Harsh
285 posts


🚨 TOMORROW COULD BE THE WORST DAY OF 2026
The Supreme Court will rule on Trump’s tariffs…
and there’s a 76% chance they’re ruled ILLEGAL.
Some people really think this is bullish.
BUT IT ISN'T.
You need to look at what happens right after the ruling.
HERE’S THE UGLY PART:
Trump explicitly stated the payback could be HUNDREDS OF BILLIONS.
If you include investment damages, that number hits TRILLIONS.
If the court nukes the tariffs, they’re instantly blowing a massive revenue hole in the Treasury.
THIS IS A FISCAL SHOCK EVENT.
The market isn't pricing in the chaos of refund fights, emergency debt issuance, and sudden retaliation risk.
When that reality hits, liquidity will be pulled from everywhere AT ONCE.
Bonds, stocks, crypto. They will all be used as exit liquidity.
Be careful out there.
Btw, I’ve been in macro for over 20 years and I’ve called the last 3 market top and bottom publicly.
I’ll share my next move soon, and if you haven’t followed me yet, you’ll regret it.
If you want to know how I was able to make my first $1m at 26, comment "MILLION" and check your DMs, I’ll send you my guide.

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I just came back from moderating the PPFAS Annual Unit Holders' Meet. My 4th time doing it and my 5th yr of being an investor. When I asked the assembled audience, how many had been invested for 5 years, almost every hand went up. It was quite amazing to watch - patient long term retail investing at work!
Now, some key announcements.
1) PPFAS Large Cap Fund
Idea is to create an entirely new category, think of it as 'passive plus.' They will replicate the Nifty 100 but do some things to enhance returns. Like buying futures when futures are trading at a discount or taking advantage of a special situation (eg: a corporate merger/swap) or buying stocks before an index rebalance. ETFs and Index Funds forcibly buy on the date of rebalance, essentially providing an arbitrage opportunity to those who do it first. Idea is to launch it at an expense ratio of a passive fund (0.1-0.3%).
My thoughts: PPFAS sees it as an add-on for those who do Flexicap + Passive. The idea is indeed innovative and possibly can disrupt the passive space.
If it works. That is the key question. We must let them build track record and prove that it works. Till then, I'm quite happy to stick to the Flexicap.
2) GIFT City: Nothing in a hurry. The PMS is live, the 2 outbound passive funds have received approvals. The inbound feeder and esp the outbound active will take a lot more time. They'll do a separate webinar on GIFT.
3) Questions about size: Market has also grown. Large caps now start at 1 lakh crore mcap. Even small caps start at 10k cr mcap. So AUM of 1 lakh crore on flexicap is not a big challenge.
4) IPO: Neil Parikh said they're planning for a 2030 listing. Rajeev added that regulations may not allow a unitholder quota in the IPO.
5) Final thoughts: There is something incredible about this event. A pilgrimage for many - India's Berkshire Hathaway and it is a privilege to moderate it year after year. I've stayed put as an investor for 5 years and reaped the rewards of it.
I'll do a separate post on Rajeev's comments on valuations, cash holding and going overboard on equities.
For more in-depth discussions on PPFAS and other mutual funds, please join our personal finance community. Reply personal finance and I'll send you the link.

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Harsh retweetledi

@fpaedutech What if interest rates go up? FDs don't have interest rates risk
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As we are expecting interest rates to fall, we feel Debt Mutual Funds are in a better position for investments vs the FD.
#invest #fpaedutech #investingforbeginners #investment #investing101 #investments #cfp
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Big win! Lay's India to reduce palm oil usage!
Last month, I made a video showcasing how Lay's India uses palm oil but Lay's USA does not use Palm oil!
After a lot of public pressure, Lays India has set a public statement that they have begun the process to replace palm oil in their Lays!
After Lays stops palm oil, it will also put pressure on all other brands like Bingo, Haldiram to potentially replace palm oil!
This is a major victory for the health of all Indians!
Let us all unite and keep fighting to make India healthy!
#LabelPadhegaIndia
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Harsh retweetledi

Chandrayaan-3 Mission:
'India🇮🇳,
I reached my destination
and you too!'
: Chandrayaan-3
Chandrayaan-3 has successfully
soft-landed on the moon 🌖!.
Congratulations, India🇮🇳!
#Chandrayaan_3
#Ch3
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My first delivery brought me back to the zomato office. Lolwut!

Deepinder Goyal@deepigoyal
Going to deliver a couple of orders on my own right now. Should be back in an hour or so.
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Harsh retweetledi









