I do not do any trading internationally.
RAKESH JHUNJHUNWALA
RAKESH JHUNJHUNWALA
Rakesh Jhunjhunwala on international
Rakesh Jhunjhunwala84 quotes“I do not do any trading internationally.”
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh Jhunjhunwala I am not giving so much of my wealth that I should feel that I am a philanthropist.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh Jhunjhunwala I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh Jhunjhunwala But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
Rakesh JhunjhunwalaRakesh Jhunjhunwala What India needs for prosperity is just ease of doing business.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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.
Rakesh JhunjhunwalaRakesh Jhunjhunwala Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
Rakesh JhunjhunwalaRakesh Jhunjhunwala When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
Rakesh JhunjhunwalaRakesh Jhunjhunwala 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 JhunjhunwalaRakesh Jhunjhunwala
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More on international
We deny your internationalism, because it is a luxury which only the upper classes can afford.
Benito MussoliniBenito Mussolini W.Z. Foster {head of the American Communist Party}, who had no money, went to Moscow and came back and announced that he was building a great secret machine to undermine the American labor movement and turn it over to the Red International, owned by Lenin.
Samuel GompersSamuel Gompers The international community must offer short-term emergency measures to meet critical needs. But it must also make longer-term investments to promote food production and agricultural development, enhance food security and maintain and accelerate momentum towards the MDGs.
Ban Ki-moonBan Ki-moon Part of our struggle is to make the international community understand that we are a poor country not because there is an insufficiency of resources and investment, but because we are deprived of the basic institutions and practices that make for good government.
Aung San Suu KyiAung San Suu Kyi The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn’t deliver the goods.
John Maynard KeynesJohn Maynard Keynes I don’t think I’m going to be an international sex symbol. I mean, I know I’m not going to be an international sex symbol.
Florence PughFlorence Pugh We are working hard at home and on the international stage to further identify the problems on the horizon and to ensure we reboot trade post-Covid-19.
Liz TrussLiz Truss Never in history was there a method devised of such efficacy for setting each country’s advantage at variance with its neighbours’ as the international gold (or, formerly, silver) standard.
John Maynard KeynesJohn Maynard Keynes