“I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.”

The 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.

My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.

I am not giving so much of my wealth that I should feel that I am a philanthropist.

I 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.

I’d be lying if I said I didn’t like the money, but that’s not what motivates me.

Apart 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.

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.

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.

But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.

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.

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.

What India needs for prosperity is just ease of doing business.

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.

Markets go up not because there is abundance of buyers, but because there is a lack of sellers.

When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.

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?

Starbucks is not an advertiser; people think we are a great marketing company, but in fact we spend very little money on marketing and more money on training our people than advertising.

I’d rather spend money on things that improve the customer experience than on marketing.

To make money in the markets, you have to think independently and be humble.

What the market tells you in the short term is what a certain subset of people believe. That doesn’t mean they’re right.

Everyone can benefit from seeing smart marketing.

He who puts a product upon the market as it demands, controls that market, regardless of color. It is simply a survival of the fittest.

You cannot go beyond a certain limit in your expenditure if you want to bring back money from your local market, which is very small after Pakistan.

But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.