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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.

Rakesh Jhunjhunwala

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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
RAKESH JHUNJHUNWALA

Celebration Day Important Life Myself Perspective Reflection
Impossible is the word for fools in my dictionary.
RAKESH JHUNJHUNWALA

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You 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.
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Business Clothes Funny Hide Important Investment Learning Mathematics Myself Reading Stock
Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
RAKESH JHUNJHUNWALA

Believe Important Kind Marketing Money Stock Wealth
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.
RAKESH JHUNJHUNWALA

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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.
RAKESH JHUNJHUNWALA

Investment Manipulation Marketing Myself People Stock Thinking True
I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA

Deep Growth One Liner Order
In a marriage, in a relationship there should not be your money and my money. It has to be our money.
RAKESH JHUNJHUNWALA

Marriage Money Ourselves Relationship
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 am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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I have far less than what people think, but far more than I need.
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I think true love – love, wine and beauty, they better with age.
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Age Beauty Better Love Myself True Wine
The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
RAKESH JHUNJHUNWALA

Born Change Country Growth Stock
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

Business Logic Modeling Myself People Understand
What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALA

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