I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALAInsurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
More Rakesh Jhunjhunwala Quotes
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I have far less than what people think, but far more than I need.
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When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
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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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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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The markets are like a weather; you may not like it but you have to bear it.
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Films are getting expensive by the day. They are making more money by the day.
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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.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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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 do not think, like people say, that I am a guru or I know everything.
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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.
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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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What India needs for prosperity is just ease of doing business.
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What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
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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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