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.
RAKESH JHUNJHUNWALAWhat is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
More Rakesh Jhunjhunwala Quotes
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Markets tend to shake you up before a bull run.
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I myself am a private equity investor.
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Growth comes from chaos, not order.
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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I have far less than what people think, but far more than I need.
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The markets are like a weather; you may not like it but you have to bear it.
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The government needs to send out a message to the business community that ‘we are on your side.’
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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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My true gods are my parents. I am what I am because of them.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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I do not do any trading internationally.
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You 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.
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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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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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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.
RAKESH JHUNJHUNWALA