I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALAWhat leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
More Rakesh Jhunjhunwala Quotes
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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.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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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 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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I have far less than what people think, but far more than I need.
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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 an optimist by nature and I reserve the right to be wrong.
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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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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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I do not think, like people say, that I am a guru or I know everything.
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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA