I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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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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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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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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When the food at home is so tasty, why go out and eat?
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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Impossible is the word for fools in my dictionary.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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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 reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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What India needs for prosperity is just ease of doing business.
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The government needs to send out a message to the business community that ‘we are on your side.’
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