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rakesh jhunjhunwala: Rakesh Jhunjhunwala iffy on internet companies; bets on TaMo, PSBs, small private lenders


NEW DELHI: Ace investor Rakesh Jhunjhunwala calls Elon Musk of Tesla a true entrepreneur, but believes the high market value of Tesla may not sustain. The Big Bull calls Prime Minister Narendra Modi a distilled socialist, one who has batted for reforms aggressively. The Big Bull suggested high-teens returns from domestic equities over the next decade.
In an exclusive interview with ET NOW, Jhunjhunwala said history will remember Elon Musk of Tesla as true entrepreneur. But it is the shareholders who would decide Telsa s market capitalisation, and not Elon Musk, he said.
That m-cap may not last, that I can tell you. But that does not take away the entrepreneurial capabilities and performance of Mr Musk, he said. ....

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