Mukesh Ambani, chairman, Reliance Industries Ltd. If Dhirubhai Ambani was a larger-than-life patriarch and Anil was the public face of Reliance, Mukesh Ambani was how do i invest in my future enigma. Those who knew him well credited him with leading Reliance’s turbo-charged growth over the last two decades.
But very little is publicly known of his beliefs, vision and motivation. MoneyLIFE editors Sucheta Dalal and Debashis Basu, what drives him and his business decisions A lot of details about your life are already known. But we don’t know things from your end. In terms of attitude to life, little has changed. These experiences have helped us a lot, but at that time, we were not very aware of all the learning that was going on. The two hours with Mahendrabhai every evening were great fun. A third track running at that time, apart from academics and the fun stuff, was that my father shared with me his passion for business and entrepreneurship from very early on.
Even when I was in high school, I used to spend long hours at office on weekends. Do you really need to invest in bonds? As I see it, bonds aren’t a good investment. Interest rates are lower than they should be, and if rates rise and inflation picks up, bonds will take a beating. Then again, I think stocks are risky too, so I feel like I’m damned if I do invest in bonds and damned if I don’t. In the case of bonds, investors have lately been focusing much more on what can go wrong. After seven years or so of pundits crying wolf that interest rates are about to surge and send bond prices reeling, it seems that the time for rising rates has finally arrived.