Growth comes from chaos, not order.
RAKESH JHUNJHUNWALAThe journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
More Rakesh Jhunjhunwala Quotes
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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I have far less than what people think, but far more than I need.
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There is a digital revolution going on around the world and India is in better placed to tap the opportunity.
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All democratic societies eventually decide what is in favor of them.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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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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The markets are like a weather; you may not like it but you have to bear it.
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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 found the stock market very intriguing because prices used to fluctuate, I used to wonder why the price fluctuates.
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If you have a company called x and today you feel the price is very high. Next year it could perform very well but the price may not perform. So in the stock market what happens is buy on the rumor, sell on the news.
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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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I am buying the most unpopular, most battered stocks, but then who knows?
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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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When there’s doom and gloom, don’t forget there’s darkness before dawn.
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