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.
RAKESH JHUNJHUNWALAApart 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.
More Rakesh Jhunjhunwala Quotes
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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.
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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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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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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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I am an optimist by nature and I reserve the right to be wrong.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I know film industry is not a very healthy place to be in.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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I do not do any trading internationally.
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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?
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I don’t think Indian e-commerce companies have an evolved business model.
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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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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.
RAKESH JHUNJHUNWALA