DelJargon
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DelJargon
@DelJargon
Calling out hypocrisy, one tweet at a time. As Indians, we must ask the right questions, no point picking sides.



Sat down with Rajeev Thakkar of PPFAS today some of the takeaways from the discussion: - sitting on 19% cash in portfolio currently - still not deploying heavily but continuously looking for opportunities in this market to deploy - we are buying into private sector banks and IT companies - IT stocks look reasonably attractive now - hypothesis is that there will be more use cases in tech due to AI related transition and hence we see opportunity there - private sector banks could emerge as a big theme in next 1-2 years - attractive valuations in private sector banks one of the reasons why we topped up on names like HDFC bank, ICICI bank etc - Bought into city gas distribution MGL, IGL etc Full chat coming soon on The Money Mindset @RajeevThakkar @PPFAS




Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR: Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help. On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead. He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows. If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.


















Lucky for my friend @TheVijayMallya that he got @imVkohli in 2008 draft. The first pick for a draft pick went to #delhidaredevils - they to everyone shock and surprise picked Pradeep Sangwan a delhi under 19 player. Instead of the no 1 draft pick @imVkohli - who not only is a Delhi boy but had just won the U-19 worldcup in Malaysia - the draft took place on March 11 2008 - virat had led India to win the World Cup on the 2nd of March 2008. @RCBTweets had the pick of the No 2 person in the draft - and as Virat was the top pick - Vijay got him. In hindsight - if that decision was different- would that have had an impact on delhi team ? What’s your take














