Most #Economists and #Fininfluencers are wrong about FII’s.
#FII’s are not leaving India because of taxation.
Smart money usually invests in future growth sectors.
For the last 2 years, they have been heavily investing in the AI theme.
You can get a rough idea from the performance of the #Taiwan and #SouthKorea indices, along with #US AI companies.
Unfortunately, India has nothing to do with AI.
#DARVAS🥸
Yesterday, a chemical company owner asked me:
“Do you know why companies have a dress code?”
I said: “To maintain discipline and uniformity.”
He smiled and said:
“No… it’s to remove the feeling that you are different from others.
It helps to create a sheep mindset.”
That hit differently.
#DARVAS🥸