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Great investors need to have the right combination of intuition, business sense and investment talent.

I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view.

My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money.

Too many investors overvalue companies in the near term while undervaluing them in the long term.

One thing on psychology, which we've always known, is that every investor says they're long-term - and they are until the market takes a hit.

Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.

I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.

Beware angel investors: they can be disruptive.

Investors don't like uncertainty.

One of the strengths of Adani is that, because we are controlling mines, ships, ports and logistics, we are the cheapest solution provider for end users.