Rakesh Jhunjhunwala Quotes

Rakesh Jhunjhunwala

Profession : Businessman

Birth : July 5, 1960

Impossible is the word for fools in my dictionary.

Rakesh Jhunjhunwala

What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.

Rakesh Jhunjhunwala

I do not think Tesla can last but that does not mean I am going to short it.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

In a marriage, in a relationship there should not be your money and my money. It has to be our money.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?

Rakesh Jhunjhunwala

I am not giving so much of my wealth that I should feel that I am a philanthropist.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

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.

Rakesh Jhunjhunwala

The biggest thing that limits India's growth is democracy, but it is needed. We cannot overrule it.

Rakesh Jhunjhunwala

All democratic societies eventually decide what is in favor of them.

Rakesh Jhunjhunwala

I am buying the most unpopular, most battered stocks, but then who knows?

Rakesh Jhunjhunwala

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

I'd be lying if I said I didn't like the money, but that's not what motivates me.

Rakesh Jhunjhunwala

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

There is a digital revolution going on around the world and India is in better placed to tap the opportunity.

Rakesh Jhunjhunwala

I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.

Rakesh Jhunjhunwala

Bull markets are Test matches and not 50-over games.

Rakesh Jhunjhunwala

Markets tend to shake you up before a bull run.

Rakesh Jhunjhunwala