A biography for Rakesh Jhunjhunwalahasn’t been written yet.
“Bull markets are Test matches and not 50-over games.”
“When you become larger, the methods you use, the information you have, and people who assist you in attaining your goals should change.”
“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?”
“There is a digital revolution going on around the world and India is in better placed to tap the opportunity.”
“The government needs to send out a message to the business community that 'we are on your side.'”
“In my 25-30 years of experience in the markets, just as you cannot have a good relationship with a woman by bullying her, you cannot have a good relationship with the market by trying to bully it or say that you are the king. Market is king.”
“Growth comes from chaos, not order.”
“There can be no greater well wisher for me in life than my mother.”
“The biggest thing that limits India's growth is democracy, but it is needed. We cannot overrule it.”
“I'm not afraid of losing money, I'm afraid of sour relationships.”
“All democratic societies eventually decide what is in favor of them.”
“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.”
“My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?”
“I want to give more time to my children, my family, to my health.”
“You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.”
“One thing which keeps me apart is that I have got guts. I may have Rs 1,000 in my bank but if I think the deal is worth a crore - I will do it.”
“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.”
“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 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.”
“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.”