In 2004, Gulu Mirchandani (Founder of Onida Electronics) made a high conviction ₹2.75 crore investment into 4 year old Fractal Analytics.
The Mirchandani family is sitting on a ₹2,400+ crore position in Fractal Analytics 🤯
This is a 475x return over 22 years - an eye watering 35.2% XIRR - they are selling approx. ₹450 crore during the IPO
Gulu’s investment happened long before "data science" was a buzzword and “AI” became talk of the town.
Here’s the history of legendary investment ⤵️
People have been stuck at the Agra toll on the Yamuna Expressway for hours due to an accident a few kilometres ahead. Hundreds of vehicles are backed up with no official update so far.
@nitin_gadkari — request urgent intervention, please.
5 phases:
Phase 1
I’m wrong everyone’s right:
I can’t see the patterns.
Phase 2
I’m right everyone’s right:
I can see the patterns too!
Phase 3
I’m right they’re wrong:
Only I see some patterns that nobody else can.
Phase 4
I’m wrong and everyone’s wrong too.
All patterns are post facto. Nobody really knows anything beyond making wild guesses with a survivorship bias.
Phase 5: there are no absolute rights or wrongs. That’s the whole point. That was the lesson all along.
Truth has nothing to do with right or wrong. You seek truth as a function of morality.
But truth just is.
.@IndiGo6E charges Rs 199 as "convenience fee" when booking a ticket on their website.
What is the convenience being provided here? Booking over the internet?
As opposed to what? Standing in a line at the airport to buy the ticket?
This is 2025. If @IndiGo6E is considering people buying tickets over the internet as "convenience", they need to think again.
If the overall goal is to get more money from the customer, I'd rather they call it the "Because we can" fee.
Never trust ads without real reviews. Tried @Wellbi_in & @myfrido recently—shocked at how much they spend on hype instead of quality. Total letdown, not worth it.