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 JHUNJHUNWALANot being dogmatic has helped me become a better stock-picker.
More Rakesh Jhunjhunwala Quotes
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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.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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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All democratic societies eventually decide what is in favor of them.
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I am an optimist by nature and I reserve the right to be wrong.
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Impossible is the word for fools in my dictionary.
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The markets are like a weather; you may not like it but you have to bear it.
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Films are getting expensive by the day. They are making more money by the day.
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I know film industry is not a very healthy place to be in.
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People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
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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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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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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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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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.
RAKESH JHUNJHUNWALA