The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
RAKESH JHUNJHUNWALABull markets are Test matches and not 50-over games.
More Rakesh Jhunjhunwala Quotes
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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I don’t think Indian e-commerce companies have an evolved business model.
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Markets tend to shake you up before a bull run.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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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You 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.
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Everything which is good in life is dicey, including pretty girls.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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I myself am a private equity investor.
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The markets are like a weather; you may not like it but you have to bear it.
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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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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.
RAKESH JHUNJHUNWALA