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.
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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Growth comes from chaos, not order.
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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 also interested in stocks. When I was a young child, he and his friends would drink in the evening and discuss about the stock market.
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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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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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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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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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What India needs for prosperity is just ease of doing business.
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I think true love – love, wine and beauty, they better with age.
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Markets may in the short-term correct. But in a bull market the correction is always sharp, swift and short-lived.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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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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I have far less than what people think, but far more than I need.
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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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