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"Since we cannot change reality, let us change the eyes which see reality" - Nikos Kazantzakis. Stock comments are not recommendations

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Consumer-goods companies in India have long ago understood that the secret to selling more shampoo to the poor is to sell it in small, affordable packets.

High-frequency US traders took that idea and applied it to the world’s largest options market by volume #JaneStreetGroup

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@GabbbarSingh It’s audio-visual this time!

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Between 1913s to 2013, Waqf accumulated 18 lakh acres of land. After the bill was passed by UPA in 2013, Waqf board has added 21 lakh acres making their total holding at 39 lakhs acres - larger than several nations incl. Bahrain, Singapore, Monaco, Cyprus etc
#WaqfBillAmendment

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More Dream11 subscribers than demat accounts. Proof that we're all experts at predicting cricket, but not our financial futures. 🏏📈 #Dream11Team #indiastockmarket

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At current speed it will take 7 more days for ONE97 to reach 197

#PayTMCrisis #Paytm

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@dmuthuk Prior to Yogi - UP was a corrupt market and controlled by only one family (wave).

Yogi changed it and made the market more open and equitable to every participant.

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Kiyosaki published his first book, If You Want to Be Rich and Happy, Don't Go To School… rest is history and kind of irrelevant!

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Equity-type returns in bonds!

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Looking at occupancy - I think My childhood dream of Britannia khao World Cup jao will get fulfilled this time..

#CricketWorldCup #ENGvsNZ #britannia

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Not a big deal for Mumbaikars...

#lalbaughcharaja2023

[ANI @ANI]

#WATCH | A customer outside the Apple store at Mumbai's BKC says, "I have been here since 3 p.m. yesterday. I waited in the queue for 17 hours to get the first iPhone at India's first Apple store. I have come from Ahmedabad..."

Another customer, Vivek from Bengaluru says, "...I am happy I am getting my new iPhone 15 Pro. I am very excited..."

Aan from Ahmedabad says, "I flew in yesterday. I was here at the store at 5-6 o'clock...I was at the store opening a few months ago where I was fortunate enough to meet Tim Cook for the second time..."

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Three interesting news articles today

https://t.co/avVMuQzp1s now is the largest smartphone exporter from India overtaking Samsung

2.Chinese Television OEMs are sharply losing shares in India

3.Tesla submits proposal to set-up battery storage factory in India

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@sahil_vi Yippee! Is owned by ITC.. which 30% is owned by British American Tobacco (or BAT) .. oops .. Try Patanjali..

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@contrarianEPS SoftBank is also not touching what it touched in the past!

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@GabbbarSingh Indian families are happy to save and spend US$100k for kids marriage, but spending on primary education attitude is dismal. So many well-to-do families push their kids through irrelevant curriculum so that they remain "competitive" in the future.

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A very well-known banking superstar analyst has given the following risk to its Axis Bank "Neutral" recommendation:

Upside risk - better-than-expected margins and downside risk - higher-than-expected credit costs.

This much for a US$500k annual salary!

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A super power nation supremely values in citizens..

did you know US is releasing $6bn and five Iranian prisoners in exchange of five US citizens!

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@contrarianEPS Make in India iphones!

[Sanjeev Bikhchandani @sbikh]

Grades Matter

These two photographs are from the 1978-79 issue of my school magazine The Columban.

In that era grades were not private and they were published in our school magazine.

In 1978 around 200 students in my batch wrote the Class 10 Board exam.
The list in the picture shows the academic performance of the top seventy students.

The cohort is now averaging approximately sixty years of age. A good time to take stock of the career trajectories of people.

If I look at the top fifty students by academic standing and try and piece together their careers here is what I see.

Two have passed away and I have no news of another six.

Out of the remaining forty two eleven studied Economics at St. Stephens. Thirteen went to IIT. Seven went to IIM Ahmedabad. Another six went to other business schools including Harvard, Wharton, Kellogg and Carnegie Mellon. I see seven PhDs from the leading universities of the world (Berkeley, University of Michigan, Harvard, Stanford, Yale among them). I see a gold medallist and a distinguished alumnus from IIT Delhi. I see a Delhi University record holder in mathematics. I see that almost all the others went to other excellent colleges - SRCC, AIIMS, MAMC, BITS and others.

I see people working as professors at Princeton, University of Texas and Cornell. I see entrepreneurs and senior executives and bankers. I see a former President of SoftBank, a former India head of BCG, a former partner of McKinsey, a two term Lok Sabha MP and former Minister of State for Finance and a former Minister of State for Civil Aviation, a founder of Everstone Capital, a former India CEO of Coca Cola, three medical doctors, a photographer and a musician and a nationally ranked squash player.

Almost all of these fifty have had stellar careers in their chosen field and all of them got to where they did by dint of their effort and their academic accomplishments.

To the best of my knowledge none of them did drugs and nobody did politics and aandolans in college.

The point I am making is that good grades open doors. Unless you are from an already wealthy family and can look forward to an inheritance or if being financially successful is not one of your aims and you don’t really want to get into the next good institution of learning or get a job in a leading organisation you should be focusing on academics as your most important priority.

Good grades open doors. The effort you put in to achieve these grades adds intrinsic value to you. This is old fashioned advice but it is true.

However you will need to be patient and toil diligently and consistently for a longish period of time for the payoff’s to come. You will need to attend every class, read every reading, prepare for every exam and work hard on every assignment. You will need to focus and be committed.

Having said this I acknowledge that there are different yardsticks to measure success and the type that my class has demonstrated could be dismissed by some people as blinkered and so so middle class and conventional. @AshokaUniv

Your call

[Ravisutanjani @Ravisutanjani]

🚨 ATM Cash Withdrawal using UPI

Today I Made a Cash Withdrawal using UPI at Global FinTech Fest in Mumbai

What an Innovative Feature for Bharat

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The way match is going- I will need another dose of Gadar 2 movie to come back to my senses

#INDvsPAK