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?
RAKESH JHUNJHUNWALAI do not think, like people say, that I am a guru or I know everything.
More Rakesh Jhunjhunwala Quotes
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What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
RAKESH JHUNJHUNWALA -
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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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 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.
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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 JHUNJHUNWALA -
Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA -
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA -
When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA






