Vaibhav Jawale

Hungry for knowledge,
Lifetime learner,
Keen for Personal Finance & Financial Independence

[Vaibhav Jawale @dashingvj]

@gurjota By any chance do you hold accenture ESPP shares ?

[Vaibhav Jawale @dashingvj]

@ActusDei Special privilege to the fund manager who has already invested majority of his corpus into this scheme.

[Orange Book 🍊📖 @orangebook]

Once you get in the best physical shape of your life, you realize that the cure for all your mental struggles were the self-discipline to stick to the training, diet, and lifestyle that you knew you were always supposed to maintain, as well as enough self-respect to build relationships with people who were focused on clear goals, since such people have no time to get offended or create worthless drama.

[Muthukrishnan Dhandapani @dmuthuk]

"Amateurs focus on the company. Professionals focus on the price.

A stock is not cheap or expensive based on its absolute price — it's based on what you're paying relative to earnings, book value, cash flow.

Pay too much and your return is capped, no matter how well the company does.

Pay little and your return is amplified, even if the company muddles along.

That's the ultimate margin of safety." - Peter Lynch

[Muthukrishnan Dhandapani @dmuthuk]

“Overpaying is the only mortal sin in investing because it is the only one that removes optionality. When you pay too much, you are no longer investing in a business; you are making a bet that the future will be exactly as you imagine it. And the future never cooperates. When you pay very little, you are buying the right to be wrong in hundreds of ways and still make money. That is the only asymmetry that survives in the real world.” - Nassim Nicholas Taleb

[Vaibhav Jawale @dashingvj]

@gharkekalesh The only simple thing to do is to stop buying @OlaElectric bikes.

[Jiten Parmar @jitenkparmar]

In last 5 years, 3 years, 1 year preiods, the Nifty PSU bank index has outperformed the Nifty Private Bank index.

Of course, in longer term the Private Bank Index has done well.

But the point to undesrtsand here is that, PSU Banks have done very well in the last 5-7 years. GNPAs from an average of 13% have come down below 3%. And net NPA's are below 1%. Balance sheets of PSU banks are very good.

PSU banks have actually grown higher than private banks last FY.

I track PSU banks closely. And can say that there is lot of change. The focus is improved, the business per employee has been going up. Keen eye on NPAs. Technology is being embraced.

Is there room for improvement? Yes, there is. And I see that happening.

There are many who had a dim view of PSU banks and PSU companies. "They are for government" is what they said. But one can see many PSUs have given fantastic returns in the last few years. Be it Defence, Railways, PSU Banks and so on.

I have always been of the view that rigidity is a big enemy of investors. One needs to be objective. And look for change. When change happens, money is made.

[Vaibhav Jawale @dashingvj]

@mid_day No road , no vote!

[Sahil Kapoor @SahilKapoor]

Cheerleaders will talk about taxes, rates, liquidity, political changes, inflation, astrology....impact on stocks....

But will skip the two most important questions on a business:

What is it worth?
How much am I paying?

[Vaibhav Jawale @dashingvj]

@patil_kunal1988 Yes Samruddhi mahamarg is having no issue till last point amane. What about water logging scenes in dombivli?

[Vaibhav Jawale @dashingvj]

@KirtanShahCFP What happend to the dreams sold for long term holding . Bad decision from them

[Vaibhav Jawale @dashingvj]

@venkat_fin9 Corruption at its peak.

[Vaibhav Jawale @dashingvj]

@punekarnews @OfficialPMRDA People still want to keep buying those matchboxes for 2Cr+ . There is no alternative here, can't expand roads.

[Vaibhav Jawale @dashingvj]

@LarissaFernand That same advisor must have suggested the client few years back to live a frugal life and then it became a habit.

[Vaibhav Jawale @dashingvj]

@shyamsek The compounded sales growth and profit growth has resonated into stock price . Poor numbers on every time frame.

[Vaibhav Jawale @dashingvj]

@malpani Some people just reading a tweet and commenting rubbish about Dr Malpani. To such people at least read something about Dr Malpani, his achievements, his ongoing contributions in education field. This shaming won't reach you far in life.

[Vaibhav Jawale @dashingvj]

@BeshakIN No Shak on Beshak

[Beshak.org Insurance 🧐 @BeshakIN]

🚨Launching biggest ever health insurance camp on Twitter

We at Beshak will help people solve their health insurance problems.
No charges.

WHAT YOU NEED TO DO?
1. Follow us, if you don't
2. Repost this tweet and support us.
3. Reply to this tweet with "No shak on Beshak" Just for fun 😁

We will automatically DM you a link to a form.
You need to share your details there by 11th December 2024.

Next, the Beshak team and community will use all our knowledge, all our resources to help you out, at the earliest.

Promise:
No hidden agenda.
No spam.
No usage of personal data.

Just people helping people 🙏

[Vaibhav Jawale @dashingvj]

@NIKHILLJHA Waiver for SC is welcomed but for others 5% upto 5L sum assured. 5L is the bare minimum and is not sufficient for a family. That limit needs to be increased

[Vaibhav Jawale @dashingvj]

@NIKHILLJHA I Lomb do not allow existing policy holders to port to elevate plan before renewal date . Any reasons u know ?