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.
RAKESH JHUNJHUNWALABut I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
More Rakesh Jhunjhunwala Quotes
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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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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
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Not being dogmatic has helped me become a better stock-picker.
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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
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I am buying the most unpopular, most battered stocks, but then who knows?
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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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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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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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I myself am a private equity investor.
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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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Impossible is the word for fools in my dictionary.
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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’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA