Quotes from Rakesh Jhunjhunwala

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

When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.

I'm not afraid of losing money, I'm afraid of sour relationships.

I don't think Indian e-commerce companies have an evolved business model.

I don't understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.

There can be no greater well wisher for me in life than my mother.

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

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.

Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we'll get from that is unbelievable.

If I have a fever, I take a Crocin but my wife calls a doctor, my mother calls a doctor. Similarly, investing is not something which a doctor or a lawyer or Internet specialist can really understand. Take professional advice, plan.

I have far less than what people think, but far more than I need.

I started my life with Rs 5,000.

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

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

If the NDA doesn't get a majority, that will not upset the market so much... but a situation where the BJP and NDA are not able to form the government that will be very troublesome for the market. But I think that is not likely.

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.

My 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.

In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.

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.

I am always capital short. If I see the opportunity, I will get the money.

Growth comes from chaos, not order.

Children malnourished at age 5 tend to suffer permanent physical and mental damage. So if I can save a child from malnutrition, I find it has an extremely favorable risk-reward ratio - the cost I incur versus the overall benefit that I can bring to society.

I am very opinionated and sometimes a very irritating character but, I have learnt that the quest to learn is a journey, not a destination.

I watch a lot of TV dramas.