I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALAMy 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?
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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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.
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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 world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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There can be no greater well wisher for me in life than my mother.
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What India needs for prosperity is just ease of doing business.
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Markets tend to shake you up before a bull run.
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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.
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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.
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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.
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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.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA