I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALAWhen you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.
More Rakesh Jhunjhunwala Quotes
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All democratic societies eventually decide what is in favor of them.
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There can be no greater well wisher for me in life than my mother.
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My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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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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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.
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Success 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.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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Films are getting expensive by the day. They are making more money by the day.
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What India needs for prosperity is just ease of doing business.
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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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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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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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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
RAKESH JHUNJHUNWALA