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

Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.

I do not do any trading internationally.

I have far less than what people think, but far more than I need.

I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.

I am buying the most unpopular, most battered stocks, but then who knows?

There can be no greater well wisher for me in life than my mother.

In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.

Growth comes from chaos, not order.

When there’s doom and gloom, don’t forget there’s darkness before dawn.

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.

When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.

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.

Not being dogmatic has helped me become a better stock-picker.

What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.

No matter how exceptional your product, you won’t benefit financially if you can’t sell it.

The financial markets play an active role in determining what’s going to happen, how the economy is going to function.

The average result has to be the average result. By definition, everybody can’t beat the market. As I always say, the iron rule of life is that only 20% of the people can be in the top fifth. That’s just the way it is.

Authentic brands don’t emerge from marketing cubicles or advertising agencies. They emanate from everything the company does.

Social marketing is now a 24-7 job.

In order to be a great marketer, you have to be focused and intense and look at scarcity, urgency, activity and passion in the marketplace.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation’s lower than expected, bonds go up.