I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALAWhat India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
More Rakesh Jhunjhunwala Quotes
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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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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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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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Growth comes from chaos, not order.
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When the food at home is so tasty, why go out and eat?
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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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Impossible is the word for fools in my dictionary.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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.
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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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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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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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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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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.
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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
RAKESH JHUNJHUNWALA