There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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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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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The government needs to send out a message to the business community that ‘we are on your side.’
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I am buying the most unpopular, most battered stocks, but then who knows?
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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.
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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?
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Bull markets are Test matches and not 50-over games.
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I started my life with Rs 5,000.
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I myself am a private equity investor.
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I do not do any trading internationally.
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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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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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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 am an optimist by nature and I reserve the right to be wrong.
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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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The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA