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.
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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Not being dogmatic has helped me become a better stock-picker.
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I think true love – love, wine and beauty, they better with age.
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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I know film industry is not a very healthy place to be in.
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Markets tend to shake you up before a bull run.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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Bull markets are Test matches and not 50-over games.
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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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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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I want to give more time to my children, my family, to my health.
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I myself am a private equity investor.
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I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA