Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALAAlternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
RAKESH JHUNJHUNWALAWhat happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
RAKESH JHUNJHUNWALABull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALADraw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
RAKESH JHUNJHUNWALAWhat India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALAI want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALAThe world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
RAKESH JHUNJHUNWALAThe biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALAWhat India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
RAKESH JHUNJHUNWALAI 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.
RAKESH JHUNJHUNWALAI myself am a private equity investor.
RAKESH JHUNJHUNWALAI 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.
RAKESH JHUNJHUNWALAMy father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
RAKESH JHUNJHUNWALAWhat is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALAI am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALAI 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.
RAKESH JHUNJHUNWALA