I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALAMy 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.
More Rakesh Jhunjhunwala Quotes
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Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
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I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
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The markets are like a weather; you may not like it but you have to bear it.
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I do not think, like people say, that I am a guru or I know everything.
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Apart 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.
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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.
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I found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
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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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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
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Films are getting expensive by the day. They are making more money by the day.
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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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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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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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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALA