What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALAI don’t think Indian e-commerce companies have an evolved business model.
More Rakesh Jhunjhunwala Quotes
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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I know film industry is not a very healthy place to be in.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
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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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Impossible is the word for fools in my dictionary.
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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.
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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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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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Not being dogmatic has helped me become a better stock-picker.
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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 am an optimist by nature and I reserve the right to be wrong.
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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.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALA