In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.
RAKESH JHUNJHUNWALAAll democratic societies eventually decide what is in favor of them.
More Rakesh Jhunjhunwala Quotes
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I think true love – love, wine and beauty, they better with age.
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I don’t think Indian e-commerce companies have an evolved business model.
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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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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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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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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
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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 buying the most unpopular, most battered stocks, but then who knows?
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I myself am a private equity investor.
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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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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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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