Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
RAKESH JHUNJHUNWALAI want to give more time to my children, my family, to my health.
More Rakesh Jhunjhunwala Quotes
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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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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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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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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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I do not do any trading internationally.
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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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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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I have far less than what people think, but far more than I need.
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When the food at home is so tasty, why go out and eat?
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA