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.
RAKESH JHUNJHUNWALAGrowth comes from chaos, not order.
More Rakesh Jhunjhunwala Quotes
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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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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
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Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA -
People will laugh at me, but when they ask me to make a wish for the next life, I will say I want the same parents, same brother and sister, same wife, same friends.
RAKESH JHUNJHUNWALA -
There can be no greater well wisher for me in life than my mother.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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 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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I do not think, like people say, that I am a guru or I know everything.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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Not being dogmatic has helped me become a better stock-picker.
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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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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.
RAKESH JHUNJHUNWALA