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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

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

Help Marketing Money People
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.
RAKESH JHUNJHUNWALA

Children Drink Father Friendship Myself Stock Young
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 JHUNJHUNWALA

Care Charity Father Generosity Money Pay Price Wealth Yourself
What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA

Abundance Growth Leadership Natural
I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA

Children Family Health Myself Time
Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA

Commitment End Investment Marketing Value
I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA

Generosity Kindness Money Myself People Person Small
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
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.
RAKESH JHUNJHUNWALA

Consumption Low Money People Price Run
When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA

Darkness Forget Hard Time Hope Inspirational Morning Motivational
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
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
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

Economy Grow Opinion Survive Yourself
I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALA

Afraid Lose Money Myself Relationship
There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
RAKESH JHUNJHUNWALA

Advancement Company Growth Power Technology Thinking World
In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
RAKESH JHUNJHUNWALA

Experience Goodness King Marketing Relationship Woman Yourself

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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