I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALAAlternatives 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.
More Rakesh Jhunjhunwala Quotes
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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I have far less than what people think, but far more than I need.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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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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.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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I do not do any trading internationally.
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All democratic societies eventually decide what is in favor of them.
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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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I’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
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Bull markets are Test matches and not 50-over games.
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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.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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The government needs to send out a message to the business community that ‘we are on your side.’
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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.
RAKESH JHUNJHUNWALA