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I have far less than what people think, but far more than I need.

Rakesh Jhunjhunwala

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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.
RAKESH JHUNJHUNWALA

Business Logic Modeling Myself People Understand
I myself am a private equity investor.
RAKESH JHUNJHUNWALA

Investment Job Myself
Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA

Deep Growth One Liner Order
What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
RAKESH JHUNJHUNWALA

Ability Business Faith Inheritance Need Opportunity
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.
RAKESH JHUNJHUNWALA

Affective Alone Cost Myself Resources Stand Water Work
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.
RAKESH JHUNJHUNWALA

Afraid Important Limitation Mistake Yourself
I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
RAKESH JHUNJHUNWALA

Marketing Myself Mystery Price Stock Thinking Wonder
I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA

Feeling Myself Wealth
Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA

Beautiful Goodness Life Woman
I am buying the most unpopular, most battered stocks, but then who knows?
RAKESH JHUNJHUNWALA

Buy Choice Myself Popular Possible Stock
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?
RAKESH JHUNJHUNWALA

Care Charity Father Generosity Money Pay Price Wealth Yourself
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.
RAKESH JHUNJHUNWALA

Artificial Beyond Growth Hope Yourself
What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA

Abundance Growth Leadership Natural
These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
RAKESH JHUNJHUNWALA

Better Death Learning Light Live Past Treat
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.
RAKESH JHUNJHUNWALA

Equality Foundation Government Myself Quality Social Togetherness
The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA

Beginning Investment Money Myself Stock Success
But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA

Command Excitement Joke Marketing Myself Mysterious Woman
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.
RAKESH JHUNJHUNWALA

Celebration Day Important Life Myself Perspective Reflection
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.
RAKESH JHUNJHUNWALA

Children Drink Father Friendship Myself Stock Young
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

Family Friendship Laughter Life Myself Parents People Wife
The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
RAKESH JHUNJHUNWALA

Confidence Fall Finance Government Institution Money World
Films are getting expensive by the day. They are making more money by the day.
RAKESH JHUNJHUNWALA

Expansion Fame Growth Money Movie
What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
RAKESH JHUNJHUNWALA

Help Marketing Money People
See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA

Money Myself Opinion Personality Risk
Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA

Choice Growth Help Mad Myself Stock
I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA

Leadership Myself People Thinking
Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA

Abundance Affect Difference Marketing

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