Chanda Kochhar Quotes

We have to be careful of not injecting more uncertainty than economy can handle

Investors need to get rewarded for their investment, especially in unstable countries.

It doesn't take Warren Buffett to realize that when companies don't know what new rules will look like, it affects their ability to commit capital and create new jobs.

In troubled times the last thing you want to do is to stick your money into a film. It's such a gamble.

They've been fairly positive, as firm as they could be in regards to the derivatives operations in Montreal. We didn't sense that there was a hesitation about it. But things change.

Investors don't like uncertainty.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

As long as there is cash, and the economy is running, all is well. But as a bank, we'll have to test, experiment, try a hundred different things. A few may work, a few may fail, but we have to experiment and try.

Uncertainty is seen to retard investment independently of considerations of risk or expected return.

The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move.

When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.

Economic freedom is a highly desirable state -- but in bust and boom we must be prepared to face the its consequences.

It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.

Things are going better: there is more growth, less deficit, more competitiveness, better margins for companies, more purchasing power for workers.

There's no such thing as wealth without risk.

You cannot have the financial system crippled because of lack of decision making and lack of quality people.

It's almost 10 years since the 2008 crisis, but we all still remember the consequences of ignoring threats to the public finances.

Who would you trust right now? Which bank would you trust? Which investment would you trust? Do you really want to put your money; do you want to suffer more of these losses that we just had? You know, these volatility that we see is just unexplainable by any rational standards. Nobody has any clue about how to explain this, and nobody wants to experience that. So, we hold more money back, we don't necessarily want to invest in the market and by default, people are saving more.

You don't run a business hoping you don't have a recession.

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.

Prosperity should be our goal, not austerity.

Stock market risk is ok, but not for Social Security.

I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.

If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!

I think margins will be destroyed for a bunch of people. If that's true, then it will be good to have alternatives to hedge against that eventuality.