Parijat Garg

Perivis Playbooks just pushed out the first earnings result for the season. #TCS. Here's just one section from the generated analysis. This was generated less than 10 minutes after the results went up on the exchange. And now, you can *customize* how you want the analysis to be done. Go check out Perivis Playbooks. perivis.com

Check it out at: perivis.com

Earnings season is back. We built Perivis to watch markets, companies, and policy so you don't have to. But today we're handing over the controls. Playbooks — define exactly how Perivis analyzes and reports what it watches for you. Your lens. Set up in under 5 minutes. Early access open at Perivis

@aviralbhat Have you looked at MyPaperclip? paperclipstore.in

Stationery seems to be interestingly dominated only by legacy brands: - Camlin (94 years old) - Natraj (68 years old) - DOMS (52 years old) There definitely is a play for a new age consumer brand here, wonder why it's not being built

@dharmeshba Well do you want to be CEO or not?

How do I apply for a CEO position if I don’t know the company’s name?!

@elonmusk And yet, here we are.

This has been going on for a long time

@Srasgon Not in hexadecimal it doesn't...

Fun fact - pi actually has only 10 digits

@Sanjay__Bakshi @Iamsamirarora @oraunak People are already monitoring the pizza index around their office

@84pg @Iamsamirarora Ok I will tell @oraunak about his problem for coming Monday. 🤪

Since this tweet below confused so many people let me explain quickly: There are many comments on how people having cash in today's markets will have a feast. What I am saying is that people sitting on cash have already had a feast by saving money thus far and there is no additional feast in being able to buy now. Let us take 2 people : Each has 200 and one is fully invested and one 50% invested. Market falls 20%. First person now has 160. Second person has 180. So 2nd person is obviously and rightly ahead of first and this is already captured in the returns of the two today (similarly in a fund's NAV today). 2nd person now decides to invest all his money. So he is also now fully invested. Hereon if markets goes up/down x% both will go up down the same going forward. There is no additional benefit. Buying cheaply now is NOT a SECOND benefit- the benefit is already captured in your return/NAV saving so far ( it will obviously help in compounding for the rest of the life but the gain has already been captured). Note: I have removed all stock selection impacts otherwise answer for every discussion in markets becomes "it depends on what one chooses to buy/not buy" .

Actually, I think the point is, that advantage has already been had. For an investor who was fully invested so far (and lost more), if he moves his money into a fund like say PPFAS which was so far not fully invested, it won't make any difference if PPFAS also fully deploys on Monday. So, @Iamsamirarora is right.

But absolute wealth for investor B grows more than for A precisely because he had protected his portfolio with cash and therefore, post crash, had more money to compound in the SAME ASSET as Investor B. So there is a double effect no? The percentage gain post crash for both is same but one ends up with more money twice over. You spend money not percentages right?

@Sanjay__Bakshi @Iamsamirarora I agree. Just pointing out the reason for differing perspectives :)

@Sanjay__Bakshi @Iamsamirarora Sir, respectfully, one is about absolute cash, the other is about percentage returns. For a manager of an open ended scheme (such as I was too, for a while), time weighted return (NAV return) is the only metric that matters.

Is this math correct? Consider March 2020: Investor A: ₹1 crore fully invested in Nifty at 12,000. Market falls 33% to 8,000. Portfolio = ₹67 lakhs. Investor B: ₹50 lakhs in Nifty, ₹50 lakhs in cash. Portfolio = ₹83 lakhs. So Investor B is better off by ₹ 16 lakhs. (83-67). This is what you said is "already captured" by holding cash. Investor B deploys all cash in Nifty at 8,000. Both are now fully invested. Nifty goes to 18,000 by late 2021 (125% from 8,000). Investor A: ₹67L × 2.25 = ₹1.51 crore Investor B: ₹83L × 2.25 = ₹1.87 crore The gap went from ₹16 lakhs to ₹36 lakhs. That's not "no additional benefit" — that's the compounding of a superior entry point doing its work. According to you, the ₹16L advantage was "already captured." But the ₹20L of additional gap was the compounding reward that only materialized because B bought cheaply. The feast isn't over at the point of purchase. It's just the first course. Is this correct? Or did I misunderstand the point you were making?

@mrjain When a new cohort of vehicles is introduced, it seems they introduce a new tier of pricing. The old ones never drop out of the service :)

I can't wait for this in India...within 2 weeks the cars will be fuck all.

@CyrusDhabhar Bombay has global infra? If you live your life on the western coast of the city, maybe. I mean...

Every time I drive across the country there is this sad and rather frustrating truth that we have to accept. And I know im stating the obvious here...again. Maharashtra has, by FAR, the worst major highway network in India. I used to drive to Bangalore in the late 2000s in about 10-12 hours. A few days ago, it took me nearly 20. 5.5 hours to Pune, 10 hours to Kolhapur and another 3 hours or so to get to the Karnataka border. After that it was a damn racetrack! Much much much better road manners too. Yes, with Bombay we have some global infra now but the rest of it is a crumbling mess. And every single government - irrespective of of what party - is somehow responsible for this absolute shitshow.

Can someone please do a second pass and remove all the preamble. X asked Y to tell them the story of Z. And then there was a yagya, etc. Would really really love to just get the actual story(ies). @deedydas: this is a super worthy project. Needs to be a bit more accessible in terms of the story-telling. We need to have a MCU-equivalent for the Indian epic universe. I started Project Saket but having zero bandwidth right now, could not pursue it. projectsaket.in

@banglani For some reason, it reminded me of the difference between a bear and a semicolon...

Lenskart has been a standout performer in vertical ecommerce in India. Just a few years ago, Lenskart was a niche player in a small category, and everyone was betting on the broader medicine delivery segment. Surprisingly Lenskart is public now and the darlings of medical ecommerce have stagnated. I guess we should've seen it coming, because Pharmeasy temporary, glasses permanent.

@banglani So are you saying reading will become irrelevant, or will it become a super-power? The first makes me sad, the second makes me excited!

I'm very pessimistic about the future of the written word. For anything measuring more than text-message length, people have stopped both reading and writing. The typical creation and consumption process for say an industry report is: -Creator writes using ChatGPT and inserts infographics using nano banana. -Receiver doesn't read a word of it but instead asks claude to "critically analyze the report and ask relevant questions". These questions are then sent to the creator without review. -Creator doesn't read the questions either and asks Gemini to respond on their behalf. -This gets iterated till we reach a point where it feels diligent but not disrespectful. -Both sides are happy at having done their "work" efficiently. Neither side has understood a thing about the topic at hand. -Over time, our brains get accustomed to complex topics getting broken into easily digestible bites that lose all nuance. Even these bites are not consumed but rather fed into an LLM - the ultimate "listen to respond, not to understand". I'm afraid the tide has already turned and most people in mid-level white collar jobs have already outsourced reading, writing and understanding to the machine. It makes me incredibly sad that after a glorious but short 5000 years, human writing is coming to an end.

@RyanFedasiuk @dgtlemb Could you share the sources you scrape? 1400 sources is a crazy number!!

3/ Every day, twice a day, Digital Embassy (@dgtlemb) scrapes 1,400 sources in Chinese and English. Every major publication, every government agency, and commentary from a few high-signal analysts covering the U.S.-China relationship — pulled into a sleek, readable dashboard.

It’s finally here — the world’s most advanced, realtime China intelligence dashboard. A side project 2 years in the making. I’m calling it “Digital Embassy.” Now it’s yours, for free. Here’s how it works: 🧵 1/10 digitalembassy.net

Surprise is simply the violation of your Bayesian priors...

@yvessirae Life of Chuck

please recommend some movies that feel like therapy, pls pls. movies that make you realize so many things in life. movies that make you cry so hard, that are gut-wrenching yet cleansing, and that gently remind you of your most vulnerable side

@rvivek Consider that Bertrand Russell wrote In Praise of Idleness about 90 years ago. He expected the same thing - better technology means people will work less. Look where we are.

AI is supposed to make us more productive. Yet, every single person I meet is working way harder than ever before. Explain the conundrum.