When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
RAKESH JHUNJHUNWALAGrowth comes from chaos, not order.
More Rakesh Jhunjhunwala Quotes
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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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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 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 very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
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Growth comes from chaos, not order.
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Bull markets are Test matches and not 50-over games.
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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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Draw 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.
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What India needs for prosperity is just ease of doing business.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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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 found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA






