The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALAThere 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.
More Rakesh Jhunjhunwala Quotes
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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 am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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I don’t think Indian e-commerce companies have an evolved business model.
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All democratic societies eventually decide what is in favor of them.
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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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I think true love – love, wine and beauty, they better with age.
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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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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 an optimist by nature and I reserve the right to be wrong.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
RAKESH JHUNJHUNWALA






