I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALAI 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.
More Rakesh Jhunjhunwala Quotes
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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.
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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 made many mistakes but my triumphs have received far greater publicity than my failures.
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When the food at home is so tasty, why go out and eat?
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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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I have far less than what people think, but far more than I need.
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I am always capital short. If I see the opportunity, I will get the money.
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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 is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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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.
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Films are getting expensive by the day. They are making more money by the day.
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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.
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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