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 JHUNJHUNWALASuccess should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
More Rakesh Jhunjhunwala Quotes
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See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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I started my life with Rs 5,000.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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I have far less than what people think, but far more than I need.
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My true gods are my parents. I am what I am because of them.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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I do not do any trading internationally.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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All democratic societies eventually decide what is in favor of them.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA