“I made many mistakes but my triumphs have received far greater publicity than my failures.”

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.

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

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.

failure is a feeling long before it’s an actual result.

We’ve had to handle defeat many times, and you can’t drawn any conclusions.

In order to succeed, your desire for success should be greater than your fear of failure.

Ninety-nine percent of leadership failures are failures of character.

To not move around, observe, and analyze, in order to make the best decisions possible, was to fail as a leader and fail the team.

Failure is a feeling long before it becomes an actual result

I grew up with a disabled dad in a too-small house with not much money in a starting-to-fail neighborhood, and I also grew up surrounded by love and music in a diverse city in a country where an education can take you far. I had nothing or I had everything. It depends on which way you want to tell it.

His realistic assessment, acknowledgment of failure, and ownership of the problem were key to developing a plan to improve performance and ultimately win.