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?
RAKESH JHUNJHUNWALAI’d be lying if I said I didn’t like the money, but that’s not what motivates me.
More Rakesh Jhunjhunwala Quotes
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I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA -
I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA -
I think true love – love, wine and beauty, they better with age.
RAKESH JHUNJHUNWALA -
I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA -
I am always capital short. If I see the opportunity, I will get the money.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
RAKESH JHUNJHUNWALA -
I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA -
I myself am a private equity investor.
RAKESH JHUNJHUNWALA -
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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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
RAKESH JHUNJHUNWALA -
The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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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.
RAKESH JHUNJHUNWALA