subirjha

If you are an investor, the red should only add happiness to your life and portfolio. In case you have doubts, keep looking at the other one. @SrivatsaJayanti

Whoever dropped Bhuvi from SRH’s scheme of things, has done a huge disservice to the franchise.

Just a reminder that Sarfaraz Khan wears No 97, as the number in Hindi, 'nau saat' resembles Naushad, the name of his coach, guru and father!

This is the single biggest takeaway for portfolios, on what to do during a war. Wars cause inflation, and stock prices going up is another form of inflation

"The one thing you can be quite sure of: if we went into some very major war, the value of money would go down. You’re going to be a lot better off owning productive assets than you will be owning pieces of paper.” - Warren Buffett

@gurumilespoints It resonates even more strongly in the field of investment mgt, with multiple options, providing ‘free’ advice. The key question that I ask myself is ; if I understand the pain as a practitioner in my domain, how do I treat others, when I am the consumer ? Let’s start with that.

We, as middle-class Indians, have grown up being excellent negotiators/bargainers. It made perfect sense back then. Price discovery wasn’t easy. You had to call multiple vendors, compare rates, and negotiate hard before locking anything. This habit got ingrained in us across everything. But the world has changed. With the internet and online booking, negotiation is almost irrelevant in many domains especially in travel sector. Yet, when we deal with offline sellers or service providers, that instinct still kicks in. There’s always that itch: “Can I get ₹500-1000 off?” Not because it materially changes anything, but for the psychological win of getting a “deal.” Sellers understand this game well. So they operate in two ways: 1.Fixed pricing, no negotiation 2.Slightly inflated pricing, expecting you to negotiate Which means the listed price is rarely the “truth.” That’s why the real skill today isn’t negotiation. It’s judgment. •What is the right price for you? •What are you willing to pay? •How quickly can you decide? You can negotiate hard on an inflated and feel like a win. But you may have missed the guy who was already giving the best price. Because the “right price” is NOT: Seller price – 10% discount In fact, over-optimizing for tiny discounts often backfires. I’ve seen people spend hours chasing ₹100-200 savings and then lose ₹2,000 on flights or hotels because prices moved. Speed is underrated. Good decisions, taken fast, often beat perfect decisions taken late. (Of course, this depends on deal size but most people misjudge where to spend time.) Also, one more thing we forget: When you’re dealing with an expert service provider, you’re not just paying for execution. You’re paying for experience, judgment, and domain expertise which is often far more valuable than the service itself. So next time, instead of asking: “Last rate kitna hoga? Isse kam nahi hoga?” Maybe ask: “Is this worth it for me?” That shift alone changes everything.

@amitvarma What a line ; ‘Caesar was surprised when Brutus changed lanes’ !

Great lesson in there. The problem of paying a ‘crazy’ price for a promising small cap. As Buffet says, invest with margin of safety, so that it allows you to hold for long.

His name was Manjunath Shanmugam. He was an IIM Lucknow graduate. He got a job with Indian Oil Corporation as a sales officer. His territory was Uttar Pradesh. He found that petrol pump dealers were adulterating fuel and cheating customers. He reported it. He sealed the pumps. On November 19 2005 a petrol pump owner shot him dead outside his office. He was 27 years old. The killers were convicted. Sentenced to life imprisonment. His parents did not get compensation for 15 years. His college created the Manjunath Shanmugam Trust in his name to fight corruption. Some men die because they refused to look the other way. India forgets them too quickly.

🧵 India's parents are no longer anti-sport. But that doesn't mean their kids are playing it 🤷🏻‍♂️ 15 months ago, we set out with a simple, stubborn belief: that India 🇮🇳 could play more sport, and learn it the right way. What followed was hundreds of conversations (1/n)

Why AI is still a work-in-progress and it can be an extremely ‘erroneous’ tool in weaker hands :-)

Does this man look Chinese to you? This is an authenticated contemporary painting of Emperor Akbar At a Lit Festival yesterday, @authoramish said that it was absurd that we think Akbar looked like Prithviraj Kapoor. As per him, to our eyes, he would've appeared Mongolian or Chinese Also that his language wasn't Urdu but Turkish/Persian Nobody had asked him about this! He said it on his own as an example of the historical absurdities we believe... and repeated it about three times. According to him Akbar was Central Asian, looked nothing like an Indian Now I see this as a real problem when we've left history in the hands of so called history narrators instead of history scholars, because make no mistake, it is a scholarly discipline If Mr Tripathi had done even a bit of research on either history or geography he would have come to know that while Akbar's court language was Persian, by his generation, the spoken language in the royal household was close to what is now Brij Bhasha & Haryanvi - what later evolved into Hindustani. Akbar incidentally also was very interested in Sanskrit and Sanskrit texts. Of course, he was famously illiterate so could not read/write in any language Back to geography and Prithviraj Kapoor. Mr Kapoor was born in Peshawar probably in the same mohalla my grandmother (my parents are both Peshawar born) If only Tripathi had picked up a map of Asia, he would have found that even Babar's birthplace is only about 700 km from Peshawar - about 30% less than the distance between say, Delhi and Patna. The world is, surprise surprise, a continuum where faces don't magically transform at borders of modern nation states. That is why many in Mumbai persistently mistake me for a Parsi or Irani. Or why Prithviraj's son had blue eyes 😊 The burden of Mr Tripathi's song was that all history is biased with an unstated corollary that therefore any made up version of history is as good or valid as an academic's This is a dangerous slope in any field History ultimately has to be based on original (preferably contemporary) accounts if available, as well as other sources like archaeology, architecture, sculpture etc A close friend of mine, a world renowned business strategy professor, once said to me, "I've more in common with a Ph D in History or Physics than I have with a management practitioner. My mindset is that of an academic". He has the discipline of researching everything from original research papers so much so that during Covid all of us in the batch gave up trying to keep up with the fast changing medical research & delegated it entirely to him to read the papers properly and advise us on the latest research, along with the caveats That is the discipline of #academics! This whole thinking that no rigor is required to start spouting your version of history or anything else at all makes me wince Even assuming earlier #history writings are biased they've to be refuted by proper #research, not made up stories!

@kartik_kannan Stardust in 1994. Must be a fancy salon. Jokes apart, you narrated it well. Each major innings of Sachin in 90s was a milestone in Indian cricket. As @bhogleharsha puts it, both, Sachin and Indian economy, were taking baby steps, onto the global stage. Former was slightly ahead.

March 27 1994 I woke up at 230 AM. I left my bed and opened the front door, closing it and walked in the corridor to see if my neighbour was awake. He was. His grill was closed but door was open. He knew I might come by. He was a retired USIS employee who was cutting vegetables at 3 am and drinking whisky while his TV was on. One wink from the door and he asked me to come in. My retired 62 year old neighbour was one of the only few people to have a Star TV connection in our block of 35 houses in the apartment. I went in and watched NZ struggling. All the high of Morrison’s hat-trick in Napier evaporated. NZ were at sixes and sevens that morning Our pace attack of Ankola, Kapil and Srinath ran through NZ’s top order leading them to 34/5. Watching them sluggishly get to 140, was a slow burn event that weekend. In that time Ganapathi uncle had downed 3 Large pegs and his wife woke up to collect the vegetables to cook. I heard on commentary that Sachin would open. But I didn’t want to overstay my welcome so left his place at 6 am in the innings break. My mother asked me to get to the barber (Kanna Hairstyles in Adayar). Quick haircut with a cursory glance at Stardust magazines featuring Mamta Kulkarni and Raveena Tandon, since my heart was racing to know if India had begun their innings. I walked back and through the apartment wall grill, noticed the score as 47/0 in the 7th over. I could not believe my eyes 👀. We were scoring at 6 an over. I quickly went in to my place and bathed and shamelessly went back to Ganapathy uncles house, asking if Tendulkar had scored these runs as an intro line. He said ‘come come he is hitting bowlers for fun’. Those few minutes until he got out at 82(46) was like a trance. A life memory watching Sachin bat this way. The only regret, was to use the haircut 💇‍♂️ excuse at the wrong time. Nor could I watch Sachin nor could I give Raveena Tandon the time I wanted on Stardust.

@bharatbetpf Very proud of the fact that he is from our school : DPS Bokaro ! If i remember correction, he even had Maths with Bio in his +2 days at DPS Bokaro

I don't think Neelkanth Mishra appreciates how much higher his IQ is vs the average listener. Dude casually drops fluid mechanics references in the middle of an economics discussion! We are all incredibly fortunate to be able to access his views for free in real time!

Financial freedom at its best use !

@VoyageBliss Have always struggled with the login, after having forgotten the password. Any pointers there ?

LifeMiles seems to be quietly shifting toward distance based pricing US domestic was the first signal, now Oceania looks impacted too BKK to SYD and BKK to MEL are pricing differently in Economy despite being in the same zone Business class still appears to be at the standard rate for now

This is why one should invest in healthcare in India ! #roce

For us in sales, this is such a relevant thread on how to use the right opportunity to sell.

Absolutely !

Absolutely India is a ‘work in progress’. Yes lot of things could have been done better, but we have always grown despite of the govt (machinery) and not due to them. That’s not going to change over night.