Suraj Thakkar

IIM Kashipur |
Food Technologist |
Food and Agri Business |
Following FMCG Businesses and Startups

[Suraj Thakkar @Suraj_7103]

@samisosa1234 People so easy to influence.

[Suraj Thakkar @Suraj_7103]

@vinodchendhil Loved your millet noodles. Will order a good quantity for all my college friends soon!

[Suraj Thakkar @Suraj_7103]

@_zeroxinfinity_ Samjha nhi

[Suraj Thakkar @Suraj_7103]

@pritishposwal Yes.

I believe you would be better off using XIRR if

1. Your last Investment was less than 5% of your total PF
OR
2. Your last Investment was more than a year ago.
3. Your investments don't have a huge range, e.g. 10k in Jan, 2L in Feb

Otherwise absolute returns are better.

[Suraj Thakkar @Suraj_7103]

@pritishposwal Groww's XIRR is only helpful if your investing horizon has been more than 3 years, with largely similar amount of cashflows.

It annualizes all of your investment. So it's better to use absolute return for shorter periods, especially if you have made a recent investment.

[Suraj Thakkar @Suraj_7103]

@contrarianEPS So true.

[Suraj Thakkar @Suraj_7103]

@Messi_hater10 @_zeroxinfinity_ Sure.

Blame all of it on the West.

Do Indian Adults have no decision making capabilities and values of their own?

[Suraj Thakkar @Suraj_7103]

@thefaadguy ???

[Suraj Thakkar @Suraj_7103]

@samisosa1234 U.S. is indeed correct.

[Suraj Thakkar @Suraj_7103]

@bmondal1308 CAGR should not be used for less than one year horizon.

Use absolute instead.

[Suraj Thakkar @Suraj_7103]

@_zeroxinfinity_ Tab tak toh takla ho jaunga.

[Suraj Thakkar @Suraj_7103]

@_zeroxinfinity_ Hopium and over Optimistic targets.

Starbucks has already missed their last target and revised it downwards.

They will do the same again!

[Suraj Thakkar @Suraj_7103]

@sandipsabharwal No.

It is also poor consumer balance sheet with record high debt, poor savings rate.

Monsoon uncertainty affecting rural demand.

US Tariffs and Trade deal still pending.

Fertility rates slowing down.

Massive corruption and poor policy-making.

AI job loss fears.

[Suraj Thakkar @Suraj_7103]

@sandipsabharwal Both the indices are still negative YTD.

[Suraj Thakkar @Suraj_7103]

@flexifinHQ For restaurants i can say that these have been red ocean markets for a long time.

Telecom only two companies have been able to make some money after 20 years of poor performance.

All these factors are found in other sectors yes, but all of them together are quite rare.

[Suraj Thakkar @Suraj_7103]

@Arghyadip99 Dodla Dairy
EID Parry
Kings Infra

[Suraj Thakkar @Suraj_7103]

@shiladitya4u Wealth Management is a sticky business with recurring revenue.

They have a solid client base. Maybe that's why.

Although valuation is still too high in my opinion.

[Suraj Thakkar @Suraj_7103]

@billiwaligf Hmm. Makes sense.

I've heard that Social offers something similar.

Pay some 6-8k fix per month and they reserve a table for you.

You can reedem the paid amount against your bills.