I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
RAKESH JHUNJHUNWALAThe 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.
More Rakesh Jhunjhunwala Quotes
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Growth comes from chaos, not order.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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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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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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I think true love – love, wine and beauty, they better with age.
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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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What India needs for prosperity is just ease of doing business.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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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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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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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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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALA






