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.
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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I think true love – love, wine and beauty, they better with age.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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I started my life with Rs 5,000.
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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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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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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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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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I know film industry is not a very healthy place to be in.
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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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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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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 myself am a private equity investor.
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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.
RAKESH JHUNJHUNWALA