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.
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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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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Impossible is the word for fools in my dictionary.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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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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There can be no greater well wisher for me in life than my mother.
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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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What India needs for prosperity is just ease of doing business.
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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.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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Bull markets are Test matches and not 50-over games.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA