Long term investor with the likes of Growth and values stocks translating to returns. #Investing #Behaviour
Chennai
Joined August 2012
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Ravi retweeted
I continue to believe a lot of pain is already factored in by the markets and near-term downside looks quite limited to me. Unless this stalemate drags on for another 3-4 months or if there is an equivalent of Pearl harbor/Hiroshima-Nagasaki it is unlikely that we will see a significant down move from this level.
Every big buying opportunity has this extreme uncertainty about a particular event. In 2008 it was about domino effect of Lehman collapse, in 2020 it was about effects of the lockdown and how long it would last, in 2022 it was a threat of a nuclear attack by Russia and an imminent recession sur o rate hikes/QT. Today there is fear about blowing up power plants, desalination plants, steel plants, etc.
In such periods, I like to fall back on the teachings of my guru Howard Marks. Check out this excerpt about investing sacred with intellectual humility. RT if it makes sense to you in these times.
In Mar 2020 markets went down first, markets bottomed out on the first day of the lockdown. Covid cases kept rising, lockdown kept getting extended, but the market kept going higher.
In 2022, after the Russia-Ukraine war, the market corrected sharply as commodity prices rose, and we saw hyperinflation. Central banks across the world kept raising rates. US hikes interest rates by 500 bps and India hikes it by 250-300bps. There were talks of global recession, etc. Interest rates are still high, Russia-Ukraine war is still going on, but markets moved on after initial pain period.
Point is the impact of news flow diminished as time passes. As thing strand market has probably discounted atleast a couple of months of stalemate in Iran war. My gut feeling unless the stalemate lasts more than 6 months we will not see any meaningful downside from here.
Ravi retweeted
This chart is fun studying if you watched any TV show in the last 25 years. It also shows how rare it is what Breaking Bad pulled off. The show improved its rankings each season. Usually shows get worse (The Simpsons and even Yellowstone). Source: reddit.com/r/dataisbeautiful…
Ravi retweeted
Is there a point where an open world becomes “too big” and overwhelming, or can it never be large enough?
Ravi retweeted
Anti-Coagulants ➡️ Pharma Intermediates ⬅️ Off-Patents
📸1: The Evolution of Anticoagulants (Factor Xa Inhibitors) - Ref: Bayer
📸2: The global Anticoagulants market is anticipated to grow at a CAGR of 9.41% from 2024 to 2029. This growth is driven by the integration of advanced technology into the development of Anticoagulant products (Ref: Acutaas Chemicals)
Hi Team,
My Jio fibre internet is not working for past 5 days, There are open service tickets were raised, but no engineer or technician assigned with no resolution…please resolve soon. How many times we need to keep on calling customer care and ask for a resolution.
Ravi retweeted
This big dog doesn't understand why everyone is so afraid of him. All he wants is to cuddle, just like any other dog
Ravi retweeted
The cause of broader market chart movement of 25+ years summarized beautifully in a table by @niteen_india bhai.
If you spend 10 hours on charts, drawing the lines, cutting n redrawing, no harm spending 1 hour on these things also. It will only add more conviction to your charts.
Highlighting as it's a personal observation n I could be wrong, I see too much madness around technicals n too less focus to fundamentals. Last 1 year too, have been seeing some perplexed why market moving , some giving absurd high targets without rationale n some absurd low targets without rationale by just drawing few lines here n there. Aise nahi hota bhai.
It was just the reverse 7-8 years back when all it mattered was fundamentals n technicals were a rare breed in public.
Balancing and hybrid is the key leveraging both skills to compliment each other
Ravi retweeted
After 2 years of using ChatGPT, I can say that it is the technology that has revolutionized my life the most, along with the Internet.
So here are 10 prompts that have transformed my day-to-day life and that could do the same for you:
Ravi retweeted
We are at a unique juncture in the Indian stock markets.
Future earnings potential, according to consensus estimates, is incredibly high and does not reflect the past.
The recent past has been distorted by the effects of COVID, with massive one-time gains that don’t represent the true underlying picture.
It’s as deceptive a cycle as one can get.
Ravi retweeted
In last 33yrs, this is the most difficult market where everything is bid up. Hardly any pocket to hide
