Alap Ghosh

@somethings_f @TheOnlyDSC Hey friend, we do have a God of truth, justice and moral order. His name is Varuna. In fact, our God of death, Yama maintains a ledger of good & bad deeds and justice is served in the afterlife as well. Some of us have forgotten our Gods. Sad that this happened.

This Indian woman came to visit her family in America and the first thing she does is steal.

@reliancejio Fiber connection has been working inconsistently with very poor speeds sporadically leading to massive disruption. Your support teams refuse to acknowledge a problem and offer no resolution. Please resolve or else I'll be forced to move connections.

We feed the stray dogs in our neighborhood every day, and one of the sweetest dogs was tragically run over by a speeding vehicle. We are raising Rs. 42000/- for his surgery and post operation care. Every small donation counts. Please RT and donate if you can. impaac.org/fundraisers/fu… Please drive carefully and help protect our street dogs. 🐾 #DriveSafe

@carlvellotti 🚀

I've spent 100s hours of finding good PM content. Here's my HUGE curated db of 144: 🔸 tools 🔸 books 🔸 videos 🔸 courses 🔸 websites 🔸 podcasts 🔸 templates 🔸 newsletters I'm going to sell it for $59. For the next 24h only: FREE! Follow + RT + comment "🚀" and I'll DM.

@DigAdvice @PicturesFoIder This beautiful baby looks like Patrick Stewart.

How is this even possible

FinFun Newsletter 115 📊 Stock & ETF of the Week 💡 Life Hacks: Save Big on Home Loans and Taxes with @myemisaver 🤑 Common Sense Position Sizing @CapitalMind 🌐 Microcap Investing 101 @IanCassel 🦢 Taleb's Wisdom: Living with Highly Improbable @nntaleb open.substack.com/pub/bombaylive…

Weekly Fin-Fun Newsletter #107, by @bombaylives open.substack.com/pub/bombaylive… @LarissaFernand @Nithin0dha @MohnishPabrai #india #investing #Mumbai

@CPMumbaiPolice @MumbaiPolice They were polite, reassuring, respectful and helpful. I’m thankful to PC Vikas Babar, PC Bhangre, WPC Mote, PSI Bharat Satpute and the entire staff at Khar Police Station. (2/2)

@CPMumbaiPolice @MumbaiPolice I was a victim of rash driving and bullying. I genuinely felt I was in danger. The officers not only made sure the culprit was found in 15 minutes (at 1 a.m.) & presented within 2 hours, they also made sure that a complaint was taken formally. (1/2)

@SpinnyCare Divyanshu from Spinny reached out and promptly and patiently addressed my issue. The problem has gone away by itself for now. Divyanshu has assured me that if it recurs, someone from Spinny will attend to it. Thank you.

@alap Hi Alap, we’re sorry to hear about your concern and your disappointment in the provided situation is understandable. Not to worry, we will look into this right away and shall get back to you soon on the same. Squad Spinny

@GuardianGNC I’ve sent it. What next?

@GuardianGNC received tampered product when ordering from Amazon. This was underneath your Purple Product seal for the 6 in 1 stack. What’s going on? How am I to trust this?

@richfalkwallace Please & Thank you.

An entire MBA fits on one page. But you better know the math cold. Like & comment if you want the excel. 6 topics: *1) Unit economics* This builds from product-level unit economics to company financials. Quantity per unit, growth in units. Price per unit, growth in pricing. Cost per unit, marketing spend per unit. Get you return on ad spend (ROAS), customer acquisition cost (CAC), LTV/CAC, gross margins, unit contribution margins, and more. This model sets up two diverging products: A higher gross margin (GM), higher marking cost, low pricing power, low growth product. Against a lower GM, better pricing power, better growing, lower unit market cost product. To show how the dynamics of the two play out over time. *2) Accounting* Unit drivers flow into revenue, variable COGS, and variable SG&A. Then to EBITDA, EBIT, EBT, Net income & EPS. Simple cash flow statements & balance sheets reconcile D&A to inflation-adjusted replacement CapEx, debt levels, & GAAP PP&E. You have to be fluent in accounting to look at public companies. Not because accounting itself matters. But because accounting can obscure what matters. And your task it to translate GAAP into meaningful business logic. *3) Operating ratios* Unit drivers output financials, financials output overall business ratios. Revenue growth, EBITDA growth, EBITDA margins. Contribution margins (= change in profit over change in revenue). Net debt-to-EBITDA, net debt % of EV. *4) Valuation* You can drive valuation on multiples or a DCF. Which are equivalent: The discount rate minus the growth rate determines the 'terminal multiple.' Using a P/E instead of a DCF simply uses next year as the terminal value. This model drives value from the DCF, and maps that to the multiples to show how they connect. *5) Corporate finance & DCFs* DCF math attached using the CAPM. The summary is a beta from historical returns, add the cost of debt. To get the WACC - the theoretically correct discount rate. DCFs are extremely assumption laden - you can get out almost whatever you want. But realistically. Your banker (or analyst) will make the math work out to a 7-13% discount rate. Depending on the risks, industry, markets - and what they want to achieve. *6) Sensitivities & the hard part* The last section sensitizes the equity value and multiples to unit and price growth. Bringing unit drivers full circle to valuation outcomes. Ultimately, the hard part isn't the math. You have to be fluent in the math, its nuances and its limitations. If not, you will lose out to those who are. But once you are, you also have to shift focus. To the hard part. Which is always in filling in the numbers. If you're investing, that means thoughtful views on unit drivers; on how, when, and why they shift. And if you're building, it means making the numbers on the page happen. That's all for now. Like & comment if you want the excel.

@Adani_Elec_Mum Please tell me who can I contact and how can I support? I’ve already complied with everything you asked of me.

@alap Dear Alap, regret the inconvenience caused. We have escalated your issue to the team concerned. The same is being looked into for the earliest possible solution. Request your support in the interim. Thank you!

@Adani_Elec_Mum Complaint 1032892324 on 29 Jan 2023. Still awaiting resolution despite location visit, original paper verification & meter inspection. Now get an email saying location was closed while it was open. Why is this taking so long? When can I expect positive closure?

@miten The burden of keeping such a show alive would be on the broadcaster. Early on, it would attract a low viewership among affluent but opinionated viewers, so poor ad money vs airtime. Then there’s the risk of something indigestible being said & the show getting pulled off air. :(

why doesn't India have even one good nightly talk show that talks some sense & fun?

@shnoyanju @MarriottVacClub Ooof. There’s a lot of happy singles who would be glad to pay for this. Tsk Tsk.

I just got a call from @MarriottVacClub - an offer in Phuket and Singapore. Unsolicited mind you.But I’m not eligible because I’m not married. It’s for married couples only. Really Marriott? If this is true #regressive

Weekly Fin-Fun Newsletter #70 DayTrading Legend, Stock & Web Series of the Week, ICYMI ELSS Basket, TIA Ideas Summit, The new Gatekeepers + more bombaylives.substack.com/p/weekly-fin-f… #investing #trading #Mahashivratri #shivajijayanti

@mostafahsh @srkninci @elonmusk "May we think of freedom not as the right to do as we please, but as the opportunity to do what is right." -- Peter Marshall