist by nature and I reserve the right to be wrong.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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Bull markets are Test matches and not 50-over games.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA