Dhrumil Patel

Analyst. Family Man. Human.
All past, present, and future like, RTs, mentions, and opinions are my own.

[Dhrumil Patel @dhrumilap]

We argue safe AI deployment needs predicting behavior on novel tasks. We introduce evaluation scales that expose benchmark demand, derive ability profiles of strengths/limits, and predict instance-level performance. Our automated 18-rubric/63-task/15-LLM method beats black-box.

[Dhrumil Patel @dhrumilap]

शुभ दीपावाली 🪔🙏

[The Paperclip @Paperclip_In]

When you think ‘Ram Leela’, what comes to mind? Guns? Love? The dashing Deepika and Ranveer duo probably? But this Sanjay Leela Bhansali film also has a connection with some of the greatest literary doyens of India. A thread. 1/15

[World Athletics @WorldAthletics]

Male Athlete of the Year nominee ✨

Retweet to vote for @Neeraj_chopra1 🇮🇳 in the #AthleticsAwards.

[Dhrumil Patel @dhrumilap]

@adhirasy @kumarmanish9 Don't break hearts.
Don't break.
Don't.

[The Kobeissi Letter @KobeissiLetter]

Current situation:

1. Stocks are falling like a recession is coming

2. Oil prices are rising like there's no recession in sight

3. Interest rates are rising like we have 10% inflation

4. Gold is falling like inflation is gone

5. Housing prices are rising like rates are falling

6. Commercial real estate is falling like its 2008

Nothing adds up here.

[Vishal Khandelwal @safalniveshak]

Want to become a full time investor?

Please don’t become a full time investor.

[Dhrumil Patel @dhrumilap]

@mainkyaakarun @vishal_vinu @LoyalSachinFan Not just one, but 3x Akmal irritation!

[Harsh Goenka @hvgoenka]

A very relevant social experiment….

[Kirttan Shah @KirtanShahCFP]

Direct Stocks or Mutual Funds?

Investor - I want to invest in Equities

Me - How long can you stay invested, how much risk can you take & what’s your return expectations?

Investor - Can stay invested for 10 years, okay with volatility and return expectation is 13-15%

Me - Okay, we will invest in ABC Flexicap, XYZ Midcap and PQR Small cap Mutual Fund

Investor - Can we not do direct stocks?

Me - You want to generate returns, how does it matter where are these returns coming from (Direct stocks or MF)? Also you are not going to be able to track sector rotation, corporate actions & news etc. As a retail investor, MF is a much better option & it will make you the returns you are expecting over 10 years.

Investor - But direct stocks will generate higher returns

Me:

- It’s a misconception.
- In direct stock investing, the broker app does not show you the portfolio XIRR and hence you don’t understand your over all return. 90% investors can’t beat the FD returns also over time.
- One stock may have done very well but the over all portfolio return is always grey and hence we feel the returns are high.
- While you are investing in a Mutual Fund, your investment are invested in stocks only, exactly what you are expecting. If you want to take higher risk to generate higher returns, that’s also very much possible, increase allocation to Mid & Small cap and give it atleast 10 years. But if you are going to compare 1 stock that you bought which gave 50% returns to a large cap fund which is a portfolio, it’s not a fair comparison.
- Also the most important thing is you will not be able to consistently find such stocks without losing money on some stocks & hence your net returns are no where close to the return that your 1 stock gave.

P.S. - Right combination of Mutual Funds & decent time horizon can generate 13-15% CAGR which is decent in Equity investing.
- If you want more you need to accept the risk and allocate higher than normal to Mid and Small cap funds & you will generate higher returns over time.
- But if you think investing in direct stocks will consistently be able to make a retail investor 30-35% return, you are probably amongst the top 0.1%, for everyone else there is a Mutual Fund.

[NE Ohio Regional Sewer District @neorsd]

sewerenity prayer

[Dhrumil Patel @dhrumilap]

First flight of the year, and we are still waiting in the bay while the engineers figure out the malfunctioning left wing. Nothing surprising here @GoFirstairways

[Lewin | Wealth Pill 💊 @Wealth_Pill]

Cheat codes about life I know at 35 I wish I knew at 20:

[Tim Urban @waitbutwhy]

People tend to get wealthier as they get older, which is like everything becoming cheaper as you age.

But time just gets more and more expensive. We start out as time fat cats and end up in time poverty.

So the older you get, the more it makes sense to spend money to save time.

[Dhrumil Patel @dhrumilap]

Yesterday Saudi Arabia and today Japan! Wow!! #FIFAWorldCup

[Deedy @deedydas]

Tech Layoff

Meta - 11k (13%)
Twitter - 3.7k (50%)
Intel - 20%
Snap - 20%
Netflix - 450
Robinhood - 30%
Stripe, Lyft - 13%
Salesforce - 2k
Amazon - 10k

120k+ layoffs. 2000-01 dot com layoffs were ~107k. Q4 layoffs have just begun.
A brutally cold tech winter is coming.

[Dhrumil Patel @dhrumilap]

@parthjani HELL YEAH!

[maithun @Being_Humor]

and then by age 30, you start looking for a 9-5 job. 🤣