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.
RAKESH JHUNJHUNWALAI am always capital short. If I see the opportunity, I will get the money.
More Rakesh Jhunjhunwala Quotes
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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.
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I’m not afraid of losing money, I’m afraid of sour relationships.
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Markets tend to shake you up before a bull run.
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All democratic societies eventually decide what is in favor of them.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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I am an optimist by nature and I reserve the right to be wrong.
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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.
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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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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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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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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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 JHUNJHUNWALA






