Biswajeet J Pattnaik (Biswa)

Proud AIM Manila alumni, Consilient & Stoic investor practicing the teachings of my Dad, Errol Perez, Vineet Tandon & Sanjay Bakshi. Views are personal!

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@turiyatman Norway's work ethic is right with respect to Norway. While Indian work ethic is right in India. The working population size and economy makes all the difference.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@EmpireCinemasSA you should consider improving your customer service at Khobar. What's the point of ordering the beverages and snacks online, if we have wait in line, and reorder and then wait and also pay Booking fees. Atleast have the facility to deliver to the Screen seat.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@hpvanderwoude Dear Ambassador - Greetings! I apologise for using X to request NL Embassy for an expedited Schengen Visa issuance by Sep 27 (Orange Carpet Facility). I have a critical business meeting in NL (Sep 29-30). Appln Ref No: NLD/DMM/180925/0013/01 Sub Visa. Many thanks.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@NLinKSA I apologise for using this platform to request an expedited Schengen Visa issuance on/before Sep 27 by Orange Carpet Facility. I have a critical business meeting in NL (Sep 29-30). All docs are provided. Appln Ref No: NLD/DMM/180925/0013/01 Sub Visa. Will be grateful.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@puregymKSA why it is so difficult to cancel the membership? It takes multiple clicks, different platforms (from App to WhatsApp), back and forth chatting and still no progress.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@HMG - Your hospital has excellent service. However, could you please have the confirmation call for the appointment in Arabic followed by English, and may be Hindi / Urdu.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@michaelxpettis @FT Yanmei Xie @YanmeiXie is a female. FYI

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@JKynge @YanmeiXie Fantastic writing.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@AdityaD_Shah What's the return in last 5 years and last 10 years?

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@ravihanda So what? Inconsistent comparison. Depends on the marginal value (financial, social, emotional) u derive for the marginal expense. He may think value derived from Jaguar is way more than driving a Honda. I have an iPhone (comp. paid) & Huawei Mate 20X. Find no value from Iphone.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@Parody_acounts Likewise - my best investment was my MBA at AIM Manila. Extracted the value to the fullest.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@eyishazyer But it shows only paid versions

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

The other thing he taught me is earnings don’t move the overall market; it’s the Federal Reserve Board. It’s liquidity that moves markets.
https://t.co/VS3htvfGzI

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

However, for life changing decisions, as per the study by Uni of Chicago economist Steven Levitt, "Good rule of thumb in decision-making is, whenever you cannot decide what you should do, choose the action that represents a change, rather than continuing the status quo."

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

How to solve the Buridan's donkey paradox?
A man (or a donkey) who sees two options as truly equally compelling cannot be expected to be fully rational. Sometimes the best solution to a problem is to turn to chance rather than trying to fully reason out an answer.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@virajmehta16 The older I get the more I believe the presence (importance) of luck and power of preparation.

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@SwitchCost Many thanks

[Biswajeet J Pattnaik (Biswa) @Beastwaa]

@NeilBahal In one of his books - Breakout Nations, Ruchir Sharma says "The old rule of forecasting was to make as many forecasts as possible and publicise the ones you got right. The new rule is to forecast so far in the future, no one will know you got it wrong".

[Ian Cassel @iancassel]

Stock picking is personal. It takes time to develop your temperament (views on risk, time horizon, volatility) and principles (the attributes of business/people you find attractive). You go from being a sponge to a filter. The ability to disregard 99% of the investing universe.