learner

Nalanda's Pulak Prasad's book had a huge impact on the the way I Invest. While reading the book I have taken detailed notes and created a checklist for myself before choosing any business for an investment. Luckily with AI, I could compress my notes in a single image👌

Why overthink IT right now? Many small caps are getting cheaper and face far less AI disruption risk. Even if IT turns out to be a contrarian bet, why spend your time there when better, simpler opportunities are available at fair value? Focus where the odds are clearer.

@Finstor85 Can you share these scenario reports?

Further more features are now live with Curiosity Stack. - Significantly reduced token consumption vs. previous versions - Share your output cards with friends - Progressive layer specific output cards Note: The plugin is still in review queue with Anthropic. If you are an existing user, you still have to manually uninstall & install again. Github repo is updated [github.com/ameya85/curios…]

@TheStockBox1 I am worried about the labour arbitrage

@PatilInvests I think India's IT is set to be successful in the long term. This is just an interim pressure due to AI. Eventually we need trained people to implement the AI for companies and we have a lot of people in India.

This is a very balanced view on IT :

@amritwt I hope you know how to read a balance sheet

“just buy the dip bro”

@TheStockBox1 I just liked this part on IT

@PatilInvests I heard this podcast while going to office yesterday, honestly nothing new to learn. I must say it was boring.

@ihtesham2005 Clickbait 101👌

🚨BREAKING: Claude has a secret mode called "First Principles Breakdown." It strips any complex topic down to its raw fundamentals like Elon Musk thinks through problems. Here's how to activate it:

If yes, then good luck Indian economy! #TooBigToFail

Bad day if you eat it x.com/foodpharmer2/s…

Bro kis muh se bheek mang rahe ho? You are the fund!

There are more than 30 people in Forbes 30 under 30.

@REDBOXINDIIA @VijayKedia1 Damnnn

Both are terrible but at least @VijayKedia1 never revealed himself below the waist

Ai flowing through PVC pipes🚀🚀

@shiladitya4u Ohh how cheap is that! Wow 45PE 🙂

Varun beverages: One of the best wealth creators in last 10 years. Available at it's lowest PE ratio in last 5 years.

@RahulRao_1992 Its impressive though

Cooling is the single largest driver of power demand in India. That's why Government of India wants to control your AC temperature. Between 20°C - 28°C "First of a kind experiment", said the Minister of Power. Every 1°C raise lowers your electricity bill by 6%. Bureau of Energy efficiency (BEE) stat. Not mine. We're happy to pay, you say. The Government isn't. It must supply that electricity in the first place ! Peak power demand hit 242 GW in June 2025. About ~25% came from cooling. It can gets worse. Only 10-12% of Indian Households have ACs today. Over the next 10 years, India Climate and Energy Center (IECC) expects cumulative demand for 13 - 15 crore ACs. In 2025, ~1.4 crore AC units were sold/bought. So you can see why 13-15 crore by 2035 is a base case. With 10X the current installed AC base, Peak power demand may reach ~40% by 2035. IEA estimates say that'll be 180GW. By limiting AC temperatures between 20°C - 28°C, we could save about 30GW. University of California study says updating India's Minimum Energy Performance Standards (MEPS) that raises the 1-star label to ISEER 5.0, equivalent to today's 5-star level could also bring in massive savings. About 60GW by 2035. There are other solutions, ranging from: Innovative cooling solutions to District cooling to GWP compliant coolants. Bottomline: Cooling, rather Global Warming is a Mega-Trend. Studying the AC value chain can offer insights that can help us ride this trend. P.S - Do you own Research.

@Rahul_J_Mathur How many generated PAT?

40% IRR, 42 companies across 5 funds with only 6 new investments per year - Manu Chandra is the GOAT of consumer investing in India Sauce Consumer Fund I (2019) was a ₹60 crore vehicle with Manu as the solo GP - the returns are staggering: Realized = ₹79.1 crore Unrealized = ₹377.2 crore Therefore, Fund I is a 7.6x over 7 years 🤯 The XIRR (to investors) is well above 40% which makes it one of the BEST performing VC funds in India Manu’s approach is that of a Private Equity investor: (a) Deep conviction (b) Concentrated positions (c) Disciplined capital allocation Lets look at his playbook ⤵️

@Indianslumdog Prove or delete

An ice cream brand whose main ingredient is palm oil is getting the tag of "GREATEST"

@aditya_kondawar Interesting! One of the great quality compounders of last decade though never traded below 25PE

Uno Minda has consistently added new product lines 2005 – Sensors • Inception of the Sensors and Controllers division 2007–2010 – Batteries • Inauguration of manufacturing facility in Pantnagar 2007–2010 – Blow Moulded Products • Production started at the Bengaluru site 2007–2010 – Alternative Fuel Kits • Design and development initiated at Manesar facility 2007–2010 – Aluminium Die Casting • Expansion into die-cast products for automobiles 2010 – Filtration (Air Filters) • Formed JV with Roki for air filters and canisters 2011 – Fuel Caps • Commenced production of fuel caps 2011 – Alloy Wheels (PV) • Formed JV with Kosei for PV alloy wheels 2012 – Infotainment Systems • Formed JV with Denso Ten for car infotainment 2013 – Horns (Global) • Acquisition of Clarton Horn, a leading European manufacturer 2016 – LED Lighting • Acquisition of Rinder Group, adding LED lights to the portfolio 2017 – Electronics (EMS) • Formed JV with Katolec for Printed Circuit Boards (PCBs) 2017 – Infotainment Accessories • Formed JV with Onkyo for speakers and accessories 2018 – Embedded Systems • Acquisition of iSYS RTS GmbH (Germany) 2017–2018 – CNG & LPG Kits • JV with Westport (acquired Emer) for alternate fuel systems 2019 – Advanced Sensors • Agreement with Sensata Technologies for BS VI applications 2019–2020 – 2W Alloy Wheels • Technical license agreement with DAYOU for LPDC Alloy Wheels 2021 – Seating Systems • Integration of Harita Seating Systems via merger 2021 – EV Components (2W/3W) • Established JV with FRIWO AG in December 2022 – Seating Mechanisms • JV with Tachi-S for recliners and seat frames 2022 – EV Traction Motors • Formed JV with Buehler Motor in November 2024 – EV Charging (AC) • Technical license agreement with StarCharge for wall-mounted AC chargers 2025 – 4W EV Powertrain • JV with Inovance Automotive for e-Axles and inverters 2025 – Sunroofs • Technical license agreement with Aisin for sunroof manufacturing Source: Company data, Jefferies; no reco

We’d rather build entire theories than admit a simple truth: we don’t know.