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.
RAKESH JHUNJHUNWALAYou can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
More Rakesh Jhunjhunwala Quotes
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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My true gods are my parents. I am what I am because of them.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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.
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I 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.
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I think true love – love, wine and beauty, they better with age.
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Impossible is the word for fools in my dictionary.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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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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I am always capital short. If I see the opportunity, I will get the money.
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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.
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Markets tend to shake you up before a bull run.
RAKESH JHUNJHUNWALA