I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALAGrowth comes from chaos, not order.
More Rakesh Jhunjhunwala Quotes
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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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I 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.
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My true gods are my parents. I am what I am because of them.
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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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Not being dogmatic has helped me become a better stock-picker.
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My 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?
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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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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.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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All democratic societies eventually decide what is in favor of them.
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA