Warren Buffett’s 10 Rules for Building Wealth💎
From capital protection & intrinsic value to patience, quality businesses, and long-term discipline — wealth is built by thinking like an owner, not a trader.
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The Securities and Exchange Board of India has approved futures and options on the Nifty India FPI 150 Index, an index specifically designed for foreign portfolio investors (FPIs).
The index comprises 150 stocks selected based on their accessibility to overseas investors, using criteria similar to those employed by global index providers.
These contracts will be listed on the National Stock Exchange of India in Mumbai, providing onshore rupee-denominated derivatives. Currently, dollar-denominated derivatives on the same index are available in GIFT City, but trading activity has been limited.
Why We Are So Apologetic?
Every country in the world proudly celebrates its culture (Except Indian liberals)
Viking Row Celebration by the Norwegian Soccer team after defeating Brazil in Round of 16.
For Norway, Viking Row isn’t just a goal celebration it’s a tribute to their ancestors. For centuries, Viking longships carried Norwegians across vast oceans. Today, national team rows together to honour that glorious legacy of courage.
Just imagine the meltdown by Indian left if Indian Cricket team doing Chola oar-rowing, Rajput sword salute or Maratha "Har Har Mahadev" victory pose after winning match in world cup
Why remembering and celebrating our glorious past is branded as “communal” and “Sanghi propaganda” in India?
The media continues to create noise around small and mid-cap investing, repeatedly warning that these segments are "too risky" and suitable only for investors willing to stay invested for 10 years.
But does the data support this narrative?
A truly diversified portfolio is often found in small-cap companies—not just in large caps.
Opinions may differ. Headlines may change. But data doesn't lie.
Consider the composition of India's market indices:
Top 100 companies: 37 sectors represented, with an average market capitalization of ₹2,76,596 crore.
Companies ranked 101–250 (Mid Cap): 51 sectors represented, with an average market capitalization of ₹64,335 crore.
Companies ranked 251–500 (Small Cap): 59 sectors represented, with an average market capitalization of ₹21,262 crore.
For perspective, the Top 500 companies have an average market capitalization of ₹86,885 crore.
The data clearly shows that as you move beyond the largest companies, sector representation becomes significantly broader, providing greater diversification across the economy.
Instead of making investment decisions based on media narratives, let the data guide your thinking.
Sometimes, the best investment decisions look unconventional at the beginning but become obvious only with the benefit of time. Always do your due diligence before investing.
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Disclaimer: Please keep in mind that mutual fund investments are exposed to market risk. Before making any investment decisions, review all scheme-related documentation thoroughly. The material of the reports is intended solely for informational purposes and should be used by the recipient. While we made significant efforts to compile the data and contents of this report, we give no promises about the logic of the assumptions or the veracity of any data. Any decisions made using this material are completely the responsibility of the recipient. We reserve the right to correct any errors or discrepancies in the reports that are discovered or brought to our attention at any time. Perform your research thoroughly before making any investments. Why? Just because it's interesting.
BREAKING: Iran has declared that ships cannot cross the Strait of Hormuz without its permission, setting the stage for future tolling arrangements by saying it could introduce “insurance fees," per Bloomberg.
Details include:
1. All vessels that transit the Strait of Hormuz will have to secure a mandatory insurance policy
2. This policy is currently free for the next 60 days but could involve charges in the future
3. Iran also said ships must follow its prescribed route and that alternatives are prohibited
The MoU signed with the US only says that transit through the Strait of Hormuz would be free for the duration of its 60 day term.
It appears Iran is preparing for long-term control of Hormuz.
Entire Mercury retrograde will happen in Punarvasu, the Nakshatra of safety, security, logistic, supply chain. This may bring disruption in all kinds of travel, specially air travel, logistics. Be aware of financial scams. Safety & security will take priority now. If you are traveling then keep extra time in hand as delay and diversion are natural in Mercury Retrograde from 29th June to 23rd July.
In conversation with Shibani Gharat on ET Now, the discussion focused on the thought process behind the gold selling campaign.
India holds nearly ₹4 crore crore of gold. If even 1 percent to 1.5 percent of this comes out of lockers, bars, and coins, it can reduce the need for gold imports and help address the $65 billion balance of payment gap.
With around ₹100 to ₹125 crore of exits already seen, the objective is simple. If Anand Rathi Wealth enables ₹3,000 crore of gold exits, it can help solve 1 percent of India’s problem.
Trump claims Iran has agreed to 'never buy or develop nuclear weapons.'
However, the Iranian media has dismissed Trump's claims, saying, 'no such draft has been approved yet.'
@scribesoldier shares more details with @aakaaanksha.