The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALAThe first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
More Rakesh Jhunjhunwala Quotes
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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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.
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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.
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Everything which is good in life is dicey, including pretty girls.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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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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There can be no greater well wisher for me in life than my mother.
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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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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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.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA