I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALAThe markets are like a weather; you may not like it but you have to bear it.
More Rakesh Jhunjhunwala Quotes
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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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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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The government needs to send out a message to the business community that ‘we are on your side.’
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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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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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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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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I myself am a private equity investor.
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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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Impossible is the word for fools in my dictionary.
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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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