Deepak

[Sridhar Vembu @svembu]

When a few people have a lot of wealth and lots of people have nothing, these are the 5 choices societies make, and we see examples of these around the world:

1. The people with wealth create employment and develop skills in the broader population.

2. The people with wealth donate to causes that indirectly create employment.

3. Governments tax the wealthy and redistribute to the needy, with varying degrees of corruption or leakages along the way.

4. Extortion networks arise that extort from the wealthy and they find enough people willing to do this work and this begets 5 below.

5. The wealthy employ vast security forces to resist being extorted.

Dharma dictates 1 and 2, with 1 preferable to 2. This is also the Biblical injunction to teach a man how to fish.

Many western societies have picked 3 (tax and redistribute that over time leads to corruption). I suspect 3 leads to 4 and 5 over time, so 3 is an unstable equilibrium.

4 and 5 are the symptoms of social collapse and decay.

What financialism does is to separate wealth from employment, through various schemes of monetary alchemy. Our ancients understood this intuitively and that is why they disapproved of usury and other "making money on money" schemes.

The nature and character of wealth determine and in turn, are determined by the nature of society - yes, it is a self-reinforcing feedback loop.

[Save Invest Repeat 📈 @InvestRepeat]

Desperately need this in India 🇮🇳

For every 1 rule bureaucrats make, they must delete 10 existing rules. Shrinking government regulation is so important to save cost as well as increase innovation.

Deregulating sectors is massive for ease of doing business.

[Deepak @_debNair]

@Sudheep8531 Swsolar

[Sridhar Vembu @svembu]

"Health illiterate boomer uncle"

Stay away from arrogant doctors - that is the best health tip I can give anyone.

The best doctors I know are all uniformly humble because they know just how extremely complex the human body is and how much the body and mind are intertwined. They also know accepted medical wisdom keeps changing so they keep an open mind.

And great doctors don't do stupid name calling about people they don't know.

[Deepak @_debNair]

@RoshanStocks @rajuidesai Guru, the dispeller of darkness. These twitter handles are indeed dispellers of financial darkness for retail investors!

Also @RoshanStocks thank you soo much for creating ripple effects by introducing these handles to all your friends!

[Deepak @_debNair]

@microbetsindia @GunavanthVaid Soo true. Most of the times, Im confused at looking at a great stock but not knowing whether to buy it at the current valuation after missing a recent rally, only to see it becoming a multibagger after consistent fcf growth

[Deepak @_debNair]

@nishanth_who You are the source of money for endowment funds in the US😅😇

[Muthukrishnan Dhandapani @dmuthuk]

You are rare

It is common to have all kind of debts: mortgage, car loan, personal loan, credit card loan and consumer durables loan. Most part of the working life goes in servicing the loans. All the hard work goes towards making banks and their shareholders rich. Always keep slogging for money. Have no control over time.

It is rare to be debt free, financially independent, making money work for us and have time under our control.

It is common to be impulsive, impatient, think only short term, wanting instant gratification, panic during bear markets, chase fads in bull markets, keep swaying to headlines & nonstop noise from media and fail to build wealth.

It is rare to be patient, control fear and greed, have long term outlook, ignore short term bumps, ignore noisy media, stay the course and build sizeable wealth.

Always, 99% would be common and 1% would be rare.

Our clients belong to this rare category.

Our posts are read by tens of thousands of people. If our sharing helps them too, we would be extremely happy.

I know how difficult it is to control one’s behaviour. I’ve learnt this from my own experience and keep seeing how most of the investors fail on this front.

We are aware that only 1% can be in 1%.

We are ambitious to see if those of you who are in our circle of influence can belong to this tiny minority.

[Deepak @_debNair]

@ssandeep Onwards and upwards @ssandeep

[Deepak @_debNair]

@nishit130 You broke even!! Better than some of the stocks in my portfolio 😅

[Deepak @_debNair]

@nishit130 Awesome read, @nishit130! Looking forward for more

[Deepak @_debNair]

@Vatsal_Sanghvi You got to hurry, potter!

[Deepak @_debNair]

You need to build pedigree because the world is always focused on your “ex”

[Deepak @_debNair]

@_alexbrogan Thanks. I think 3Blue1Brown is a perfect candidate as well.

[Jeremy Singh @singhcredible]

The smartest scientist in the game:

Andrew Huberman.

I’ve listened to 100+ hours of his podcast and interviews.

Here are 10 lessons you can use to level up your life:

[TechRally @TheTechRally]

🫠🫠🫠 hire this man 😂🎶

[Deepak @_debNair]

@shriyakaranam But in a vacuum right😅

[Abhinav Raj @CoderAbhinav]

Hello Twitter Fam,

Need your urgent help! My cousin sister has been suffering from cancer since last 2 long and painful years. Recently, we found out that treatment is only possible in China, but the medical expenses are very high.

[Deepak @_debNair]

Told my grandparents, had they invested in index funds instead of real estate plots and farmlands, they would've had 10x more wealth.

They completely understood stocks and the math behind CAPM and EMH. Btw, I'm looking for a new place to stay in BLR😅

[memenetes @memenetes]

When you read the docs for Kubernetes and start clicking on links to understand how networking works