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.
RAKESH JHUNJHUNWALAWhat India needs for prosperity is just ease of doing business.
More Rakesh Jhunjhunwala Quotes
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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I don’t think Indian e-commerce companies have an evolved business model.
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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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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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I do not do any trading internationally.
RAKESH JHUNJHUNWALA -
You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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Not being dogmatic has helped me become a better stock-picker.
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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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There can be no greater well wisher for me in life than my mother.
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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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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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I am always capital short. If I see the opportunity, I will get the money.
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It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to 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 first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA