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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?

Rakesh Jhunjhunwala

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.
RAKESH JHUNJHUNWALA

Family Friendship Laughter Life Myself Parents People Wife
I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA

Beginning Life Money Myself Start
In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALA

Marriage Money Ourselves Relationship
I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA

Business Company Evolution Growth Modeling Myself Thinking
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.
RAKESH JHUNJHUNWALA

Company Feeling Marketing Performance Price Yourself
The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA

Marketing Weather Yourself
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

Advice Difficult Future Greatness Home Present Security Try Yourself
I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
RAKESH JHUNJHUNWALA

Investment Manipulation Marketing Myself People Stock Thinking True
Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA

Deep Growth One Liner Order
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.
RAKESH JHUNJHUNWALA

Born Change Country Growth Stock
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

Advice Best Care Glorious Mistake People Philosophy Talk Time Worst Yourself
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.
RAKESH JHUNJHUNWALA

Business Clothes Funny Hide Important Investment Learning Mathematics Myself Reading Stock
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.
RAKESH JHUNJHUNWALA

Affective Alone Cost Myself Resources Stand Water Work
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.
RAKESH JHUNJHUNWALA

Artificial Beyond Growth Hope Yourself
But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA

Command Excitement Joke Marketing Myself Mysterious Woman
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

Change Humanity Myself Progress

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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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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