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.
RAKESH JHUNJHUNWALAI am not giving so much of my wealth that I should feel that I am a philanthropist.
More Rakesh Jhunjhunwala Quotes
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I have two interests in life – markets and women. Both are concerned with four letter words – markets with the risk and woman with love.
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I don’t think Indian e-commerce companies have an evolved business model.
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Growth comes from chaos, not order.
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I am always capital short. If I see the opportunity, I will get the money.
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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.
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I do not do any trading internationally.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA -
When the food at home is so tasty, why go out and eat?
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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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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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I made many mistakes but my triumphs have received far greater publicity than my failures.
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In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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I want to give more time to my children, my family, to my health.
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I do not think, like people say, that I am a guru or I know everything.
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Not being dogmatic has helped me become a better stock-picker.
RAKESH JHUNJHUNWALA