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.
RAKESH JHUNJHUNWALAIt is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
More Rakesh Jhunjhunwala Quotes
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Markets tend to shake you up before a bull run.
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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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All democratic societies eventually decide what is in favor of them.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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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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Films are getting expensive by the day. They are making more money by the day.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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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?
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I am an optimist by nature and I reserve the right to be wrong.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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My true gods are my parents. I am what I am because of them.
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When the food at home is so tasty, why go out and eat?
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I have far less than what people think, but far more than I need.
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Everything which is good in life is dicey, including pretty girls.
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I think true love – love, wine and beauty, they better with age.
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