What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALAIn 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.
More Rakesh Jhunjhunwala Quotes
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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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Growth comes from chaos, not order.
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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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Not being dogmatic has helped me become a better stock-picker.
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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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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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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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Bull markets are Test matches and not 50-over games.
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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 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’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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