I myself am a private equity investor.
RAKESH JHUNJHUNWALAInsurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
More Rakesh Jhunjhunwala Quotes
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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My true gods are my parents. I am what I am because of them.
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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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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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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.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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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 made many mistakes but my triumphs have received far greater publicity than my failures.
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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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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 biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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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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.
RAKESH JHUNJHUNWALA






