Debashis Basu

PMS: Research: Books: Media:

[Debashis Basu @Moneylifers]

@rohit_ah No, it was by me. I have reposted. Quote tweeting a better post

[Debashis Basu @Moneylifers]

People love labels and false ones can stick. Even forever, even in a business of measurable results.

[Gordon Johnson @GordonJohnson19]

Every market has a fellow who is certain the prices are wrong and that he alone knows the right ones. Usually the market charges him tuition for this belief. Occasionally, it hands him the Treasury.

Consider the record. In 2000, Scott Bessent left Soros to run $1 billion of his own. Five years later, the fund no longer existed. In 2015 he tried again with Key Square, co-founded with Soros alum Michael Germino and seeded with $2 billion of Soros money — which is a bit like failing your driving test and being handed a Ferrari. Assets peaked at $5.1 billion in 2017 and finished 2023 at $577 million. Institutional investors reportedly went from 180 to 20, a retention rate that would embarrass a gym in February. And in 2018, Soros — the man who staked him — took his chips off the table. When your own anchor investor would rather not watch, that is not typically a buy signal.

Which brings us to the question: is the man now confidently dictating where oil, the dollar, Treasury yields, and stocks ought to trade a macro mastermind the market tragically failed to appreciate? Or did the market spend two decades doing its due diligence on him — and sell? He believes he’s smarter than the market. The market already graded that exam. Twice.

[Debashis Basu @Moneylifers]

@d_s_thakur 🤣

[Debashis Basu @Moneylifers]

He will take tanks and missiles to Wall Street 😁

[Acyn @Acyn]

Reporter on Bond Market: The yields have come back up since then. Have you talked to Bessent about another type of intervention.?

Trump: The ultimate intervention is our military. And if we have to use that, we will.

[Debashis Basu @Moneylifers]

@d_s_thakur I won't work though

[Debashis Basu @Moneylifers]

@Brad_Setser @YashengHuang It never is about the US. It is always China this and China that.

[Mohammed Zubair @zoo_bear]

Amid CJP ‘inspections’, Rajasthan government admits 611 schools have no buildings. Of the 64,484 government schools in the state with their own buildings, as many as 2,047 lack toilet facilities while 1,049 don't have drinking water facilities. https://t.co/jZFXJa1sKR

[Li Zexin 李泽欣 @XH_Lee23]

The gas car era is fading fast. In Shenzhen, BYD supercharging stations are way bigger than gas stations, charge almost as quickly as pumping fuel, and they're open to Tesla too.

[Sucheta Dalal @suchetadalal]

Again... @INCIndia, your govt.? How are you different?? @Pawankhera @SupriyaShrinate

[thehillnews.in @thehill_news]

पढ़ने की लगन हो तो क्या बारिश, क्या धूप, क्या बर्फबारी।

#Uttarakhand

[Desi Lord @DesiLord_]

💔

[Debashis Basu @Moneylifers]

@Molson_Hart Transshipment

[Moneylife @MoneylifeIndia]

Business This Week
https://t.co/FsrjKfBht7

via Moneylife App. Download Now : https://t.co/oCY4nDLtoz @suchetadalal @Moneylifers @yogtoday

[Moneylife @MoneylifeIndia]

Market This Week
https://t.co/MsPQJiUXSG

via Moneylife App. Download Now : https://t.co/oCY4nDLtoz @suchetadalal @Moneylifers @yogtoday

[molson 🧠⚙️ @Molson_Hart]

Mark my words.

In 10 years, you will all know the names SF Express and its billionaire founder Dick Wang.

UPS and FedEx are screwed.

[DK @DK557454903481]

@MoneylifeIndia @suchetadalal @Moneylifers @yogtoday Now IT cell will come here in droves to educate how write off is not waive off.

[Manoj Arora @manoj_216]

PSU banks can write off 35,000 Crores.
Now, don't start the write off vs waive off argument.
I say that because you don't even have the right to know who were the defaulters.
You are there just to pay taxes so that these write offs and waive offs can be compensated.
Just do you national duty.
Go to work tomorrow and earn for them.

[Moneylife @MoneylifeIndia]

Bank of Baroda Writes Off ₹35,715 Crore of Loans above ₹100 Crore, Refuses To Disclose Big Defaulters’ Names under RTI
https://t.co/VyHUIy6JXZ

via Moneylife App. Download Now : https://t.co/DQlsYvFzUv @suchetadalal @Moneylifers @yogtoday

[Debashis Basu @Moneylifers]

@LAURENTMICHEL0N Disgusting @TheEconomist