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 JHUNJHUNWALAI do not do any trading internationally.
More Rakesh Jhunjhunwala Quotes
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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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I do not think, like people say, that I am a guru or I know everything.
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Everything which is good in life is dicey, including pretty girls.
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In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.
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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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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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I do not do any trading internationally.
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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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Films are getting expensive by the day. They are making more money by the day.
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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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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
RAKESH JHUNJHUNWALA