My true gods are my parents. I am what I am because of them.
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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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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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I started my life with Rs 5,000.
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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’d be lying if I said I didn’t like the money, but that’s not what motivates me.
RAKESH JHUNJHUNWALA -
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.
RAKESH JHUNJHUNWALA -
Films are getting expensive by the day. They are making more money by the day.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA -
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?
RAKESH JHUNJHUNWALA -
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 know film industry is not a very healthy place to be in.
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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
RAKESH JHUNJHUNWALA