Debt Quote by Rakesh Jhunjhunwala
“In India, one has to have faith in equity. What are the alternatives - real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.”
About This Quote
Source Interview: CNBC TV18, 2022
Balancing risk and reward requires comparing equity’s higher returns with debt’s lower risk and stability.
In simple terms: Equity offers higher returns; debt offers safety.
Assess risk tolerance before choosing.
Themes
Mood
Type
When to use this quote
- retirement planning
- real estate purchase
- personal savings
- wealth building
Key Concepts
Questions to Reflect On
- What risk level are you comfortable with?
- How does your time horizon affect your choice?
Higher returns come with higher volatility and potential loss.