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 JHUNJHUNWALAI 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.
More Rakesh Jhunjhunwala Quotes
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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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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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I do not do any trading internationally.
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Everything which is good in life is dicey, including pretty girls.
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I do not think, like people say, that I am a guru or I know everything.
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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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I myself am a private equity investor.
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I have far less than what people think, but far more than I need.
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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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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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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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All democratic societies eventually decide what is in favor of them.
RAKESH JHUNJHUNWALA