Ratan Tata’s passing feels like a personal loss for every Indian heart. His kindness, integrity, and unwavering vision shaped the nation, and his legacy will live on in the soul of India. We mourn a true icon. #RIPRatanTata#NationInGrief
As a shareholder in Jio Fin, I am happy that the firm is entering Broking business.
I see folks making fun of Zerodha & Groww, that their days are numbered.
Most likely, yes.
But, here is what will happen next:-
[1] Jio Fin will rule the Broking space
[2] They will lower their commissions (kill the competition)
[3] They will scale really fast (they own all the backend)
[4] Exploring B2B is super easy for them
[5] They will make sure that people can easily switch their broking accounts
[6] This will accelerate B2C (get more retail)
[7] Lowest commissions continue (more customer migration to Jio Fin)
[8] Competition would be gasping for air. And, will slowly die.
[9] Jio Fin would own the majority market.
[10] The price gets jacked up to the same old levels (or maybe even more)
Call it capitalism or whatever you like it, going forward we won't have too choices as customers.
While, I could celebrate my stock rising. I would rather wish the best to Zerodha/Groww and other discount brokers.
I really hope they are able to fight this war. And, survive.
@codeWithDishant Hey, great job! Could you consider incorporating reminders into the list or specifying deadlines for tasks? It would be really great !
Just discovered that spending hours on Instagram is actually an advanced mindfulness practice. It's all about mindlessly swiping, comparing life choices, and questioning why I didn't become an influencer. Such personal growth!
Watching MS Dhoni hit a six is like experiencing a burst of positive energy - it's hard not to get swept up in the excitement! #Thala#WhistlePodu#MSDhoni𓃵
"Because there's nothing quite like the feeling of eating an entire pizza by yourself and then feeling like a bloated balloon for the rest of the day. #foodcoma#sarcasm"