Being early can be horribly wrong.
kozmo.com was trying to run a one hour delivery service in late 1990s in US and failed by 2001.

And now this is a new idea, once again.

In India we have 'we will hold stocks for ever investors' born every minute. In the meantime, Warren Buffett has average holding period of 4 yrs 3 months and has completely exited 63 pisitions since 2010 while his two designated heirs have average holding period of 2 yrs 10…

If you do not change direction, you may end up where you are heading.
Lao Tzu

Early morning hard labour on Labour Day.

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Just to clarify since some are thinking I am bearish and therefore painting a negative scenario.

I don't believe this will/can/should happen so I continue with my bullishness. I was only reacting to the original tweet that if taxes are increased, the reaction can be negative to…

The market will fall so much that you may forget 2008.
Foreign investors don't pay any capital gains tax in any country.
Indian market has generally been an outperformer but not post taxes if there are 39 pct taxes there and zero everywhere else.
Why will non US investors invest…

More I think of it more I am convinced that diamonds have been totally disrupted.
If lab made diamonds cost 5 pct of real diamonds and u cannot distinguish between them- even in a lab itself they say- why will someone buy the natural diamonds.
And even if you still do, how do u…

It will be so counter productive if taxes on equities- capital gains etc.- are increased in the upcoming budget. Strong sentiment of markets that can lead to big FII flows, healthy divestments in PSUs etc will be neutralized if taxes are increased.

When GOI increased the…

There is continuous discussion on how tax on Debt and equity can be so different. Reality is as follows:

When you receive interest income you are taxed because the other side claims the same interest payment to you as its deduction. So you pay taxes on the interest received and…

No comment needed but this is obviously a serious issue for overall employment and this is Yr 1 or 2 of AI.

Tell name of even one billionaire who died and his estate paid 55% to the government.
When Charlie Munger died recently, did 55% (or whatever is the right number) of his wealth go the state.

I don't think so.

Investor: What mutual fund is good for me.
Advisor: This is a good question so let me answer properly.
On your keyboard
First look between G & J
then between W & R
Follow up with looking after K
then Focus between U & O
next look between I & P
and end with looking between A & D.

I realized today that Helios has always been driven by AI

Arora and Irani

He has a lot of unlisted stocks too, this seems to be counting only the listed portfolio. Plus this concentration has developed as the Apple stock has done well- not because he started with such a concentrated portfolio.

A novel and a spiritual way of celebrating a birthday. I don’t know where this is in Karnataka. It looks like Bengaluru. Be that as it may. This father/son duo deserves our respect and blessings. Repost this as much as possible. 🙏🙏🙏

Thank you Gurjot.

Very interesting.
Some states in USA also had rules on IPO pricing similar to those by Indian 'controller of capital issues'.