When there’s doom and gloom, don’t forget there’s darkness before dawn.
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 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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Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
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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.
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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 true love – love, wine and beauty, they better with age.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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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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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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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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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’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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I have far less than what people think, but far more than I need.
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I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA