The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALAMarkets go up not because there is abundance of buyers, but because there is a lack of sellers.
More Rakesh Jhunjhunwala Quotes
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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Films are getting expensive by the day. They are making more money by the day.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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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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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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The markets are like a weather; you may not like it but you have to bear it.
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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.
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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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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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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.
RAKESH JHUNJHUNWALA