“The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.”

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.

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.

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.

Not being dogmatic has helped me become a better stock-picker.

What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.

I think true love – love, wine and beauty, they better with age.

People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.

I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.

What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.

I don’t think Indian e-commerce companies have an evolved business model.

These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.

Bull markets are Test matches and not 50-over games.

I started my life with Rs 5,000.

Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.

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.

See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.

To be ignorant of what occurred before you were born is to remain always a child. For what is the worth of human life, unless it is woven into the life of our ancestors by the records of history?

Beginning, before it becomes a historical event, is the supreme capacity of man; politically, it is identified with man’s freedom. ‘That a beginning be made man was created’ said Augustine. This beginning is guaranteed by each new birth; it is indeed every man.

Just remember: I love you, and love yourselves. ’cause, little monsters, you were born that way baby.

Oft hope is born when all is forlorn.

One is not born a genius, one becomes a genius; and the feminine situation has up to the present rendered this becoming practically impossible.

The length of the journey has to be borne with, for every moment is necessary.

We are all born so beautiful the greatest tragedy is being convinced we are not.

I was born and reborn continuously, different people draw different me.