When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALADraw 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.
More Rakesh Jhunjhunwala Quotes
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I do not think, like people say, that I am a guru or I know everything.
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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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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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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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Films are getting expensive by the day. They are making more money by the day.
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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.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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I myself am a private equity investor.
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