The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
RAKESH JHUNJHUNWALAApart 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.
More Rakesh Jhunjhunwala Quotes
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All democratic societies eventually decide what is in favor of them.
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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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You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
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I’m not a clone of anybody. I’m Rakesh Jhunjhunwala.
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Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
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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 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.
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When the food at home is so tasty, why go out and eat?
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I have far less than what people think, but far more than I need.
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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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Bull markets are Test matches and not 50-over games.
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The government needs to send out a message to the business community that ‘we are on your side.’
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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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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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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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