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 JHUNJHUNWALAMarkets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
More Rakesh Jhunjhunwala Quotes
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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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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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I am an optimist by nature and I reserve the right to be wrong.
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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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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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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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I think true love – love, wine and beauty, they better with age.
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I do not think, like people say, that I am a guru or I know everything.
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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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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 think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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All democratic societies eventually decide what is in favor of them.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA