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.
RAKESH JHUNJHUNWALAYou can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
More Rakesh Jhunjhunwala Quotes
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It 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.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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Not being dogmatic has helped me become a better stock-picker.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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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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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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 always capital short. If I see the opportunity, I will get the money.
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Markets tend to shake you up before a bull run.
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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA