I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
RAKESH JHUNJHUNWALAWhat happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
More Rakesh Jhunjhunwala Quotes
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What India needs for prosperity is just ease of doing business.
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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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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I am an optimist by nature and I reserve the right to be wrong.
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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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Not being dogmatic has helped me become a better stock-picker.
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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.
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All democratic societies eventually decide what is in favor of them.
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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.
RAKESH JHUNJHUNWALA