Shashikant Kore

Maharashtrians - "ये मेरा भांडण नही हैं. मैं तो खूप छान हिंदी बोलता है."

I sort of got a job offer at <it's complicated-but-probably-net-unethical-company> and it was really unnerving to notice my brain slowly watering down and reinterpreting the principles I held when there was no cost to holding them

In 1973, the oil embargo lasted 5m & caused a decade of stagflation. The world was not globalized & things were sourced locally. 1) Today the ENERGY CONTENT of products around you is much much higher than 1973. 2) The West has too much DEBT so impossible to fight stagflation.

I’m currently in SK Seoul, and here, you have to throw out your trash in government-issued prepaid bags. That’s the rule. Two days ago, news broke that the Korean Ministry of Environment had launched an investigation into nationwide inventory after reports showed that bag manufacturers only had a month’s worth of raw materials left. With the Strait of Hormuz facing a potential blockade, the supply of naphtha has tightened, leading to growing concerns over production hiccups for the polyethylene bags made from it. My wife nagged me to go out and buy some in advance, so I just got back from the convenience store. I was curious, so i slipped the clerk a few bucks and asked some questions. "How much has the volume of sales increased compared to usual?" "At least several times over." "Is there enough stock here?" "I’m not sure. The owner told me not to sell more than two bags per person from now on." "Does it seem like ppl are panic-buying after seeing the news?" "Yeah i think so. Just in case i even told my boss and set a few aside for myself." This is happening in a country with the world’s fourth-largest ethylene production capacity. Right now it’s just a minor anecdote tucked away in a corner. But in two weeks, this will be felt everywhere on the planet. By then there won’t be any "nothing’s going to happen" talk or pointless questions. The clock is ticking at this very moment. #oott #iran

It looks like Laos is truly the first wave of what’s likely going to roll out globally to everyone soon enough. The tip of the spear. Just like COVID, this is starting in East Asia first but will impact the entire world. This is basically slow moving COVID. April will be a fantastic month for some buying opportunities on the markets.

These 200ml bottles are not exactly new. But they seem to be rapidly replacing the 500ml ones.

Newest shrinkflation in town - water bottles now come in 200ml size. Instead of buying 1 litre bottle, you buy 5 of these tiny ones, sometimes, at a mark up.

Decades of electricity, water and fertilizer subsidy will do that. Add in the fact that the govt is a guaranteed buyer, and it's hardly surprising that this is the result.

Inequality astrology - x.com/i/status/18979…

I wonder if this makes inequality astrologers happy.

In an ocean of entitled complainers, be like @annkur.

@pvsubramanyam @deepakshenoy has written on this topic. premium.capitalmind.in/2019/06/budget…

The govt should create a product that remains as the 'Cover' like 401(k). If I move from Hdfc bank fd to shares of Hul, If I move from DSP Multi-Asset fund to Nippon Pharma fund I should not have to pay any Capital Gains Tax. Across fund houses, asset classes, time zones there should be no tax TILL I withdraw out of the 'Cover' The 12.5% cap gains should be levied ONLY when i withdraw from the 'Cover'

Baptists and bootleggers

It's shameful that a regulator for another country has to do the job that our regulator failed to do. But, this will not stop any leader or bureaucrat from giving free gyaan about quality.

This is a true story. A professor in India's premier educational engineering institution caught a student cheating in the exams and suspended him. Next day morning, the boys father who was a senior bureaucrat landed at his home and requested that the matter be forgotten and closed. When the requests and pleadings failed, The professor was warned of consequences. The academic that he was, the professor stuck to his guns. The harassment started. Within a week an income tax notice was served on him seeking details of his foreign travels. A few days later, police landed up investigating a house purchased by the professor in his home town. Later the income tax investigated the sources of funds for that home. In the process of scrutiny, they questioned a few more 'source of funds'. For a professor working in a remote corner of India, this was all too much. He contemplated giving it all up and taking another job. The notices, hearings, responses and harassment continued for about 20 months. Luckily the professor was clean. His foreign travel was official. The house was in a new housing society set up by a group of academics. The management was supportive. 'For 20 months, they robbed me of my sleep', says the professor. On prodding if he would take a similar stand again, he painfully says 'I doubt'! If you indeed want to fight corruption, the starting point has to be the source of corruption - the discretionary powers, arbitrariness and their abuse. It is rampant and completely normal. Remove the discretionary powers and 98% honest people will not worry of harassment when they do what is right! @suchetadalal This story is being retold. Our education ecosystem is subsumed by corruption. And it is normal too..

Competition doing its thing

This is what the legendary former World Champion Anatoly Karpov had to say about the current World Champion D Gukesh! What are your thoughts?

Instead of protesting on street, youth is expressing its anger on social media. I think, this peace dividend of mobile phone is underestimated.

Books? I don't want to read even AI-generated email.

Shot / chaser