If one goes by the 100% correlation between social media outrage and ppfas under performance bottoming out, this is the time for lumpsum allocation to ppfas flexicap
If social media as a group thinks PPFAS is wrong, they must be wrong. Who cares if the folks managing a lakh and a half crore have multi decade experience in markets and have seen various cycles. Momentum zindabad!
This is the pr version..
Insiders know the reality of the 2 billion loan. Who enabled it? What was the sudden urge to inc the stake? Was it facilitating exit under sons pressure?
Funny how narratives are woven..
Ritesh Agarwal took a $2 billion loan at 24.
SoftBank owned too much of OYO.
He wanted control back.
Borrowed against his own shares to buy them out.
Bankers thought he was insane.
"You're 24. This is $2 billion."
He signed anyway.
Then COVID hit 3 months later.
Every hotel in the world shut.
OYO's revenue dropped 60% overnight.
$2 billion debt. Zero revenue. Global pandemic.
Laid off 5000 people in one day.
Cried in the all hands meeting.
Didn't hide it.
Survived anyway.
Filed for IPO in 2023.
Still paying back the debt.
The 24 year old who borrowed $2 billion.
Then watched the entire world shut down 3 months later.
Still standing.
We used to be a country of...
SIMBAs - Single Income Multiple Bachchas
Affluent Urban India is largely tending to two groups now...
DINKs - Double Income No Kids
DISKs - Double Income Single Kid
This phenomenon is primarily because of rising 'quality of life' costs, which is creating a new cohort...
HENRYs - High Earners Not Rich Yet
As fertility rate falls below replacement rate (2.0), we need more of...
TITOs - Two Incomes Two Offsprings
Thanks for coming to my TED talk
I've gone through this ordeal just a day back. Travelling with a 6month and a 5year old.
I'll really be surprised if @DGCAIndia doesn't step in and shut this thing down. Whatta a total mess.
@flyspicejet We were scheduled to travel on SG683 from BOM to JAIPUR.
Original departure time:
10.55 am
Revised to 15.55 in the morning
Again revised to 17.40 right now.
@DGCAIndia - make them pay for all the loss of time and planned holiday.
DINK
SINK
One kid
Or
Double dhamaal like yours truly..
The choice is truly personal...
All I'll say, is I'm the luckiest to be blessed with 2 beautiful girls !
A silent pandemic is underway in Indian cities. Far too many couples are opting to not have kids at all. It is the wrong decision. Most will regret it.
@flyspicejet very convinenently changed the timing of SG883 from 10.55 to 15.55
A delay of 5 hours leading to loss time and money in planned itenary.
No one takes responsibility?
@DGCAIndia