When the food at home is so tasty, why go out and eat?
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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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I myself am a private equity investor.
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I think true love – love, wine and beauty, they better with age.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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Everything which is good in life is dicey, including pretty girls.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA