My true gods are my parents. I am what I am because of them.
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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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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My father was also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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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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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.
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I 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.
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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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Markets tend to shake you up before a bull run.
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There can be no greater well wisher for me in life than my mother.
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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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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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I 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.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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I want to give more time to my children, my family, to my health.
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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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All democratic societies eventually decide what is in favor of them.
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Films are getting expensive by the day. They are making more money by the day.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
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When the food at home is so tasty, why go out and eat?
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I think true love – love, wine and beauty, they better with age.
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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.
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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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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 JHUNJHUNWALA