I am buying the most unpopular, most battered stocks, but then who knows?
RAKESH JHUNJHUNWALAThe world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
More Rakesh Jhunjhunwala Quotes
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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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All democratic societies eventually decide what is in favor of them.
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I know film industry is not a very healthy place to be in.
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I am always capital short. If I see the opportunity, I will get the 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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Impossible is the word for fools in my dictionary.
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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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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’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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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I think true love – love, wine and beauty, they better with age.
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
RAKESH JHUNJHUNWALA