When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALAI 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.
More Rakesh Jhunjhunwala Quotes
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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.
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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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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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There can be no greater well wisher for me in life than my mother.
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I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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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The government needs to send out a message to the business community that ‘we are on your side.’
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I am an optimist by nature and I reserve the right to be wrong.
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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.
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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