Muthukrishnan Dhandapani

Not here to sell or advertise or promote anything. Views are personal and are not recommendations. AMFI Registered Mutual Fund Distributor: ARN-44580

[Muthukrishnan Dhandapani @dmuthuk]

I wouldn’t say I saw the market recovery coming. That would be bluffing.

As I repeatedly say, I structure my financial assets in such a way that I survive in bad conditions and do well in good conditions.

Though it’s too early to say, it looks like the US Iran conflict won’t escalate to the dangerous levels that were feared.

The geopolitical conflict may tone down, resulting in a much better situation for trade and commerce.

Energy prices have started coming down.

Though events like El Nino are occurring, things may not turn out as bad as feared.

Kudos to all who are staying invested and continuing their SIPs.

Uncertainty can mean both surprise and shock.

I’m glad that now is the time for a pleasant surprise for investors.

There is no change on the job uncertainty, AI, and automation front.

So keep your safe money intact.

Please don’t invest safe money in the markets.

After the last few years of tough times, I hope investors have a good period in the times to come.

[Muthukrishnan Dhandapani @dmuthuk]

Nothing earth shattering. But realising simple things can make life easy.

You cannot change anyone.

Change happens only if an individual initiates it on his or her own.

From my own experience, whenever I changed, it was only because I deeply felt the need for it.

The majority of our time is spent trying to change others. Others spend their time trying to change us.

Buffett used to quip that if changing people were easy, it would happen in every Sunday sermon.

The ever candid Charlie Munger once said:

“If you want to ruin your life, spend it trying to change your spouse. It’s really stupid.”

No one likes those who constantly nag them to change.

So it’s a double whammy.

Not only does change not happen, the relationship also gets strained in the process.

[Muthukrishnan Dhandapani @dmuthuk]

Once you become a billionaire, saying that all your work is for helping humanity is the most politically correct statement.

[ChessBase India @ChessbaseIndia]

The board of Indian chess - the board of 100 GMs is complete! :) Thank you @vishy64theking for inspiring an entire nation! It took us close to 40 years to achieve this milestone!

The next 100 is going to be way faster! :)

[Muthukrishnan Dhandapani @dmuthuk]

NVIDIA’s CEO, Jensen Huang, admitted he was unfaithful to his wife. He has been having a close personal relationship with a Chinese woman named Alice Huang.

American intelligence officials believe Alice was working as a spy for China.

NVIDIA makes the powerful computer chips used in artificial intelligence. These chips are very important for America’s security.

An investigation has started to check whether and how much America’s national security has been compromised.

Unexpected things always keep happening.

[Muthukrishnan Dhandapani @dmuthuk]

When you are suffering from a serious disease, going through an insurmountable problem, or extremely worried about the future, your well wishers always come with names of persons who can solve them through supernatural means.

The general rule of thumb is that, except for regular professional help, there is no such supernatural help.

All of us, without exception, have to go through the vicissitudes of life.

There is no way to avoid pain and suffering.

Acceptance is the most supernatural thing.

[Muthukrishnan Dhandapani @dmuthuk]

Seeing tweets about how a fake astrologer got exposed.

Since we cannot accept uncertainty and are always desperate to be certain about the future, so many charlatans of all kinds are created in society.

Trust in God, and if you feel like it, pray. That is more effective and authentic.

Let me also make a disclosure.

I’ve been very interested in astrology since my younger days. I remember reading B.V. Raman’s book even before I turned 18.

I’ve met many astrologers and have huge respect for a few of them.

But none of the decisions I take are based on astrologers’ suggestions.

When I quit employment and was not sure how to go about next, someone took me to a very popular astrologer.

He said two things that are very important:

My horoscope suggests only employment. I can never be on my own.

Stock markets would ruin me. I should keep money only in fixed deposits.

And here I am.

[Prabir Sarkar @sarkar32150]

Brilliant articulation👏

This is the core of wisdom forecasting is necessary for planning, but attachment to our forecast is the root of suffering.

When we tightly hold a stock, a leader, or an ideology, we stop seeking truth and start defending our ego,
Then any criticism feels like a personal attack.

Loosely holding views doesn't mean having no views,
It means having the courage to update your views when reality updates,
That is true intelligence.

[Nish @TradeMatter_]

@dmuthuk I agree. The more tightly we attach ourselves to our predictions and opinions, the harder it becomes to accept new information. Staying open to uncertainty isn’t a weakness. It’s what allows us to adapt as circumstances change.

[Dr.Simon Poul raj MD @medisimon]

Beautifully put, sir.

I'd add one small practice to this. Holding views loosely is easier when you revisit them on purpose, before life forces you to.

Once in a while, sit with your strongest opinions about a stock, a leader, an ideology, and honestly ask what would have to happen for you to be wrong.

If you can't answer, that view has stopped being an opinion and become an identity. That's when change starts to hurt.

Strong enough to act on, loose enough to let go.

That's probably the only way to live with uncertainty without being broken by it 🙏

[Muthukrishnan Dhandapani @dmuthuk]

Excesses correct. No one knows when.

I never go short on anything.

Either I'm long or sit with cash.

[Manish Mittal @manishm04]

@dmuthuk Dare you to take a short position on his companies. Might make you a trillionaire. Put your money where your mouth is.

[Muthukrishnan Dhandapani @dmuthuk]

From your timeline, I see you are an admirer of Elon.

But no need to abuse those who have different opinion.

[RK Paleru @rkpaleru]

@netflix streams absolute unadulterated woke sewer straight into living rooms.

Whatever be one’s opinion on @elonmusk, no one cares. He catches reusable rockets falling from the sky. He implants chips inside the brain for the ALS to speak and the blind to see. He invented FSD capabilities. He freed speech. He launches low orbit satellites to connect humanity. A lot more.

Someone like you posting third rate Dravidian ideological trash, day in and day out, should ask your inner voice on what is your existential purpose in life is, before commenting on Elon. Go build something and stop this nonsense for your Quarter Peter crowd.

[Muthukrishnan Dhandapani @dmuthuk]

Your profile says long term Tesla investor till 2050.

Your money. Your choice.

Even promoters and founders wouldn't know what would happen to their companies after 25 years.

[✨ Indian Charging ⚡ 🇮🇳 @ChazSaldanha]

@dmuthuk I am so financially glad I never took any of your advice... and I'm certain my future will be much brighter listening to Elon than you...

[Muthukrishnan Dhandapani @dmuthuk]

For even the smallest thing to happen, numerous factors need to align and synchronize.

All of us, from laypeople to experts, constantly make predictions about markets, AI, and the future of humanity.

We have to accept that, by nature, we cannot avoid some form of forecasting. Without it, no planning or forward movement would be possible.

In this world, everything affects everything else. A cause leads to an effect, and that effect then becomes a cause for something else, and so on.

Because innumerable variables continuously interact, uncertainty is simply the way of life.

It is better to loosely hold your views, opinions, and forecasts.

Everything is subject to change.

If you hate someone who criticizes the stocks you own, the political leader you admire, or the ideology you believe in, you are holding those positions very strongly.

The more strongly you hold opinions and build defenses around them, the more painful change becomes. Change can even feel devastating.

Loosely holding things makes change less painful and transitions smoother.

[Kyunghoon Kim @Kyunghoon_Kim_]

Another important step for Southern Tamil Nadu!

Journey so far:
https://t.co/WjFrn8Ik7h

[Muthukrishnan Dhandapani @dmuthuk]

Crap.

[Investdunia @investdunia1]

@dmuthuk What is your view on we don't need much money in future as AI will reduce the cost of everything.

[Muthukrishnan Dhandapani @dmuthuk]

A documentary on Elon Musk is now trending on Twitter. It looks like it is available on Amazon Prime Video, to buy or rent.

Many who watched it comment that it is very revealing about what kind of person Elon Musk is.

I’ve never had a particularly high opinion of Elon Musk.

He is extremely good at PR.

His companies are extremely overvalued.

I’ve repeatedly said not to take his forecasts for the future seriously.

In general, let us not form a cult around any individual.

All of us are human beings with our own strengths and weaknesses.

[Muthukrishnan Dhandapani @dmuthuk]

Of the many things we cannot control in life, how others perceive us is one.

Accepting this is liberating and allows for more authentic living.

[Muthukrishnan Dhandapani @dmuthuk]

Catching up with various news items of last week.

Last week, Niti Aayog launched the India Science and Technology (S&T) Scoreboard.

It is heartening to see Tamil Nadu ranked number one in the country in science and technology.

The state leads the country in research publications and patent applications.

Way to go.

[Muthukrishnan Dhandapani @dmuthuk]

Happy Deepavali.

The celebration starts this evening and continues until tomorrow evening.

Enjoy sweets, watch the fireworks, and greet your near and dear ones.

Above all, thank God for everything.

Wishing you and your entire family a very wonderful Deepavali.