See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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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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I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA -
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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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA -
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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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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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.
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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 think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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.
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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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I know film industry is not a very healthy place to be in.
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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA