AdamSmith

Three great forces rule the world : "Stupidity , Fear and Greed" — Allbert Einstien

[AdamSmith @AdamSmith0104]

@Jainbalwant 🙏

[AdamSmith @AdamSmith0104]

@Jainbalwant Could you plese help ?

Can I adjust short term capital losses from stocks against longterm capital gains from stocks in India ?

I have only dividend and capital gains income in India , no other income

[AdamSmith @AdamSmith0104]

@efile_tax Could you plese help ?

Can I adjust short term capital losses from stocks against longterm capital gains in India ?

I have only dividend and capital gains income in India , no other income

[AdamSmith @AdamSmith0104]

My understanding about investing in mutual funds

https://t.co/jdIqRvUIp2

[MoneyTalkWithL @LarissaFernand]

I’m seeing a LOT of angst on Twitter against mutual funds that invested in Mama Earth IPO.

[AdamSmith @AdamSmith0104]

@T_Investor_ @rishibagree 🤣

[AdamSmith @AdamSmith0104]

@datta_arvind No one forced us to buy anything , it is our choice

If I am not affordable to have tea in Airport, I will have it Rs 25 before entering into an airport

If I am not affordable to buy a Business class ticket , I will travel in Economy , no complaint about BC prices

[AdamSmith @AdamSmith0104]

@T_Investor_ Perfect

[AdamSmith @AdamSmith0104]

Remove the glitch " SEBI Registration"

Then we have more number of advisors and analysts than investors

🤣

[Tar ⚡ @itsTarH]

Demat Accounts in India: ~12.7cr

SEBI Reg Investment Advisors: 1307
SEBI Reg Research Analysts: 1029

Ratio
1 Investment Advisor per 97,000 investors
1 Research Analyst per ~1.23 lakh investors

How do we fix this?

[AdamSmith @AdamSmith0104]

1. Very nice picture & a crazy astrology , no one knows what is going to happen tomoorow , predicting 24 years outcome, it is possible only in Excel sheets

2. 2024 to 2030 ( 4 to 8) 12% CAGR

2. 15 to 20 T , 33% variation 🤔

[MoneyTalkWithL @LarissaFernand]

Jayant Sinha on wealth creation in equities #MICIN

[AdamSmith @AdamSmith0104]

@T_Investor_ Others may think I am a very smart person by looking at my journey, but I know how much dumb/lucky I am

[AdamSmith @AdamSmith0104]

# Howard Marks

[Neetu Khandelwal @T_Investor_]

If only hard work could make everyone rich, then every other person would be a millionaire.

Work hard, but it's equally important to work smart.

Combine smart work with hard work- that's the secret recipe.

[AdamSmith @AdamSmith0104]

@PRATIKBULANI555 My honest concern, why we should care about others portfolio ?

I will never become wise by challenging your wisdom

[AdamSmith @AdamSmith0104]

@T_Investor_ I would like to hangout with Elon Musk , but he is very busy with other billionaires, finally I ended up his X

[AdamSmith @AdamSmith0104]

@MeetshahV This is a Global Pandemic not specific to India

[AdamSmith @AdamSmith0104]

Not easy to understand and adhere to underlying stratagy which cretes a great MOS and mitigates risk

If investor strategy built with high expectations of return, then high probability of investing in hot momentum stocks which deteriorates MOS and long term returns

[Buggy Human @SridharanAnand]

@abhishec_s Folks who approach equities expecting 8-10% might earn 10-12%.

Folks who approach equities expecting 15% will earn 6%.

[AdamSmith @AdamSmith0104]

@ChanderBhatia01 @DivaJain2 Cost of labor depends on , cost of living & nations per capita income , not on number of working hours or IQ

India PCI - $2,380 - salary - $3,996

USA PCI - $40,000 - Salary $ 48,000

In a low per capita income poor nation , labor value also low

#Migratation

[AdamSmith @AdamSmith0104]

@investing_t20 It is same level of tough to select a fund also

[AdamSmith @AdamSmith0104]

@WeekendInvestng Cost of labor depends on , cost of living and nations per capita income , not on number of working hours
India Per caita Income - $2,380 - Yearly salary - $3,996 USA Per Caita Income - $40,000 - Yearly Salary $ 48,000

[AdamSmith @AdamSmith0104]

Cost of labor depends on , cost of living and nations per capita income , not on number of working hours

India Per caita Income - $2,380 - Yearly salary - $3,996
USA Per Caita Income - $40,000 - Yearly Salary $ 48,000

[Saketh R @saketh1998]

Based on the recent statement by Narayan Murthy, I was curious to compare the work duration and IT freshers pay across the countries.

I used Chat GPT to get the data and the results were shocking. Indian IT freshers are the most over worked and the least paid compared to any other major economy in the world.

and that's a sad state to be honest.