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

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.

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.

Everything which is good in life is dicey, including pretty girls.

There’s a monumental difference in believing in God and believing God.

There is less difference than many suppose between the ideal Socialist system, in which the big businesses are run by the State, and the present Capitalist system, in which the State is run by the big businesses.

How can I explain the difference to me between America and Russia? the America I’ve known is a place where men on horseback escort union marchers, the Russia I’ve known is a place where men on horseback slaughter young Socialists and Jews.

They do what they do for money – that’s all. I don’t even know why you’re listening to me. I’ve done commercials for both Coke and Pepsi. Truth is, I can’t even taste the difference, but Pepsi paid me last, so there it is.

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All men are alike in their lower natures; it is in their higher characters that they differ.

A fool is a person who knows the difference between right and wrong, and chooses to do wrong.

We must continually remind ourselves that there is a difference between what is natural and what is actually good for us.