Shepherding illiquid assets by day, liquid assets by night. Personal views. 🇮🇳

Mumbai
Joined December 2009
0/ A compilation of all (well most) #threads I have posted on #FinTwit in no particular order. I will keep adding new threads I post on this main thread and pin it to my profile. No reccos implied or otherwise. Share & discuss if you find it useful ...
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Soon one will need a phone to read a newspaper 😕
When you need to put a statutory advertisement and still don't want people to see your results. We keep inventing new ways all the time !
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Nobody has the skill to catch a bottom, but everyone regrets that they didn’t sell at the top.
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Can’t stop them. Poor risk / return. If how I think is how I trade, will junk this idea and look for the next one
BlackRock Quant Interview Question How you answer reveals how you think, and how you think determines how you trade Interested to see some of your answers👇
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History will be kind to you Dr Singh! … Go well, sir!
Ramu Damodaran posted this anecdote about Dr. Manmohan Singh in a St. Stephen’s College Alumni Whatsapp Group. With Ramu’s permission I am posting it here “My first meeting with Dr MMS was in July ‘91, the day I joined Prime Minister Narasimha Rao’s office. The devaluations of the rupee had taken place a few days earlier. He came to the PM’s Race Course Road office and walked straight into his room from the car. On the way out he detoured to come to my room. He had a small envelope in his hand which he gave me saying “please make sure this is credited to PM’s Relief Fund.” I opened the envelope after he left to find a cheque for a huge amount I cannot now precisely remember . With it a note saying “Representing the difference in rupee value of my assets abroad consequent upon devaluation.”” There are huge lessons in this story for all founders, start ups, investors, managers, business leaders and others around integrity, probity, good governance, resolving conflict of interest, not profiting from inside information etc. etc. Thank you Dr. Manmohan Singh. Thank you Ramu_Damodaran for this story. @Ramu_Damodaran
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EPFO has the best cyber security - because even users cannot log in easily with their UAN and password. Various sections of the site are dysfunctional and 100 OTPs later you get logged out randomly. Hacker will need to be a Buddha to crack
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Defining success!
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Technology disruption!
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Apparently this happened! …
A PIA flight left Toronto for Karachi 2 hours and 56 minutes earlier than scheduled, leaving all passengers behind. At first, when someone shared the post, we considered it fake, but the flight details confirm the story. The traveler was right: What kind of airline does that?😂
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Interesting data point - 75% of new investors haven’t seen a bear market h/t: @sumitkedia
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This is what great writing looks like:
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Khemani makes a good case, but one thing I have learnt over 20y is that when it rains “everyone” - no matter how well you manage the macro - gets wet. Even if rains somewhere else in the world
Most are directly or indirectly worried about deep correction in the markets. Vikas Khemani shares wonderful insights, on why it may not be the case, with data points! Credits: @SunriseFinanci2
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ashwin now has as many test hundreds as dhoni #INDvBAN
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Strong case for a dislike button, but that way how will you make a business out of outrage?
The 𝕏 algorithm assumes that if you interact with content, you want to see more of that content. One of the strongest signals is if you forward 𝕏 posts to friends, it assumes you like that content a lot, because it takes effort to forward. Unfortunately, if the actual reason you forwarded the content to friends was because you were outraged by it, we are currently not smart enough to realize that.
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Resourceful Automobiles has got free marketing, good for them. But now even the chatter is now at heavily over-discussed levels
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We are concerned about the levels of Political violence in America. We urge the Americans to resolve their differences peacefully. We will be deploying observers to monitor the volatile situation. All Africans in America should keep in contact with their respective Embassies. We advise Africans to stop traveling to America during this period.
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On the positive side gaining weight won’t be a problem 😂
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