Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
RAKESH JHUNJHUNWALAI have far less than what people think, but far more than I need.
More Rakesh Jhunjhunwala Quotes
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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 do not do any trading internationally.
RAKESH JHUNJHUNWALA -
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?
RAKESH JHUNJHUNWALA -
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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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.
RAKESH JHUNJHUNWALA -
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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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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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 -
I am an optimist by nature and I reserve the right to be wrong.
RAKESH JHUNJHUNWALA -
All democratic societies eventually decide what is in favor of them.
RAKESH JHUNJHUNWALA -
I know film industry is not a very healthy place to be in.
RAKESH JHUNJHUNWALA -
I don’t think Indian e-commerce companies have an evolved business model.
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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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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
RAKESH JHUNJHUNWALA