A biography for Rakesh Jhunjhunwalahasn’t been written yet.
“What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.”
“Impossible is the word for fools in my dictionary.”
“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.”
“I do not think, like people say, that I am a guru or I know everything.”
“I am extremely bullish in the longer period.”
“When there's doom and gloom, don't forget there's darkness before dawn.”
“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 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.”
“Believe me, I do not go to Delhi, I do not know anybody in Delhi.”
“What India needs for prosperity is just ease of doing business.”
“Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.”
“You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.”
“Markets tend to shake you up before a bull run.”
“I do not think Tesla can last but that does not mean I am going to short it.”
“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.”
“I love to read and watch movies.”
“Success should not make you think you are God's gift to mankind. You should never forget that you are what you are because God chose you to be there.”
“We never extrapolate: In 1988, my net worth was Rs 1 crore and 1993, it was Rs 200 crore, this does not mean that in 2000, it is going to be Rs 800 crore. In 2002 also, my net worth was Rs 250 crore. We cannot extrapolate things. You take success with paranoia and it is always transient and temporary.”
“I watch a lot of TV dramas.”
“I cannot say no for anything to my daughter.”