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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.

Rakesh Jhunjhunwala

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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA

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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
RAKESH JHUNJHUNWALA

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Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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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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I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA

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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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The government needs to send out a message to the business community that ‘we are on your side.’
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I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

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I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA

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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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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.
RAKESH JHUNJHUNWALA

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I do not think, like people say, that I am a guru or I know everything.
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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.
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I myself am a private equity investor.
RAKESH JHUNJHUNWALA

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