Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALADraw 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.
More Rakesh Jhunjhunwala Quotes
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I don’t think Indian e-commerce companies have an evolved business model.
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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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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.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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I am always capital short. If I see the opportunity, I will get the money.
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I do not think, like people say, that I am a guru or I know everything.
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I think true love – love, wine and beauty, they better with age.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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I have far less than what people think, but far more than I need.
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I am an optimist by nature and I reserve the right to be wrong.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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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.
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I am buying the most unpopular, most battered stocks, but then who knows?
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Impossible is the word for fools in my dictionary.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
RAKESH JHUNJHUNWALA