Devina Mehra

Founder & CMD. First Global.Cutting edge PMS & Global funds/portfolios. Bestselling book:Money Myths and Mantras. Fortune Top 50 Most Powerful Women. Gold🥇IIMA

[Devina Mehra @devinamehra]

This is the current performance of our smallcase India - exactly 5 years since launch in October 2021 (the first First Global product for retail investors in Indian markets)

FG HUM* ⬆️ 66.5%
Equity multicap ⬆️ 39.8%

Click https://t.co/vVfpJsjDpN

X Handle @fghumsmallcase

Takes care of your entire India equity portfolio... All headaches and tensions off

No new broking account.
No new DP account.
Simple.
Hassle-free.

Execution with one click if you agree with the recommended smart basket

* HUM: Human plus Machine system. The capabilities of AI combined with human expertise built up over 33 years.

@smallcaseHQ

[Devina Mehra @devinamehra]

Yesterday's interview on @RepublicBiz

Covered a lot of ground mainly because I got the space and time to explain things clearly

https://t.co/pLlmE6tNbe

Including

- The likely direction of the Indian market

- What not to do?

- How to go about global investing?

What exactly to do? And what global investment products to avoid?
Do you need to go beyond the US?

- Is AI a transformational technology or a bubble... Or can it be both?

- What does all of it mean for the Indian market and the Indian IT sector?

And more
Worth a careful watch

Need guidance on Indian or global investing? Send a DM to @firstglobalsec

@fghumsmallcase

[Devina Mehra @devinamehra]

@SumeetChopra11 Hugh Grant cheated on Liz Hurley, who was the whole male population fantasy at the time, with a sex worker. These are pictures from the time.

[Devina Mehra @devinamehra]

Men have cheated on the most beautiful (and/or successful women in the world): Monica Bellucci, Liz Hurley, Shakira, Jennifer Aniston, Princess Diana, Halle Berry, Beyoncé etc etc

It is never about the wife's attractiveness. Always about the man's insecurity and lack of integrity.

And all the idiots sneering at Jensen's wife are the same ones who wonder why young women now don't want to get married or have children... And who try to scare them saying that they would grow old alone... yeah, right!

And those crying about his not having a pre nuptial agreement

How will he have a prenup?

He married her when he was a poor student waiting tables

She would have been the trophy wife for an impecunious Taiwanese 40 plus years ago when Taiwan was a manufacturer of cheap trinkets: A white American who was one of the three girls (among 250) studying engineering

She looked after the family finances while he was setting up Nvidia, even selling her jewellery to support him.

Remember almost every tech entrepreneur story in the US is remarkably similar: with either the parents providing the money and/or contacts (Bill Gates, Jeff bezos, Michael Dell Zuckerberg etc etc) or the spouse taking up the load when he is struggling.

And when the business is being set up the spouse is normally the administrator, HR, intermediary arranging Finance - all of it

From Bezos to Narayan Murthy it exactly is the same story

Easy to support an ungrateful wretch, isn't it?

[Devina Mehra @devinamehra]

Data free nonsense is easy, isn't it

Kuch bhi 🤦

And the man married her knowing how she looked presumably

Anecdotally, I can tell you the uglier the man and the better looking (or more accomplished) his wife, the more likely is he to cheat. It is a feeling of inferiority and insecurity that drives a lot of cheating.

[Devina Mehra @devinamehra]

@HSingh200084625 It is about data not emotions

Data is not just for investing

[Devina Mehra @devinamehra]

@bravobanerjee It comes from data

I always say that data orientation is not just for investing, it is a way of life

[Devina Mehra @devinamehra]

@DannyMontBlanc Please read what I have written before commenting

[Devina Mehra @devinamehra]

क्या बाज़ार से गलत समय पर निकलना आपकी सबसे बड़ी गलती हो सकती है?

संवत 2082 में Sensex और Nifty का प्रदर्शन पिछले 5 सालों में सबसे खराब रहा।

इसके बावजूद कि बाज़ार ने सिर्फ एक हफ्ते में करीब 8% की recovery की!

और यहीं एक अहम सवाल उठता है — बाज़ार को time करें या निवेशित रहें?

बाज़ार के कुछ बेहतरीन दिन चूकने से आपके return पर कितना असर पड़ सकता है?

जानिए इस video में।

निवेश और Asset Allocation से जुड़े फैसलों में मदद चाहिए?

DM करें @firstglobalec या [email protected] पर लिखें।

[Devina Mehra @devinamehra]

@ashualec Of course!

Never put up with disrespect.

Too many women do it

Throw him out and live your best life

[Devina Mehra @devinamehra]

@Dare2Dr @aksh_2018 *that

[Devina Mehra @devinamehra]

@Dare2Dr @aksh_2018 Sudha Murthy has written and spoken thought she was extremely upset about the decision and it took her years to get over it till she eventually reconciled

It is also there in the book written about their life

[Devina Mehra @devinamehra]

This morning's interview on @RepublicBiz

Covered a lot of ground mainly because I got the space and time to explain things clearly

https://t.co/0UWxDcbzz8

Including

- The likely direction of the Indian market

- What not to do?

- How to go about global investing?

What exactly to do? And what global investment products to avoid?
Do you need to go beyond the US?

- Is AI a transformational technology or a bubble... Or can it be both?

- What does all of it mean for the Indian market and the Indian IT sector?

And more
Worth a careful watch

Need guidance on Indian or global investing? Send a DM to @firstglobalsec

@fghumsmallcase

[Seher Bajaj 🕊️ @MsSeherBajaj]

@devinamehra Thanks for this video ! Very informative 😃

[Devina Mehra @devinamehra]

क्या बाज़ार से गलत समय पर निकलना आपकी सबसे बड़ी गलती हो सकती है?

संवत 2082 में Sensex और Nifty का प्रदर्शन पिछले 5 सालों में सबसे खराब रहा।

इसके बावजूद कि बाज़ार ने सिर्फ एक हफ्ते में करीब 8% की recovery की!

और यहीं एक अहम सवाल उठता है — बाज़ार को time करें या निवेशित रहें?

बाज़ार के कुछ बेहतरीन दिन चूकने से आपके return पर कितना असर पड़ सकता है?

जानिए इस video में।

निवेश और Asset Allocation से जुड़े फैसलों में मदद चाहिए?

DM करें @firstglobalec या [email protected] पर लिखें।

[Devina Mehra @devinamehra]

Because hard data shows that marriage brings down the level of health and happiness for a woman on the average

Increases it for men

Many women put up with bad marriages, and even abuse, for years before finally deciding to pull the plug - it is never an easy decision, more so in India

See it all around myself

[Devina Mehra @devinamehra]

@Deshpandey007 Yeah Indians are mostly loyal that is why it is acceptable to do or nudge-nudge wink-wink on 'Bangkok trips' among the 'boys'

Enough videos on how many middle aged Indian men are visible in the red light areas in Thailand

Very loyal indeed!

[Devina Mehra @devinamehra]

@ChelleDiVita 👌👌👌

There may be exceptions but mostly never

[Devina Mehra @devinamehra]

@Timmuh7 Sure. That is why the bulk of sex workers in the world are men!

🤦

[Devina Mehra @devinamehra]

Yeah. They sure like the idea. Because someone else is doing the physical and mental labour of not only looking after the kids but likely looking after the man himself.

All data shows that single women do better on everything from health to happiness - it is the reverse for men

Marriage as it stands today is inherently a patriarchal institution

[Devina Mehra @devinamehra]

And yet when girls and women say that I don't want to get married it is the same lot of men who kick and scream

All data shows that marriage is good for the husbands and not for the wives - single women score higher on everything from health to happiness; it is the reverse for men

[Devina Mehra @devinamehra]

@SaandJantaParty Have I ever given an index projection?

And I don't think you have ever watched what I say and how to manage your investments

Kuch bhi

[Devina Mehra @devinamehra]

In case you are you are taking down all Diwali picks to buy them for your portfolio, do yourself a favor and read this

PS: Also do yourself a favour and research what these so called experts had told you earlier

[Devina Mehra @devinamehra]

Why following the Diwali stock 'picks' may be injurious to your portfolio's health

Eagerly taking down every expert's Diwali picks and their Nifty projections for the coming Samvat? Planning to use those to guide your Investments?

The facts may startle you!

Here is the data by @livemint collected last year on what happened to the previous two years’ Diwali picks.

In both the years you would have been far better off picking stocks at RANDOM rather than going by the ‘expert’ picks!!

As for the index projections‌, go back to earlier years and see what each of the experts had predicted and what happened.

There are some interesting patterns that emerge. Let me give you a couple of examples.

One there are Permabulls who will give aggressive index projections every year - sometimes the VERY SAME projection for two or three years in a row without as much as a token apology that they have been consistently wrong. Of course they will be right SOME year or the other, at which time they can applaud themselves.

Another one that comes to mind is a loud-mouthed, self styled expert who is on record in an interview in July 2024 to the largest Business TV channel saying that India's Bull market was structural and not cyclical and there was absolutely no case to be made for a bear market ever in India. (The anchor has had the grace to admit publicly that he was wrong at the time to say that FIIs HAD to come to India). But this guy has permanent amnesia on what he said earlier.

So a year and a half later he was equally vocal (at far lower index levels) that India was a basket case and will never see a bull market, that Indians were idiots to keep investing in the market. Now he is again changing his tune.

That is the way it goes!

The truth? Projections of what the market will do in year or two is in a category called 'Objective Ignorance' in the book 'Noise', by Daniel Kahneman, Cass R. Sunstein, & Olivier Sibony

Index predictions are only one example of humans forecasting things which are not just not known, but cannot be known. Yet they are made with huge conviction & confidence, in January and Diwali time.

"We maintain unchastened willingness to make bold predictions about the future from little useful information", as Daniel Kahneman says.

I understood this phrase only in 2023, but I have never given index projections for the last three decades that I have been in the market because I intuitively understood that it was impossible for me to predict a one year market move.

A Bloomberg study found that the projections on the US market were equally completely off over very many decades. These were from venerable banks and Wall Street firms like Goldman Sachs, Bank of America/Merill Lynch, Citigroup, HSBC, Deutsche Bank etc, exactly the sort of organisations you listen to very carefully when they appear on your TV screen thinking they have great insights into the global markets.

Will Share the details of that study and the reasons WHY they are so ‘off’ another time.

Another interesting aspect of projections is that it is arguably easier to predict how the market would compound over a somewhat longer period of time, say 10 or 20 years than it is to predict how it would do over one year.

Have a great new Samvat 🎇🎇🪔🪔🪔

Use Diwali projections only for entertainment... better still use that time to hangout with family and friends

DM @firstglobalsec if you want to know what to do instead

@MayurBhalerao1