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.
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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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When the food at home is so tasty, why go out and eat?
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
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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.
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I am always capital short. If I see the opportunity, I will get the money.
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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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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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I think true love – love, wine and beauty, they better with age.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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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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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA