Shrikrishna

if your thoughts get too big, go somewhere you feel small.

Sadly, this instance is expected to be overshadowed by the North-South divide. We’re losing a rare opportunity to reform parliamentary procedures, increase quality of debates, accountability of MPs etc. @shrikrishna5 and I shared some suggestions in 2024: timesofindia.indiatimes.com/india/shake-ha…

Everyone wants to be your friend when you’re wealthy. Kuvera by CRED will be your mirror.

know thyself.

look closer.

The machine that built the chip in this video should mass-humble every human who's ever lived. ASML's latest EUV lithography system costs $370 million, weighs 180 tons, and requires three Boeing 747s to deliver. It contains over 100,000 individual parts from 5,100 suppliers across 14 countries. It shoots 100,000 molten tin droplets per second with a laser, superheating each one past the temperature of the sun's surface to generate light at a wavelength so short that no natural material on Earth can focus it. So they had to invent new mirrors. Each one is polished with 100 alternating layers of molybdenum and silicon. The surface tolerance is so extreme that if you scaled a single mirror up to the size of Germany, the tallest imperfection would be 1 millimeter. Those mirrors took 20 years to develop. The company that makes them, Zeiss, had to build entirely new metrology tools just to confirm the mirrors were flat enough, because no existing measurement instrument on Earth could verify the precision they needed. The machine prints features at 2 nanometers. That's roughly 10 atoms wide. A human hair is 80,000 nanometers. A red blood cell is 7,000. A single COVID virus particle is 100. These machines are etching functional circuits 50 times smaller than a virus. TSMC is now mass producing 2nm chips in a Kaohsiung fab so large the cleanroom is twice the size of any competitor's. Each 2nm wafer costs $30,000 to produce. The entire 2026 production run was booked before a single chip shipped. Apple, NVIDIA, AMD, and Qualcomm all reserved capacity years in advance. TSMC is spending $28.6 billion just to build enough fabs to meet demand for this one node. The chip that comes out of this process is smaller than a fingernail, runs on less power than a light bulb, and contains transistors that wrap gates around nanosheets of silicon only a few atoms thick. The raw material it started as was sand. The sand cost a fraction of a penny. The civilization that processed it into this started by banging rocks together.

the future is just an endless churn of adapting your consumption habits to whatever venture-capital-backed seller is currently selling at a loss to capture market share

When George Fernandes was being attacked for the nuclear tests in 98: “But was it not at the cost of contradicting principles he had stood for all his life? Without batting an eyelid, George responded, ‘yes, even at the cost of contradicting oneself, even at the cost of dying.’”

All of nature is like this; we just have to appreciate it as such.

When your portfolio manager calls your stock idea stupid, but ChatGPT would have said “you are not just spotting patterns, you are anticipating outcomes”

Bazball meets Travis Head (Ashes 2025)

Securities Transaction Tax (STT) is the biggest tax that traders pay, and it's much higher than brokerage fees. At Zerodha, the STT we collect and pass on to the government is higher than the brokerage we earn. Trading volumes are highly sensitive to the STT. The level of STT also affects whether traders trade more in cash equities, futures, or options. There's a lot of concern that Indian options volumes have exploded; I don't think it would be a stretch to say that STT is a big factor in this. Until 2008, the STT on options was based on contract value, making it impossible for anyone to trade options. After that, STT was charged on the premium, and options became more cost-effective compared to futures, and volumes shot up. By the way, the idea of @zerodha came about when the STT for options was brought down to a premium value. The bet was that people would trade more options. It did play out the way we had thought it would. 😬 We've had several STT changes over the years. This has had a more significant impact on cash and futures than on options because STT was on premium value, and on cash/futures, it was on total value. And yes, the introduction of weekly expiry and restriction on intraday leverage for stocks added a lot of fuel to the fire of option trading volumes. So yeah, I wish we had no STT, but I guess that's not a solution. 😃 But if STT were brought down for cash and futures and intraday leverage were increased (from the minimum 20% now to as much as futures), I think the trading volumes in cash and futures would automatically go up. It is a much better strategy to increase cash/futures volumes than to reduce trading volumes in options.

.@grok pick one like/reply in 24 hours and CRED will pay their last credit card bill.

Survival is hundred percent a factor of luck here!

From Chokers to Champions – South Africa just uncorked history! 🏆#WtcFinal2025

What an honour it is to be praised by the very man who inspired generations to pick up the bat @sachin_rt Your words mean a lot to me and to cricket in Afghanistan. Thank you, sir.

My piece for @IndianExpress on what India must do to achieve the 100 GW nuclear energy by 2047: ⬆️ domestic reactor nameplate capacity, ⬆️ funding sources, invite private sector, reform regulatory infrastructure etc. The ambition must match execution. indianexpress.com/article/opinio…

One of the most memorable speeches in the last 4 decades, “I do not minimise the difficulties that lie ahead on the long and arduous journey on which we have embarked. But as Victor Hugo once said, “No power on earth can stop an idea whose time has come”. I suggest to this august House that the emergence of India as a major economic power in the world happens to be one such idea. Let the whole world hear it loud and clear. India is now wide awake. We shall prevail. We shall overcome.” #ManmohanSingh #India #RememberingDrSingh @CNBCTV18News @CNBCTV18Live

The most misunderstood book. Fantasy that never happened, there is something lame about that. But magic that may have happened, now that is something. Read free on my site. bymanujoseph.com/2024/12/22/gab…

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