I am not giving so much of my wealth that I should feel that I am a philanthropist.
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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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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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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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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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Growth comes from chaos, not order.
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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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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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I want to work in water resources, as I think creating a string of check dams and utilizing water better is far more cost-effective than large stand-alone dams.
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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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I’m not afraid of losing money, I’m afraid of sour relationships.
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I know film industry is not a very healthy place to be in.
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When the food at home is so tasty, why go out and eat?
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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 myself am a private equity investor.
RAKESH JHUNJHUNWALA