Naresh mamnani

Grateful to: God + Parents + Mentor.
On sabbatical from here to relearn.

[Koushik Sekhar @koushiks1]

Intelligence is more abundant than patience.

[Naresh mamnani @ca_mamnani]

@deevmint @koushiks1 recycled rubber companies

[Koushik Sekhar @koushiks1]

If public sector banks can't be scammed anymore does it mean huge event risks for many private sector companies... Moat is gone ?☺

[Akshat Jain, CFA @akshat96jain]

@ICICIPruMF Limitations of theory - this is why it doesn't work in the short run

[Ian Cassel @iancassel]

Made me chuckle
HT @robvinall

[Nassim Nicholas Taleb @nntaleb]

Calligolino Trump's trade: Gold, the new reserve currency, a flight away from US assets, up 35% ag. the dollar.
I don't think anyone ever managed to destroy a country as switfly as Trump is doing it.

PS- I am very very long gold/silver.

[Naresh mamnani @ca_mamnani]

role of sentiments in assets prices is something is need to accept. Asset prices need not always to be linked to cash flows. This is particularly true in current time. Needs a different psychology to enter and profits out of different assets. Rigidity is hurting.

[Naresh mamnani @ca_mamnani]

पैसे पेड़ पर नहीं,

पैसे FED (फेड) पर उगते हैं।

[Naresh mamnani @ca_mamnani]

We are massively underreporting inflation data.
Sugar, rice, wheat, fruits, vegetables everything is considerably up in the last 6 months.
Sugar, for example, has gone from 45/kg to 62/kg in wholesale.

[Naresh mamnani @ca_mamnani]

Took a hit on genesys international. Ignored the apparent red flags in the books. This initially looked like a bamboo tree like investment. But they are literally surviving on the frequent money raised through Eq + Debt. Continuous writing off of Previous investments and receiv.

[Naresh mamnani @ca_mamnani]

Cupid with 38000 mcap is in microcap funds. Ye sirf Motilal wale kar sakte he.

[RJ Stocks @RakJhun]

SEBI has halted fresh inflows into Motilal Oswal’s Nifty Microcap 250 Index Fund. Discussions are ongoing. The Fund was popular with investors. The fund raised ₹120 Cr & now has AUM of ₹2,625 Cr. Existing investors can redeem normally.

[Naresh mamnani @ca_mamnani]

Delhivery's advantage is low-cost efficiency rather than pricing elasticity. Profits can only grow as fast as volume expansion and incremental operating leverage allow. Paying these valuations assumes that this network moat will magically convert into high-margin monopoly pricing

[Naresh mamnani @ca_mamnani]

@kushkatakia @DamaniAshok Titan is the most expensive stock. Compare it to Apple, Nvidia or any of the growth stocks, none can beat titan on expensiveness. The answer is in float.

[Naresh mamnani @ca_mamnani]

Majak Chal raha he

[Falak Kalyani @FalakKalyani]

Cupid looks like a generational opportunity to short the co. Your thoughts?

[Naresh mamnani @ca_mamnani]

@koushiks1 To my understanding this too invloves redesigning the incentive environment. Observed that we have been doing it in some parts? But the corruptions have always found the ways out.
This is what i could understand from grok.

[Naresh mamnani @ca_mamnani]

@koushiks1 But this is the problem of incentives. The people in governance has incentives in keeping the system as discretionary as possible. This is more problematic at state level. There is a will but lack of execution/implementation.

[Naresh mamnani @ca_mamnani]

@koushiks1 Automation and limited discretion can be one way. Example recent changes in income tax has proven to be very effective versus GST registration system.
In education and many others it can be PPP model (TCS in passports).
Fix the areas where money is parked- land and gold.

[Naresh mamnani @ca_mamnani]

Four cable companies together are worth almost the same as Power Grid while producing only ~30% of its current net profit.

[Naresh mamnani @ca_mamnani]

Condomization of the economic reality!

[Naresh mamnani @ca_mamnani]

Cupid currently has a market cap higher than likes of P&G, gilette India.

[Naresh mamnani @ca_mamnani]

@shyamsek Shyam Sir, Storification is a new valuation tool. Too many examples where stories are being given higher valuations.