What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALAI am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
More Rakesh Jhunjhunwala Quotes
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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All democratic societies eventually decide what is in favor of them.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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 is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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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 am buying the most unpopular, most battered stocks, but then who knows?
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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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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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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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Everything which is good in life is dicey, including pretty girls.
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I do not think, like people say, that I am a guru or I know everything.
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I do not do any trading internationally.
RAKESH JHUNJHUNWALA