What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
RAKESH JHUNJHUNWALAWhen there’s doom and gloom, don’t forget there’s darkness before dawn.
More Rakesh Jhunjhunwala Quotes
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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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Markets tend to shake you up before a bull run.
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Draw 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.
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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 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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What India needs for prosperity is just ease of doing business.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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I don’t think Indian e-commerce companies have an evolved business model.
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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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I do not think, like people say, that I am a guru or I know everything.
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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA