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Varad

Varad

@varadprm

India เข้าร่วม Kasım 2020
322 กำลังติดตาม110 ผู้ติดตาม
Varad
Varad@varadprm·
@_zeroxinfinity_ @getoffmadickson Don't MF themselves pick stocks? So unless you have the ability to perform better than fund managers i think most people are better off with MFs and will outperform majority of discretionary investors who only keep track of single stocks rather than overall pf
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Varad
Varad@varadprm·
@AritraB42359914 @ActusDei Lol no one is even discussing this...problem is about claiming with certainty that impact cost woulbe 1% due to 2 factors over which he has no foresight
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Aritra
Aritra@AritraB42359914·
@ActusDei @varadprm Neil ,ppl are too shortsighted. it is a simple concept -out of the total equity portfolio .one needs to allocate a % to international .so LRS charges , etc etc are incidental.(one cant do away )
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Neil Borate
Neil Borate@ActusDei·
Lol. Many AIFs & PMSes charge 2% a YEAR. Not 2% one-time. Plus performance fees of 10-20%. Also if you're so bullish on India, you should close down your own company's GIFT city AIF. Please have a chat with its fund manager before posting on X.
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Varad
Varad@varadprm·
@ActusDei Who is saying against investing out of India though? Your comment was about impact cost being reduced with certainty. Don't mix 2 different things.
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Neil Borate
Neil Borate@ActusDei·
@varadprm Quiz question, what was USD INR at independence. What is it 10 yrs ago, 5 yrs ago, 1 year ago. Remittance cost is such a silly reason not to invest outside. One of the silliest.
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Varad
Varad@varadprm·
@Fallibilist Agreed but not defending IT cos management but thinking more from broader corporate capital allocation strategy level. For ex- HBL is a business that is structured or thought of atleast that way where they make LT investments in niche companies.
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∱@Fallibilist·
@varadprm Hence the "bad" in quotes, good Sir, but with their moves so far, I'm less inclined to make the case you make on their behalf. Also, wouldn't make that argument for ITC at all. Even after divs, they do pretty aggressive M&A/investments in FMCG. (And have nothing to do w/ AI, so)
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∱@Fallibilist·
Another "bad" way to look at IT cos giving massive dividends is promoter entities / family offices funding (private) cos doing new tech with that cash, listing them later as expensive high growth IPOs, instead of letting existing shareholders benefit by making direct investments
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Varad
Varad@varadprm·
@Fallibilist Again a very big capital allocation decision...not every cash generation company should be doing that...info edge is an exception to it as the outcome was favorable (until now). Plus this case could be made for every dividend paying company tbh right from ITC.
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∱@Fallibilist·
@varadprm Not related to competency. Like sure, the top mgmt isn't cut out but they could pump the capital directly into funds or have funds managed independently or mimic what Info Edge does, clearly they're choosing not to and building those structures privately instead.
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Varad
Varad@varadprm·
@Sudh_Luv4Equity Valuations should reflect the bad macros or Risks though...unlike 2013 most pockets worthwhile investing are fairly to highly priced today....though agree late March many cos came to very good levels
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Margin of safety is a lifesaver in Equity
Margin of safety is a lifesaver in Equity@Sudh_Luv4Equity·
Now you know why not many bought stocks in 2013. The macro was even worse and retail stayed away while big guys made heavy bets during those shaky periods. Golden years to accumulate are the bad years macro wise both inflation and geo risks. Hindsight is beautiful.
Margin of safety is a lifesaver in Equity@Sudh_Luv4Equity

Still believe 2013 was one of the golden year for stock picking. I have stayed out of market during that year. Big miss.

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Varad
Varad@varadprm·
@Fallibilist Prescription trends coming more from endocrinologist...which might prefer existing OADs over Sema oral and also lower widespread Tirze prescriptions as primary prescription is for diabetes...still early days
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∱@Fallibilist·
Weak show from generic semaglutide so far, but I kinda also assumed injectables weren't going to trend as hard relative to oral (Torrent was first, DRL launched only late May at Rs. 100-225 a pill, so still early tbf) Still, hasn't quite penetrated into the culture either, hmm...
∱ tweet media
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Varad
Varad@varadprm·
@Fallibilist Usual culprits...some culprits dont call the bottom now they have started peddling global multi baggers The smart thing is to accept we are the wrong end of a cycle after a stellar bull run and not call tops and bottoms every morning
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Varad
Varad@varadprm·
@simrat11exp Yeah things can improve but Test cricket will mostly be funded through CFs from T20 cricket...current day and age Tests to make self sustaining economic returns is very very tough
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Simrat
Simrat@simrat11exp·
@varadprm Yeah I meant it might be sub par roic thing but economics can improve if right atmosphere is created, conducive pitches and rivalry is there.
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Simrat
Simrat@simrat11exp·
Test cricket is such a lovely sight after boring and overloaded T20s. I wish some billionaire had been a test cricket fan to fund it for the majority of the year.
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Varad
Varad@varadprm·
@MrBsCoffee30 Disagree from what I have observed personally, from people around me. This cannot upgrade lifestyle without debt is a good excuse but whatever each to it's own career trajectory and personal aspirations and choices. No one's right or wrong in this till you can afford.
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Crooked cheekbones
Crooked cheekbones@MrBsCoffee30·
@varadprm Arey bhai u cannot upgrade lifestyle without debt. You can save to go to Europe great but time is gone in meantime or you can go to Europe and payback in future with interest. You can always pay the money, you cannot get back time
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Varad
Varad@varadprm·
@MrBsCoffee30 Difference between making money by utilising leverage and using debt to fund consumption lifestyle 2 complete different things. Not everyone derives pleasure in buying expensive things they can't afford.
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Crooked cheekbones
Crooked cheekbones@MrBsCoffee30·
@varadprm good you trade with time in that case. You can't have both. Anyways any ways to make money is to take debt
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darpan
darpan@darpunn·
Inside mota bhai’s empire rn with @manan_0308
GIF
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Varad
Varad@varadprm·
@Fallibilist "The level of intellectual honesty will only hit new lows on this app." Not just this app...even in the industry it's quite low!
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∱@Fallibilist·
Make a note of all the guys who posted about being right on IT sector yesterday but silent on the fall today. Downgrade them heavily in your mind or even unfollow them. Absolutely ngmi if you don't. The level of intellectual honesty will only hit new lows on this app.
∱@Fallibilist

Not a single guy who's bullish on IT sector rn explaining their case about why. Just some hand-wavey BS, and avoiding calling it "value trap" because it's 10% off lows now

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Varad
Varad@varadprm·
@darpunn No network is best thing ever...the best time for reading for me since aqua line opened is travel time in metro.
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darpan
darpan@darpunn·
Today while travelling via Aqua Line, I was like, this actually seems good I wanted to tweet about it but then I realised ki Aqua Line mein network hi nahi aata 😃🔫 God save Mumbai bros 🙏🏻
darpan@darpunn

Mumbai metro 😭🤣🔪😃🔫

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Vicharaanti
Vicharaanti@vicharaanti·
Corporate milestone ✌️ finally....
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@_zeroxinfinity_ @getoffmadickson @AritraB42359914 @ActusDei @SunilBSinghania @Fallibilist @Sudh_Luv4Equity @simrat11exp