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.
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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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Everything which is good in life is dicey, including pretty girls.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALA -
Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA -
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA -
All democratic societies eventually decide what is in favor of them.
RAKESH JHUNJHUNWALA -
I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA -
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 JHUNJHUNWALA -
I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA -
I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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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.
RAKESH JHUNJHUNWALA -
The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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 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 JHUNJHUNWALA






