No Fancy Haircuts
No Childish dancing
No Fat Agent
Wore Β£35 Sports direct boots
Knocked Barca out the UCL at 34
Treble Winner, Baller, Legend
Pogba not even fit to kiss his ginger arse, and there's absolutely nothing you can do about it!
This El Clasico has more Manchester United Academy graduates starting than Real Madrid.
Talk about Football Heritage! π€―
La Carrington never disappoints. πΉβ
In 2017, I started my investing career with 936 shares of IDFC FIRST Bank and today we hold > 6,50,000 shares of the bank at a family portfolio level. We donβt plan to sell a single share anytime soon. It is a classical game of coffee can investing. Whether itβll be successful or not - only time will tell.
Even if I have 50,000βΉ of spare money, 9/10 times I buy the same stock. @IDFCFIRSTBank
Investing is a game of extreme patience, with abnormal returns possible (and they can be both ways +ve or -ve).
Idea 03/n (IDFC FIRST BANK LTD)
While largely it hasnβt performed, at a stock level, the growth in the books has been wonderful. I have seen the bank grow from nothing to a mid sized banking fav (And Iβve got quite a decent return thanks to IDFC Ltd, its dividend and reverse merger ratio- there was a point when IDFC Ltd and Bank used to trade at the same value and I entered IDFC Ltd then and made a fair arbitrage). Iβm confident the stock shall perform (as the company will).
Iβve had multiple opportunities to interact with V Vaidyanathan, whether on Email or on Video Conferencing at AGMs, and it has only made me more confident about the company.
The guidance 2.0 guides for 12,000 crores of PAT by FY29, which I think is pretty much doable with Total Loan Book > 2.5 lakh crore now. At a modest 25 P/E that would translate to a market cap of 3 lakh crore (indirectly management indicates a 5-6x upside in 4 years)
Cost to income would gradually come down with time, and so would the cost of funds eventually, so the NIMs are protected.
Can it grow 10x in 10 years- only time will tell, but Iβm keenly watching.
Sharing a screenshot from 2018 when I sent him greetings on the merger, and when Vaidya gave me a life advise to diversify (that I ended up following greatly).
(D - heavily interested)
(D - NOT SEBI registered, DYOR)
π¨ Antony broke down in tears during his Real Betis presentation
"I've been very anxious every day. On Sunday it was early to travel, but I always made it very clear that my first choice was Betis or Betis, I had no other option. When we knew we were going to travel, I spoke to my mother and sister, they were all crying. What happened in Manchester, only I know how difficult it was. I'm sorry. Training separately, but that's part of life. I knew this moment would come. It's in the past," Antony said
Bruno joined us in 19th.
Trippier left Simeone in Madrid to do the same.
Isak was one of the rawest talents in Europe and came.
Botman turned down AC Milan to join.
The issue isnβt attracting the players. The issue is targeting the wrong ones.
It is that simple.
#NUFC