Prashanth

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Prashanth

Prashanth

@Prashanth_Krish

Chartered Market Technician, Systematic Momentum Investing. Models @valtrustcapital Community Forum : https://t.co/66UUpN6BPW {DM for a Invite}

Bangalore Katılım Mart 2009
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Prashanth
Prashanth@Prashanth_Krish·
Alert: Seems one is using the name of @PortfolioYoga to ask for money for Intraday advise. Call received from Number bearing +91 81110 - 01861 Do note that @PortfolioYoga has stopped accepting any new clients long back and is not providing ANY SERVICE or asks for money.
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Prashanth
Prashanth@Prashanth_Krish·
@VGPS1978 Lol. Sir, cannot afford anything fancy (though have reproductions there). First Water color I bought at the first Chitra Santhe
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VGP
VGP@VGPS1978·
@Prashanth_Krish I don't have any hobbies like collecting arts bcoz I don't have enough money like u saar 😂
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Prashanth
Prashanth@Prashanth_Krish·
@san1suresh the village is famous for Pattachitra paintings. Agree, can get online too, but feel better to pay same price to the Artist directly vs through a middleman.
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Sandeep Agarwal
Sandeep Agarwal@san1suresh·
@Prashanth_Krish probably i was not clear on earlier post, my point is - such stuff is always more expensive at travel destinations. And i buy from there only for nostalgia and dont look at value. knowing fully well that most likely i will get it much cheaper online / big city.
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Prashanth
Prashanth@Prashanth_Krish·
@san1suresh was looking to buy paintings which were quoted around 25K+. Found same things in Chitra Santhe for much lower prices
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Prashanth
Prashanth@Prashanth_Krish·
@san1suresh did not experience that in Nepal / Sri Lanka though. I never bargain since I feel its offensive (especially Art & Craft)
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Prashanth
Prashanth@Prashanth_Krish·
@omarali50 the world saves much of its savings in $ allowing US to borrow at lower costs. If, $ gets replaced, US borrowing will have the same issues countries with fiscal + trade deficit have today. India for example thought its unlikely to happen given lack of alternatives
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Jiten Parmar
Jiten Parmar@jitenkparmar·
One of the greatest blunders of all time ? Phillips owned 50% of ASML. The 1995 IPO brought in about $85 million for about half-share of the offering. Subsequent secondary offerings and the final 2004 exit brought the total estimated proceeds to around $1 billion to $1.5 billion. Current mcap of ASML is $530b. Phillips stake would have been worth $265b. Phillips mcap currently is $27b Phillips has more fumbles. Will share later.
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Prashanth
Prashanth@Prashanth_Krish·
Bottom line: the Israelis are so exceptional that they do not need to care if their own actions cause a major, global energy- and economic crisis, including a possible famine. xxtomcooperxx.substack.com/p/aggression-b…
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Prashanth
Prashanth@Prashanth_Krish·
Why its tough to survive as an Entrepreneur in India. Failure is looked down as being stupid vs its part of the game.
The Kaipullai@thekaipullai

Bhavish Agarwal till date has raised about Rs 54,000 cr ($6 Billion) for all his businesses, ranging from AI to Second Hand cars. To put this in perspective this is what Rs 54,000 cr does for you 1. The total cost of installing the Mk3 Water pump, that greatly alleviated India's water problem - Cost Rs 50,000 Cr 2. Our Entire Rafale deal, was about Rs 58,000 cr 3. The entire first 83 jet order for Tejas, was Rs 50,000 cr 4. ISRO's annual budget, is Rs 18,000 Cr. 33% of what Bhavish raised. 5. The total earnings of Hindi Movie industry, from 2021-2025, was Rs 21,000 cr. Less than 50% of what Bhavish has raised. 6. With Rs 54,000 cr, you can setup 11 Lakh Idli / Dosa outlets 27 lakh Vada pav stalls 36 Lakh Bhel puri stalls With the amount of money he has raised, one could have Setup up a functioning Air Force with advanced Fighter jet Funded ISRO for three years Supplied all the Villages in the country with Bhel Puri or Idli He raised more money than what India's biggest movie industry in 5 years. With Rs 54,000 cr you can do anything. But somehow, Bhavish Agarwal has not been able to setup a functioning, profitable, stable business with that money.

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Anupam Gupta
Anupam Gupta@b50·
yes sir, that is the sad reality. But as long as there are knowledgeable and wise people such as yourself, I know that garbage/engagement farming tweets like those will get called out. Perhaps those kids need to change their content consumption pattern instead of assuming WhatsApp is best.
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Prashanth
Prashanth@Prashanth_Krish·
@vijayshekhar "Never underestimate the man who overestimates himself." - Charlie Munger :)
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Prashanth
Prashanth@Prashanth_Krish·
@b50 Haha. But Sir, its tweets like these that go viral and seep into the WA groups and conscious of people. Know kids who are at home since they haven't been able to get a job but too afraid to risk and go on their own too
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Anupam Gupta
Anupam Gupta@b50·
@Prashanth_Krish Sir. Please do not make sense on Twitter. If you say anything sane and accurate (as you clearly have) then people will say how dare you make sense, go to Pakistan (or USA).
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Devil's Advocate IN
Devil's Advocate IN@jaganmsna·
@Prashanth_Krish @alok31777763 Cultural revolution was 100x worse . India has retained most ancient folk traditions good or bad is different. China has nothing . Losing 3000 years culture is harsh
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Prashanth
Prashanth@Prashanth_Krish·
@EVpreetam1729 Hubris affects everyone, more so if one has gone against the wind and emerged (per his barometer) successful
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Preetam
Preetam@EVpreetam1729·
@Prashanth_Krish The post isn't mocking Bhavish's failure after a sincere attempt but rather his hubris of not learning a damn thing and not course correcting.
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Prashanth
Prashanth@Prashanth_Krish·
@alok31777763 @jaganmsna take any non democratic country (no Natural Resource either). Very few (and even there small city nations) have done well for themselves
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MacroGuy
MacroGuy@alok31777763·
@Prashanth_Krish @jaganmsna Sorry but that's a Western society myth, we keep saying that anyone who doesn't have a government like us is a bad anti democratic, but we should understand the fact that Democracies are also just kleptocracy in with enjoyment/illusion of bottom to participate in it.
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Prashanth
Prashanth@Prashanth_Krish·
@sirshikhar @jaganmsna any business that cannot forecast a J curve growth since that means no access to VC funding. Capital then has to come from one's own resources and one failure is enough to doom one for life
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Prashanth
Prashanth@Prashanth_Krish·
@alok31777763 @jaganmsna China can do what it does since there is no rule of law other than what CPC decides. Equity investors there haven't earned anything for a decade and more. FT had a article on this just today
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MacroGuy
MacroGuy@alok31777763·
@Prashanth_Krish @jaganmsna That's a trade off one has to take,look at the Chinese side margin profile, despite enormous subsidies extended by CPC.
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@VGPS1978 @san1suresh @omarali50 @deepakvenkatesh @InvestmentBook1 @jaganmsna @jitenkparmar @OpenAI