The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALAI am always capital short. If I see the opportunity, I will get the money.
More Rakesh Jhunjhunwala Quotes
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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Alternatives 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.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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Not being dogmatic has helped me become a better stock-picker.
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The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
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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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The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.
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I do not think, like people say, that I am a guru or I know everything.
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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 don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA






