Coinflipper

@1shankarsharma Shankar trust me you haven’t seen enough … this is after spending 3 decades . Bottom always happens when it’s No 1 year .. 2026 . I heard this and collapsed

This is refreshing new thinking: judging a market bottom based on which month it happens in.

@NarasimhaKan Bro I respect what you said . My points .. business is not worth infinite price , GDP also has grown to 32 trillion , so percentages can be hazy. Productivity well .. I am sure you have read this and I am sure counter articles may also prevail . fortune.com/2025/08/18/mit…

@Coinflipper122 AI capex is 1% of US GDP vs railroads (which peaked between 3.5%-4.5% of GDP) and even telecomm services (which ran to ~1.5% of GDP). You have to focus on productivity gains which show up with a lag. Cant expect positive FCF etc on day 1. Indian FMs don't understand this.

people routinely eulogize such rhetoric rooted in falsehood. for all this talk about momentum, <1mn indians have ever invested abroad. US is >60% of listed equity m-cap globally. this is a dumb yardstick to measure investing in a market with incredibly high earnings growth + frontier tech advancements also, Naren is not even an authority on momentum L take

@Yashraajsharrma I was waiting for this tweet . Warren Buffett and Charlie Munger say, it’s best to admit your mistake . This doesn’t make you small ever in fact you raised yourself to dizzying heights and your dignity stands tall .

Glad I was wrong this time. Really, really happy to see Bharatiya Janata Party in such a strong position in Bengal. As an Indian, as someone who cares about the direction of the country, this brings a sense of relief. From whatever partial analysis I had done earlier, I felt All India Trinamool Congress would give a very close fight. I even thought it could go towards a hung assembly, or maybe a situation where things get decided later through alliances and adjustments. I did feel TMC would face a tough phase ahead, and that still stands. But seeing BJP this strong… it feels different. It feels clearer. Jai Hind.

@1shankarsharma Shankar credit where it is due . Whether it is Buffett or FII data or anything on markets you genuinely stand out .

I have zero tolerance for regurgitated drivel passed off as wisdom. ( But it works well in India though). So I yesterday came across somebody from US saying foreign investors don't like India because it does not have AI. Somebody else from Singapore wrote that taxation has caused FIIs to flee India. Both are nonsense. Let's keep it short: See image 1. Market performance. How many markets in that do you see " have AI"? US, the cradle, ranks at 18. NDX at 8. What AI does Brazil have? Vietnam? SAF? Spain? Greece? Turkey? Italy? Pakistan? And look at their performance. Better than the US. Folks just dish out tripe, that's considered Socratic sense in a market population today that has rid itself of all nuanced thought. India doesn't have tech, AI or whatever else. But it NEVER had tech. Yet, markets did well for a couple of decades. How so? Domestic economy, right? But that's supposedly doing very well, based on GST , 8% growth,etc. Yet why is India at the bottom? Now that's coming up in my next article. So FIIs never bought India because of tech. Their exit has nothing to do with tech either ( look at how well non tech markets have done as in the image). I just detest such under- analysed paan dukaan level trash. Even if it comes from US or Singapore. Views should be data driven. Not based on false positives, which itself is based on recency bias. I have given you the data. Chew over it. FIIs selling because of taxes is another bs. See Image 2. They have bought, they have sold, through CG taxes. markets have gone up and down irrespective ( negligible correlation as I have said many times). Yet, laments are written in pink papers by fund managers. Real Reasons are deeper. But some other time... We have become a seriously low IQ market if we stop applying even basic test of data to peddled codswallop.

@Yashraajsharrma Yashraj “ Focus on the Work , Results are not in your hands “ i know this is easy to say very difficult to practice . Human behaviour trumps every single innovation .

@dlifein @MANSAFAB Oh yes walking is useless

@MANSAFAB Walking is USELESS. Saying this as a Type 2 diabetic, 16th year PILL FREE.

Walking is not a form of exercise. But you still need to walk 10k steps a day? Why is it important?

@1shankarsharma Focus on incentives AUM drives fees , which drives their residence in malabar hills, Pali Hill, Walkeshwar, Bandra and Lower Parel . Few lucky ones will be in NYC too . Focus on incentives 1% is not 1% if the index delivers 10% , then 1% is 10% as fees . Few get this .

I don't understand why the entire wealth & money mgt industry is unable to understand why FIIs are exiting. They are exiting because SIP money is entering. Selling equals Buying. Stop/reduce SIPs, F2 exits will automatically & effortlessly decrease. Na rahega (bamboo ) baans, na bajegi bansuri . (Even in Utopia, you can't have SIP + F2s both buying together. Somebody 's gotta sell for them to buy. Comprendi?)

@puppyeh1 Out of this Pabrai has been the hall of fame on everything. He has miked the Buffett lunch so much, and may be even beyond this earth he will milk it with god stating he deserves a better heaven . Credit where due , Dakshina is stellar . Investing he is a dud .

Literally every single person who invokes Buffett in a professional capacity blows up or massively underperforms. Chamath, Kelly, Pabrai…who else?

@hyderabaddoctor Doctor, Manners, courtesy, compassion truly show what a human being is made off . You displayed abundance of this and in moments like these you showed your character. God bless the family and most importantly you to deliver such moments which makes humanity a wonderful experience

The Chocolate Brownie It had been one of those long, relentless days that doctors know too well. The morning began with ward rounds, moved quickly into the ICU, and then spilled over into an unusually busy outpatient clinic. Patients had come from far-off towns, many carrying thick files and even heavier worries. Neurological problems are rarely simple and that day, they seemed even more complex than usual. And yet, there is quiet satisfaction in this chaos. Each diagnosis made, each symptom understood, each patient reassured; it all adds up to something deeply meaningful. A doctor learns to live for those small moments: a nod of relief, a grateful glance, a hesitant smile that slowly returns. By late afternoon, I felt I had earned a short coffee break. I walked into the hospital food court, a shared space where doctors, patients, and their families briefly step out of the world of illness. As I waited at the counter, my attention was drawn to a small scene unfolding nearby. A young boy, still in his school uniform, stood next to an elderly man, his grandfather, I assumed. The boy was pleading for a chocolate brownie. “Please, Grandpa… just this one,” he said, pointing eagerly. The price was modest-₹50. But the old man gently explained that he only had ₹20. He tried to persuade the child to choose something else. The boy refused, his voice turning stubborn, eyes fixed on the brownie. After a few moments, the grandfather quietly bought himself a cup of coffee and walked away to a table. The boy lingered near the counter, still looking longingly at the tray of brownies. I caught the eye of the cashier and gestured silently. “Give him one,” I said. “I’ll pay.” The brownie was handed over. The transformation on the child’s face was instant-pure, unfiltered joy. He clutched it like a treasure and ran to join his grandfather. I didn’t wait for thanks. Some moments are complete in themselves. I finished my coffee and returned to the OPD, the incident already fading into the blur of a busy day. The next morning in the ICU, I went to review a young woman Shanti. She had been admitted with a severe condition called Cerebral venous sinus thrombosis. She was deeply unconscious, on a ventilator, her life hanging in a delicate balance. After examining her, I stepped out to speak with the family. And then I paused. Standing there was the same elderly man from the food court. He recognized me too, but neither of us mentioned it. Instead, he introduced himself quietly, Shanti’s father-in-law. In a soft, steady voice, he told me his story. His son (Shanti’s husband) had died just days earlier in a road accident. The loss was sudden and devastating. Shanti, a schoolteacher, had barely begun to cope when this illness struck her down. Now, he said, it was just him, his unconscious daughter-in-law, and his young grandson. “I am taking care of the boy,” he added, almost as an afterthought. I explained Shanti’s condition, the seriousness and the uncertainty. He listened without interruption, absorbing every word with a calm that only deep pain can bring. The next few days were tense. In critical care, progress is measured in small, fragile steps. A slight movement, a better response (to painful stimuli) or a hopeful clinical sign. On the fifth day, Shanti began to improve. Gradually, she was weaned off the ventilator. Her eyes opened and she began to respond. A few days later, she was stable enough to be discharged. The old man folded his hands in gratitude, not just to me, but to the entire team. There were no dramatic words, just a quiet relief that said everything. A month passed. One afternoon in the OPD, as I was seeing patients, a woman walked in. For a moment, I didn’t recognize her. She was walking on her own. It was Shanti. Gone was the frailty of the ICU patient. She looked thinner, yes, but alive, alert, and smiling. Behind her stood the same elderly man, his presence as steady as ever. And then, peeking from behind her, was a familiar little face. The boy. He looked at me, eyes widening in recognition, and suddenly burst out- “Grandpa! He is the uncle who gave me the chocolate brownie that day… when you said no!” For a second, there was silence. The old man looked at me, a little embarrassed, and murmured an apology on the child’s behalf. I smiled. “There’s nothing to be sorry about,” I said. “That smile was worth far more than a brownie.” As they left the room, a small family, bound by loss but held together by resilience, I found myself pausing for a moment. In medicine, we often talk about saving lives. But sometimes, the smallest acts such as a gesture, a kindness or a moment of connection, remind us why we do what we do. That day, in the middle of a crowded hospital, a chocolate brownie had quietly become part of a much larger story. And being a doctor felt, once again, profoundly worthwhile. Dr Sudhir Kumar @hyderabaddoctor (Note: Name has been changed to protect privacy. Pic is AI-generated.)

@Jasonphilip8 Doc stay strong , you’re service to humanity will sustain for years to come as lot of people need doctors like you so just be happy 😊

I am a Urologist, suffer from Hypertension, Diabetes, Familial Hypercholesterolaemia & severe Ischaemic Heart disease. I hv had 2 heart attacks, & take a Statin ( with Ezetumibe ) to prevent a 3rd MI, that will certainly kill me. My Statin( with Ezetumibe ) currently keeps me alive. For how many more months, I don't know. My cardiologist has told me to celebrate every new day, I wake up alive, snce my angiogram is very bad, That is exactly what I do. Statins save lives. Let nobody tell you otherwise.

@iancassel Ian looks an error on Exxon it can’t be Jan 26. Please check at your end

The other main takeaway is Berkshire Hathaway $BRK is a loser stock that can't even break into the top 10 all time. JK...easy..... easy...... 😂

@hyderabaddoctor Doc the third investor generates 11.75% markets deliver somewhere around 14-15% … so he did not beat the market

What 26 years of Nifty 50 data teach us about long-term investing "Every day, one hears views on the best time to enter or exit the market. But how much alpha does it really generate? To test the true value of market timing, we ran some analysis. Imagine three investors who put Rs 1 lakh each into the Nifty 50 every year from 2000 to 2025, a total of Rs 26 lakh over 26 years. The first, the luckiest investor, had superhuman foresight, investing on the lowest closing day of every single year. The second, the unluckiest investor, was cursed with perfect bad timing, investing at the highest closing day of every year for 26 consecutive years. The third, the SIP investor, did nothing clever at all, simply invested on the first trading day of every year." Read More: moneycontrol.com/news/business/… (Credits: Mr Paras Singhal, @moneycontrolcom)

@1shankarsharma Shankar this is a terrific piece . David einhorn too had mentioned that buffet is a terrific timer of markets but you have beautifully placed it with data.

Le Grand Fromage 's piece " BUFFETT'S REAL LESSON IS THE ONE YOU NEVER LEARNT" in Business Standard. Without timing the market, you can't make significant excess returns. Remaining always fully invested/ always equities, simply doesnt work. Markets can be timed. Not doing so, reverts Indian equity returns to just ~8-10% in INR. Adjust for tax (~15%), then volatility (~10%), and you don't even make FD Returns. That too, after so much jhanjhat. But folks who know the Inner Game of timing cycles and asset classes, won't do it for aam janata, that too for a measly 1-2%. They 'd rather do it for themselves for 50%.

@iRadhikaGupta 95% of the fund managers in America don’t beat the S&P 500 . In India it’s a little different as of now but as markets get efficient and Indian market gets bigger … more and more fund managers won’t beat the index . This is the truth . 10% IRR is what an S&P 500 index fund gave

I am always reluctant to respond to such messages, because I do not make comments about individuals, but about narratives. The original article and post referenced here addressed narratives that call mutual funds a scam and retail investors silly. I stand by every word of that. Markets go through cycles, with periods of excess, correction, and everything in between. Outcomes are never uniform. In times of correction, crisis or war, any data or statistic will favour the critic. In a rally, the opposite is true. The reality, as always, lies somewhere in between. SIPs were never meant to eliminate volatility or losses. They are a disciplined way to participate through cycles, rather than attempt to time them. The mutual fund industry in India has always stood for long-term, disciplined, and diversified investing, encouraging investors to stay the course across market environments. Over time, this approach has proven more effective for most investors than more speculative or timing-led approaches (a simple check on F&O and direct equity outcomes may be helpful here). They must be judged over a long horizon. In the *very worst* case, a 10-year SIP in Edelweiss Midcap Fund has delivered ~10% XIRR, which is not a bad worse case outcome. The key is 10 years. For the average investor, the choice is not between perfection and imperfection, it is between discipline and speculation. Over time, disciplined investing in regulated financial products has consistently proven to be the more reliable path to wealth creation. Finally, it is easy to be cynical, but more rewarding to be optimistic. It is ultimately as the lines go not the critic who counts… the credit belongs to the one who is actually in the arena. google.com/amp/s/www.mone…

@Yashraajsharrma If someone keeps on abusing you … you take it as bad karma of past life and if you retaliate back then you create a new contract of bad karma ? Is this correct

Karta bhava is “I am doing this.” There is ownership, ego, and attachment to results. Kartavya bhava is “this needs to be done.” Action happens as duty, without inner claiming. Same action, different inner state. First binds you to outcomes. Second keeps the mind lighter.

In the Bhagavad Gita, Krishna explains that karma is rarely black and white; it is a complex tapestry of grey. When you harm someone, even if they "deserve" it from a past life, you are stepping into the role of the Doer (Karta) fueled by your own ego or resentment. This creates Papa (sin), which is a heavy debt that binds you. Conversely, when you perform Paramartha, meaning selfless action for the higher good, you generate Punya and lighten the soul. Think of Arjuna on the battlefield of Kurukshetra. Krishna did not urge him to fight out of hatred or a desire for revenge. Arjuna’s arrows were for Dharma Sthapana, which is the restoration of cosmic balance, and not a personal vendetta. If you act as a neutral instrument of justice, you remain free. However, if you act to -settle a score, you are not finishing an old debt; you are simply signing a contract for a new one. It is all in emotions. I often suggest easing karma by removing toxicity from within.

@ActusDei The only difference is when he speak people will listen as he is a Billionaire . Just like Warren says many people say better things than me but when I speak people listen because of my status .

Been saying this for a while now

@DocPriyamMD You’re a first year resident … I wanna see you how you behave and talk when you’re 20 years with experience .

Tell me your doctor has an EMI to pay without telling me. At this rate, we’ll be treating common sneezes with Meropenem by 2027. All she needed was steam inhalation and some rest!

@aditya_kondawar Brilliant selling my house and investing in nifty

Sunil Singhania Sir at MFD Galaxy - "We are a $4T economy. $1T was built by steel, cement, aluminium, jute, and textile companies. $1T to $4T was driven by banks, pharma, and IT. $4T to $8T will be built by semiconductors, AI, defence, niche pharma. Totally agree with Sunil Sir, Innovation will drive us forward! And there are a lot of great things to celebrate here - - Companies like Azad are signing long-term agreements for niche product exports - Solar Industries is sending defence products outside India - Pharma companies are investing in CDMO/CRO/Biosimilars/GLP1/CRISPR - Tata, CG, and many others are setting up Semiconductor Fabs, OSATs, ATMPS, and much more - Even memory makers and 2nd tier companies are setting up base (chemicals, films, gases, software, etc) We are witnessing a structural shift across 4 layers - - Import substitution → Export competitiveness - Assembly → Design + IP ownership - Services → Deep-tech + manufacturing - Low-margin → High-value niches Innovation is not an option these days; it's a necessity! no stock reco

@abhymurarka What an idea sir jee selling my house and buying nifty