∱

Fair, talking more as a short-term trade/pf alloc in the current context As a long-term investment, I dislike how they do capex, succession planning, and have too many interests. But even I can't deny that telecom and refinery are insane cash machines that can forgive a lot of their mistakes, for now anyway. And I believe Reliance shareholders have done relatively okay, compared to other Ambani group cos where nastier things happened (and still going on).

@Fallibilist Seth will never let his shareholders see a single penny of it, and his idiotic spawns will lose everything within 10 years of his death.

Honestly tho, why aren't there enough people discussing Reliance much here? - Decent valuation - Demand high, refining margins great because exports and price shock is sticky - Can get both Venezuela oil and Russia oil now - Makes deal with Trump on US refinery (let's say just positive sentiment more than actual business for now) - Keeps buying up oil on the ocean - About to IPO Jio

@makdiya96057 well, it stayed flat while Nifty went down 8%, that's "going up" too, we deal in relative performance in this business And people don't seem to get tired of discussing HDFC Bank every damn day even before the drama

@Fallibilist Maybe because largest stock in NSE in terms of market capitalization and people don't expect it to go much up .

@iMicrocap Nope, don't like that one

@Fallibilist Also Jio Finance

@initishshukla Agree with all of this

@Fallibilist For sci-fi fan like me, Villeneuve made Dune easier to digest without butchering the material. Quite the opposite of what Apple did with Foundation: the novels were lucid and enjoyable. Apple butchered the material and made it confusing for the first time watcher.

Chalamet was mid in Dune 1 but alright in Dune 2. Zendaya can't act right at all. Dune wasn't supposed to be movies but a TV show to explore all the the themes the right way instead of just Villeneuve binging on aesthetics and massive aerial shots most of the time

HDFC Bank to index longs now

gm let's do this, one day at a time

Cash Dubai crude (balance of the month) just broke above $170 per barrel. To my knowledge, no crude has ever commanded more than $170/bbl before.

@initishshukla It must be so over before we can be back kinda sorta again

@Fallibilist It's going to be like this for 1 - 1.5 months. Nifty may scrape the bottom of the barrel.

- ALL sectoral indices red today - Absolute capitulation during last hour (no help from opex even) as index hits -3.5% - Poor show from DIIs - HDFC Bank actually recovered quickly from day low and pinned okay Yet look at this embarrassing level of fund manager cope

@iMicrocap no other way

@Fallibilist This is why I quit active research and became professional shit poster.

@ethiopiancheri just grabbed one (skipped the meal)

my fatass omw to grab a sweet treat after every meal

sometimes it really hits me that life is short (went long some natty)

Qatar losing 17% of LNG capacity ($20 billion in annual revenue) for upto 5 yrs And the repairs would cost $26 billion This is really awful for India too

@_AK7004_ get well soon!

@Fallibilist Mei jab bhi sick hota yha market mei active nhi hota tabhi aise move kyu aate 🫠

"the war will end soon, you just watch" - guy with 20% DD (30% after today)

@G3ni3sWish No, Rhythm Desai ruined us, now it's America's turn

@AshishGupta325 downOnly

@Fallibilist Blastt