Clarity, Conviction, Calmness - are a MUST in the wealth creation process. Equity is like a Roller coaster. If you are scared, CLOSE your eyes and pray, but don't jump out.
I really wish I could lock in some people like in a roller coaster ride.
Charlie Munger’s story on Crashing Plane.
“A plane was crash landing due to engine failure. The pilot announced - Those who can swim, go to the right wing, there’s an island two miles away.”
“Those who can’t swim, go to the left wing…and Thank you for flying Air Italia.”😂
@GodrejProp@VishalBhargava5 this standard template reply does not work, should i be raising these questions on Investor Company concall. From the beginning just being replied to in english with 0 intention is damn irritating. How many times to escalate?
We wish to take this opportunity to thank all our esteemed patrons & well wishers for your concern about Bookworm. The words of support and offers to help has been truly overwhelming for us and we are grateful for your continued support. We are working to bring the store back to normal but you can visit at any time for your book needs or kindly call and msg us on 9845076757. Once again, all of us at Bookworm Thanks You for your keeping us in your thoughts 🙏🏽
Seen a bunch of unnecessary fear mongering and engagement farming with "#India is the hottest place on Earth, record breaking heatwaves" etc etc.. by major handles
HERE'S THE TRUTH - #Facts
1) Maximums of 44-47°C across Vidarbha, Northern Indo Gangetic Plains, Central West India is NORMAL and happens every year in late April and May. Climatalogically this is the hottest part of Indian Summer!
Here are some age old Records proving it -
Akola 47° (Apr 2009), 47.8° (May 1947), 47.2°(Jun 1923)
Prayagraj 46.6° (Apr 1999), 48.4° (May 1994)
Banda 46.7° (Apr 1979), 48.6°(May 1994)
Delhi 45.6°(Apr 1941), 47.2°(May 1944)
Barmer 48.3° (Apr 1984), 49.9° (May 1995)
Nandurbar 45.6° (Apr 1958), 46° May 1960)
Nagpur 47.1 (Apr 2009), 47.7° (May 1954)
Ahmedabad 46.2° (Apr 1958), 48° (May 2016)
Surendranagar 45.1°(Apr 1958), 46.6°(May 1955)
Deesa 46.3° (Apr 1958), 49.4°(May 1932)
2) 6-10 Heatwave days during Apr-Jun are normal, with around 2-3 days every month on average.
3) Seasonal averages (Normal Summer Max) in this belt are 42-44°C.
A heatwave is Officially defined only when temperatures in these regions breach 45°C or the departure is more than 4.5°C above average.
4) TAKE HOME MESSAGES : Temperatures of 45 or higher have been seen since 100 years ago, not a new phenomenon.
Seasonal occurrence, Indian Subcontinent is the Hottest place on the planet every year between April and May and this Heat is essential to create the pressure gradient to pull the Summer Monsoon, while the rest of the world experiences the heat later in June and July!
Yes, the climate has warmed, but the impacts are more pronounced with warmer nights and increased humidity
Yes, new ATRs have been as recent as 2026, but old records still stand.
Since the recent market bottom on March 23rd, over the last 13 trading days, the Nifty Small 100 index has bounced by 14.5% from the bottom. Many other indices have shown similar moves.
As seen in the table below, such bounces are common once markets bottom. I am not sure if we have seen the bottom, but if we go by the analysis presented in my recent memo—that most bottoms have historically occurred in February/March—the probability is reasonably high.
Bounces from market bottoms generally climb walls of worry. They occur during periods when conditions on the ground are still difficult, but markets have already started pricing in the future.
Performance of Nifty small 100 index post bottom (in number of trading days)
What kind of Indians lower their knees and raise their posterior for Pakistan?
What did they lack as kids?
Who hurt their soul? What abhorrent addictions did they succumb to?
A confident society like India prioritises its own national interests and NOT Pakistan’s, unlike some of you who’d sell off the nation for peanuts as history would testify. Good you’re immune to criticism given the sheer dearth of intellectual and moral standards in your public discourse falls nothing short of abhorrence reeking of repugnance!
Median drawdown for FY26 by market cap bands:
Rs 100-1000 Cr: 47%
Rs 1000-Rs 10K Cr: 41%
Rs 10K-Rs 50K Cr: 29%
Rs 50K-Rs 200K Cr: 23%
Rs > 200K Cr: 21%
By count, 81% of companies are down by more than 40%
Such is the pain, nothing is spared
List is very long, this is for MCAP > 5000 Cr
Nifty Smallcap 250 stocks median drawdown from ATH is 44%
1 in 2 stocks down 52% from ATH (MCAP > 100 Cr)
Median drawdown in stocks with MarketCap below 3,000 Cr from their 2017-18 peaks had reached around ~65% pre covid
Currently, median drawdown is ~64.4%
Data is suggesting worst might be near, not a time to be bearish✅
You cannot enjoy the 40-50% up years without enduring the down phases. The CAGR we all chase - the 15-20% compounding over a decade - is a mathematical average of some great years, some terrible years, and some boring years. You have to be present for all of them
Awesome day at the Buddh International Circuit!
I never thought that I would get a chance to drive an F1 car in India again so a big thanks to @redbullindia for a very special day in Sebastian Vettel’s 2012 Indian GP - and Championship winning - RB8
🇮🇳🏁🏎️💪🏽🔥