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I started my life with Rs 5,000.

Rakesh Jhunjhunwala

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.
RAKESH JHUNJHUNWALA

Equality Foundation Government Myself Quality Social Togetherness
When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA

Darkness Forget Hard Time Hope Inspirational Morning Motivational
Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA

Deep Growth One Liner Order
It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
RAKESH JHUNJHUNWALA

Change Humanity Myself Progress
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA

Marketing Myself Mystery Price Stock Thinking Wonder
You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
RAKESH JHUNJHUNWALA

Artificial Beyond Growth Hope Yourself
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.
RAKESH JHUNJHUNWALA

Knowledge Learning Mistake Money Patience People Rich Yourself
I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA

Myself Need People Thinking
In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
RAKESH JHUNJHUNWALA

Demand Economics Marketing Price Stock
The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
RAKESH JHUNJHUNWALA

Born Change Country Growth Stock
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 JHUNJHUNWALA

Advice Difficult Future Greatness Home Present Security Try Yourself
You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
RAKESH JHUNJHUNWALA

Business Clothes Funny Hide Important Investment Learning Mathematics Myself Reading Stock
My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
RAKESH JHUNJHUNWALA

Care Charity Father Generosity Money Pay Price Wealth Yourself
I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
RAKESH JHUNJHUNWALA

Afraid Important Limitation Mistake Yourself
I know film industry is not a very healthy place to be in.
RAKESH JHUNJHUNWALA

Health Movie Myself Place
The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
RAKESH JHUNJHUNWALA

Capital Death Destination Government Growth Journey Limitation Reality
But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA

Command Excitement Joke Marketing Myself Mysterious Woman
There can be no greater well wisher for me in life than my mother.
RAKESH JHUNJHUNWALA

Care Greatness Life Mom Myself
I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
RAKESH JHUNJHUNWALA

Lying Money Motivational Myself
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.
RAKESH JHUNJHUNWALA

Advancement Company Growth Power Technology Thinking World
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.
RAKESH JHUNJHUNWALA

Business Logic Modeling Myself People Understand
I started my life with Rs 5,000.
RAKESH JHUNJHUNWALA

Beginning Life Money Myself Start
Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA

Beautiful Goodness Life Woman
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?
RAKESH JHUNJHUNWALA

Economy Grow Opinion Survive Yourself
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.
RAKESH JHUNJHUNWALA

Different Faith Growth Marketing Money Return Stock Yourself
My true gods are my parents. I am what I am because of them.
RAKESH JHUNJHUNWALA

God Gratitude Love Myself Parents True
I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA

Feeling Myself Wealth

I started my life with Rs 5,000.

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I started my life with Rs 5,000.

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