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.
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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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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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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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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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.
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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 want to give more time to my children, my family, to my health.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA