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?
RAKESH JHUNJHUNWALAYou know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
More Rakesh Jhunjhunwala Quotes
-
-
Everything which is good in life is dicey, including pretty girls.
RAKESH JHUNJHUNWALA -
When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA -
Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
RAKESH JHUNJHUNWALA -
What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
RAKESH JHUNJHUNWALA -
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 JHUNJHUNWALA -
I think true love – love, wine and beauty, they better with age.
RAKESH JHUNJHUNWALA -
What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA -
I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
RAKESH JHUNJHUNWALA -
I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA -
I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
RAKESH JHUNJHUNWALA -
I am always capital short. If I see the opportunity, I will get the money.
RAKESH JHUNJHUNWALA -
All democratic societies eventually decide what is in favor of them.
RAKESH JHUNJHUNWALA -
Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA -
Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA -
I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA