“When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.”

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.

Not being dogmatic has helped me become a better stock-picker.

What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.

I think true love – love, wine and beauty, they better with age.

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.

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.

What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.

I don’t think Indian e-commerce companies have an evolved business model.

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.

Bull markets are Test matches and not 50-over games.

I started my life with Rs 5,000.

Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.

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.

See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.

Everything which is good in life is dicey, including pretty girls.

My true gods are my parents. I am what I am because of them.

Don’t take a butcher’s advice on how to cook meat. If he knew, he’d be a chef.

If you want an enemy, the soul (nafs) is sufficient. If you want advice, death is sufficient.

I am mad, I am going under, I must follow the advice of a friend, and pay no heed to myself.

My most useful acting tip came from my pal John Wayne. Talk low, talk slow, and don’t say too much.

Jill, we became parents so we could tell our kids what to do. Otherwise we’re just the tallest people living here.

I guess the best advice I ever got or anyone could get for doing a talk show, though it has not been easy very often, was from Jack Paar, who said, ‘Kid, don’t make it an interview. Interviews have clipboards, and you’re like David Frost. Make it a conversation.’

Having sisters is the best. I have a different relationship with each of them. I go to Kim for fashion advice, Khloe is always boy and family advice, and Kourtney is like another mother to me.

Choose wise and Godly people to advise you.