Ankur Patel

Unfiltered random gyan
Capitalist,Liberal,Atheist ,Contrarian, Indian
| Finance | History | IITD | XLRI |

[Ankur Patel @ankurpatel2806]

@ActusDei Asset allocation/diversification is most fundamental principle of investing.
A resilient portfolio is built by combining asset classes that are not perfectly correlated with equity
While WM may earn fees across wide range of products, that alone doesnt imply misaligned intent.

[Ankur Patel @ankurpatel2806]

@rishabhm Mnrega is for rural area. City cost of living is significantly higher

[Ankur Patel @ankurpatel2806]

@narendramodi @LinkedIn Pls do something on municipality reform

[Ankur Patel @ankurpatel2806]

@StarHealthIns
I daily get 10 calls from your call centre to sell me a health policy which I chose to not renew. What kind of harassment is this

[Ankur Patel @ankurpatel2806]

@dmuthuk It was struggling even prior to that. It was just a death knell

[Ankur Patel @ankurpatel2806]

@VishalBhargava5 Govt is doing nothing for last 3-4 years except few tax cuts which need no effort

[Ankur Patel @ankurpatel2806]

@soicfinance Hardly any listed player in premium and luxury

[Ankur Patel @ankurpatel2806]

@VishalBhargava5 Did it solve, no na

[Ankur Patel @ankurpatel2806]

@VishalBhargava5 Agree , people in sales should not have this kind of attitude. But an auto rickshaw guy expecting his customer to talk in local language is equally wrong. People mix the 2 together.

[Ankur Patel @ankurpatel2806]

@frontierindica What they mean is it doesn't give the lifestyle which is attributed to a western middle class person. Suburban living needs to pick up in India to make things affordable

[Ankur Patel @ankurpatel2806]

Operation Sindoor takeaway for me-

Western powers are not to be trusted. Foreign media was highly biased. Only Israel is a natural ally due to common problem

Difficult to do much damage in modern wars. Cyber, economic and PR will be the warfronts.

Modi -Trump frndship is over

[Ankur Patel @ankurpatel2806]

@GabbbarSingh The original documentary is much better

[Ankur Patel @ankurpatel2806]

Vaibhav Suryavanshi epitomizes how the hungry middle class Indian is poised to take away Elite Indian jobs. The biggest strength of India is the meritocratic admission process of IIT/IIM/Civil service/ IPL etc

[Ankur Patel @ankurpatel2806]

@aviralbhat Salaries in Europe are less than half of US. Top tier talent from India unlikely to move to Europe

[Ankur Patel @ankurpatel2806]

@sumitkbehal Adjust for currency

[Ankur Patel @ankurpatel2806]

@ActusDei Marginal rate matters and not the effective rate. If you salary is 20 lakhs , the extra income from debt will be taxed at a higher rate

[Ankur Patel @ankurpatel2806]

Homeopathy might be the second biggest successful scam after religion

[Elon Musk @elonmusk]

Good point. Why is that?

[Ankur Patel @ankurpatel2806]

@aviralbhat See the thing is India's rich is as rich as global elites. Hence clubbing 50 lakh income earner with the ultra rich in india is also not right. Every budget govt says they are giving to middle class but the ones carrying this country - making 20 lakh+ don't get anything in return

[Ankur Patel @ankurpatel2806]

Had posted this 2 years back. Recent debate on Indian Americans proves the pushback against indian success

[Ankur Patel @ankurpatel2806]

Have rarely seen US media covering an indian event(adani) so extensively. I take it as a +ve sign indicating we are becoming important at world stage. Recently seeing many deals where small Indian cos are being bought by foreign companies as they want to enter Indian markets