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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.

Rakesh Jhunjhunwala

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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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The government needs to send out a message to the business community that ‘we are on your side.’
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Films are getting expensive by the day. They are making more money by the day.
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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 true love – love, wine and beauty, they better with age.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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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?
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Economy Grow Opinion Survive Yourself
But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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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 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.
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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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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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My true gods are my parents. I am what I am because of them.
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