Varun Choudhary

Travel, Books, Commom sense Investing, Generally Curious, Asset Allocation, Banker, Baked from Experiences

[JIX5A @JIX5A]

It's up to me if I want to give food or money. There are thousands of people living on the streets. I can choose who I give food to. I’m certainly not giving it to a Pakistani! I’m not feeding the snake that kills Hindus! Let’s not mention all the grooming gangs as another reason. My money, my choice is not a crime

[Manisha Chaudhary @ManiYogini]

चंदे का हिसाब मांगने वाले चमचों को याद दिला दो बस...

[Renuka Jain @RenukaJain6]

Last weekend we went to Kasauli for a short trip.We got petrol filled just before Chandigarh. Our Defender was sailing smooth. But suddenly after we got petrol filled, the SUV started stopping very few metres. We literally managed to reach Kasauli in 10 hours as there was no mechanic who know about the car

When we returned we were told by car dealer that fuel tank got affected by the petrol. Luckily we had extended warranty. But now wonder what do iI do with Defender, which I bought for 1.3 crores.

Some one's son is making money at the cost of lacs of Indians. This mixing of ethanol is completely unlawful. Wonder why opposition is not raising the issue

[Varun Choudhary @VarunChou]

@sab_maya_hai__ bina naukri ka cash flow...equity will gv upside only when there is a cash flow supporting the current lifestyle

[Sab Maya Hai @sab_maya_hai__]

Almost all rich people I know own many properties and get huge rent every month.

They lease to banks, reputed corporates etc for long duration.

No tension money.

[Varun Choudhary @VarunChou]

@deepakshenoy Just hope that RBI doesn't spoil the party again!

[Madanlal Dahariya @MDahariya]

Breaking : Payment of 45 crores made by @HDFC_Bank to MSRDC through their marketing vendors in 2022-25 was not the first and only instance.

The arrangement started in 2017-18 when Mr Aditya Puri was the MD-CEO

In 2018, HDFC Bank paid a commission of 1.50 crores to MSRDC for receiving deposits in their savings account. This payment of 1.50 crores to MSRDC was approved by the then CFO Mr Sashi Jagdishan in June 2017.

This 1.50 crores payout was not paid directly by HDFC Bank but routed through a vendor in September 2018 on the instructions of group company HDFC Ergo for whom this vendor is working as payment facilitator.

Bank commits to customer, Bank CFO approves, but Group Company pays through their vendor !! Interesting !!

It seems that Indian Express is doing a detailed follow-up story to their first one on this issue.

My sources confirm that IE reporter already sent a series of questions to HDFC Bank senior Managment and Corporate Communication Department.

This has awaken entire HDFC Bank machinery in trying to stop this story from coming out. Madhu Chibber and PR firms have been given free hand and resource to handle this.

Apparently, MD Mr Sashi Jagdishan had also rushed to Delhi and personally using his resources and contacts and putting pressure on Indian Express management to stop publication of this story.

Will @IndianExpress succumb?

I doubt. But let’s see, who wins “Corporate Money Power” or “Journalism of Courage”.

cc @RBIsays @RBI @DFS_India @anantgoenka @rajkamaljha @IiASAdvisory @SES_Governance @InGovern @reachShriram @AmitTandon_in @SandeepParekh @PMOIndia @SmalhotraRBI @sheela2010

[Manu Rishi Guptha @manurishiguptha]

"The hottest places in hell are reserved for those who, in times of moral
crisis, maintain their neutrality."
— Dante Alighieri

Leave all that you are doing and watch this beautiful rendition about the present state of society.......

[Varun Choudhary @VarunChou]

@ActusDei ...agree. however it will be a good study to do as to wealth levels that India as a county has..may be it might surprise on the upside case in point.. property monetization in cities like delhi...this is potential to create lacs of families with 2cr+ surplus

[Neil Borate @ActusDei]

How many Indians have investible surplus over 2 crore?

[Varun Choudhary @VarunChou]

Was expecting ur revert @ArvindKejriwal ji...does wisdom rank higher than education? Or is wisdom a slave to education?

[Varun Choudhary @VarunChou]

We need a wise PM...education does not necessarily mean wisdom. And wisdom is not a slave to education @ArvindKejriwal ...have a debate with me some day.

[Megh Updates 🚨™ @MeghUpdates]

Ramachandra Guha: “I dislike Modi & BJP more than anyone, but Rahul Gandhi can’t handle an energy crisis or a war like Modi can.”

“He has NO qualification to be PM except that his father, grandmother & great-grandfather were PMs.”

— Even Modi's critics don't see a PM in Rahul.

[Varun Choudhary @VarunChou]

We need a wise PM...education does not necessarily mean wisdom. And wisdom is not a slave to education @ArvindKejriwal ...have a debate with me some day.

[Arvind Kejriwal @ArvindKejriwal]

Do you also feel that India desperately needs an educated Prime Minister?

[Varun Choudhary @VarunChou]

Maybe next time...but really enjoyed ur batting yesterday...mesmerising, awestruck..running out of adjectives @VaibhavSV12

[Varun Choudhary @VarunChou]

@stockifiabhijit This is another words is freedom that is so elusive. One should aim for freedom to live life on ones own terms...money helps u get there.

[Varun Choudhary @VarunChou]

@VishalBhargava5 ...its true all of them have a vision to become a leader..

[Vishal Bhargava @VishalBhargava5]

How is every 4th person on LinkedIn a "visionary leader?"

[Erik Solheim @ErikSolheim]

In defense of Indian 🇮🇳 democracy!

During Prime Minister Narendra Modi most successful visit to Norway a minor incident happened. A Norwegian journalist demanded that the prime minister starts holding press conferences. She claimed that Indian democracy is in bad shape.

May be its time to pause? May be its time to be a bit curious to the world’s largest democracy?

Two weeks ago five Indian states and territories held elections. The turn out in the battlefield state of West Bengal was 94%. In the last local election in Norway it was 62%, in many European local elections turn out is below 50%. Can voting in massive numbers be a signal Indians trust their democratic process?

In the same election BJP won big in Assam and West Bengal. It lost even bigger in Kerala and Tamil Nadu. Can this diversity be a signal that Indian democracy is reflecting the will of the people?

The journalist referred to a democracy ranking putting India at 157 in the world, behind many dictatorships and deeply troubled states. When a ranking is so obviously contrary to common sense, why not ask critical questions to those making the ranking rather than demand that leaders shall comment on nonsense? I recommend Salvatore Babones book “Dharma democracy”. The book debunks convincingly the flawed methodology of these rankings.

It was referred to a ranking claiming it’s very dangerous to be a journalist in India. Reality is that it is more dangerous to be journalist in the US and far more dangerous in the vast majority of other nations in the world.

Let’s be real. India is not perfect. Of course there are incidents. India has a population the size of North America, South America and Europe combined. But India is much more peaceful than Europe or the Americas. That’s remarkable - given the ethnic, language and religious diversity of India and the many development challenges.

Unless we consider democracy a form of government only suited for some very small, peaceful and homogeneous Western European nations, may be we should commend Indian democracy?

India is the only major former UK colony which became and has remained a democracy. Its sometimes claimed that the Brits taught India democracy. If that was the case why isn’t Myanmar or Pakistan or the Gulf kingdoms democracies??? Reality is that Indian democracy is both homegrown and extraordinary successful.

[Varun Choudhary @VarunChou]

It also means that election as a trigger is not strong enough as the govt was doing all that, in terms of passing laws and bills irrespective of this win. It also means that Oil and war as a trigger is bigger as of now. Don't just jump to conclusions...it is not a binary ans.

[Think4Tomorrow ®️ @PulkitA30298377]

If the market doesn't show intent to go up even after the BJP's victory today, then assume the market no longer wants a BJP government.

And the Indian market will not perform until 2029.

[Varun Choudhary @VarunChou]

Noone knows the future...

[Krishna Kanhaiya @kris_kan]

One newspaper, two news - can anyone help me decode this??

[Vishal Khandelwal @safalniveshak]

Thanks for sharing, Shubhanshu!

[Varun Choudhary @VarunChou]

@niraj_shah @Iamsamirarora ...i agree reading between the lines is an art that some of the gifted trollers need to inculcate...I agree with Ridham...it is not knowledge ( from books) that u gain wisdom, u gain it by when ur knowledge meets exposure and experience.

[Niraj Shah @niraj_shah]

Since a guest has been unnecessarily trolled on my show, I am posting this

Ridham loves books, loves reading and reads like a beast. And recommends some insanely good books.

The point that he was trying to make on my show (sadly not successfully this time, and maybe I should have prodded him for explaining it) was that reading books alone wont make one a great investor, but actual experiences will. However - reading may help at some critical points of time. And then he illustrated how one point helped him in 2020. In the SAME ANSWER!

Near verbatim -
“Reading stuff doesnt change your life, experience does…. …. … Imagine - all that we know about investing is contained in books. And yet we struggle to be good investors. So if books were working, everyone should be a good investor. However, there are some things that come out of books which stick in your head and help you when you need them the most… … ….”

Wish people who have all the time in the world to troll someone would listen to the whole thing and try and contextualise what a really good expert says.

[Varun Choudhary @VarunChou]

So from a level Rs 4 in 1998-9 it is now close to Rs 1350 in 28years at 23% cagr...read this again.

[Aditya Kondawar @aditya_kondawar]

It's 1998, and while most Indian banks are still processing loan applications with carbon paper and ledgers, a young bank in Vadodara launches something radical—internet banking

Not in New York or London, but in India, where less than 0.4% of the population even has internet access. That bank was ICICI, and this audacious move would set the template for everything that followed

Src – Empor top , no reco