My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
Dear @ICC,
It is with a heavy heart that we now announce our unavailability to replace Pakistan in the upcoming T20 World Cup. Regardless of whether they now withdraw, the short timescales ensure it is impossible for our squad to prepare in the professional manner necessary to compete effectively in this global cricketing spectacle. We are not like Scotland and able to turn up on a whim, with no kit sponsor.
Our players are from all walks of life and cannot simply drop their occupations to fly halfway around the world to experience temperatures only normally felt in Finnish saunas. Our captain, a professional baker, needs to attend to his oven, our ship captain needs to steer his vessel, and our bankers need to go bankrupt (again). This is the harsh reality of cricket at the amateur level of the game.
This news will be extremely disappointing to our fans. Despite being the most peaceful nation on Earth, we maintain an army of online followers, and are the world's 14th most followed national board on X. We were ready to give the Dutch the biggest shock they have experienced since William of Orange lost the Battle of Landen in 1693. And the Americans were looking forward to taking on Greenland, or so their orange-dyed leader thought.
Our loss is likely Uganda's gain. We wish them well. Their kits cannot be missed unless you have epilepsy, in which case they are probably best avoided.
The future is always ice, until it isn't.
Yours sincerely,
Icelandic Cricket Association
Vamos, @RafaelNadal!
As you get ready to graduate from tennis, I’ve got a few things to share before I maybe get emotional.
Let’s start with the obvious: you beat me—a lot. More than I managed to beat you. You challenged me in ways no one else could. On clay, it felt like I was stepping into your backyard, and you made me work harder than I ever thought I could just to hold my ground. You made me reimagine my game—even going so far as to change the size of my racquet head, hoping for any edge.
I’m not a very superstitious person, but you took it to the next level. Your whole process. All those rituals. Assembling your water bottles like toy soldiers in formation, fixing your hair, adjusting your underwear... All of it with the highest intensity. Secretly, I kind of loved the whole thing. Because it was so unique—it was so you.
And you know what, Rafa, you made me enjoy the game even more.
OK, maybe not at first. After the 2004 Australian Open, I achieved the #1 ranking for the first time. I thought I was on top of the world. And I was—until two months later, when you walked on the court in Miami in your red sleeveless shirt, showing off those biceps, and you beat me convincingly. All that buzz I’d been hearing about you—about this amazing young player from Mallorca, a generational talent, probably going to win a major someday—it wasn’t just hype.
We were both at the start of our journey and it’s one we ended up taking together. Twenty years later, Rafa, I have to say: What an incredible run you’ve had. Including 14 French Opens—historic! You made Spain proud... you made the whole tennis world proud.
I keep thinking about the memories we’ve shared. Promoting the sport together. Playing that match on half-grass, half-clay. Breaking the all-time attendance record by playing in front of more than 50,000 fans in Cape Town, South Africa. Always cracking each other up. Wearing each other out on the court and then, sometimes, almost literally having to hold each other up during trophy ceremonies.
I’m still grateful you invited me to Mallorca to help launch the Rafa Nadal Academy in 2016. Actually, I kind of invited myself. I knew you were too polite to insist on me being there, but I didn’t want to miss it. You have always been a role model for kids around the world, and Mirka and I are so glad that our children have all trained at your academies. They had a blast and learned so much—like thousands of other young players. Although I always worried my kids would come home playing tennis as lefties.
And then there was London—the Laver Cup in 2022. My final match. It meant everything to me that you were there by my side—not as my rival but as my doubles partner. Sharing the court with you that night, and sharing those tears, will forever be one of the most special moments of my career.
Rafa, I know you’re focused on the last stretch of your epic career. We will talk when it’s done. For now, I just want to congratulate your family and team, who all played a massive role in your success. And I want you to know that your old friend is always cheering for you, and will be cheering just as loud for everything you do next.
Rafa that!
Best always, your fan,
Roger
Europeans can be in amazing shape & live to 100+ while:
• Eating carbs 24/7
• Rarely going to the gym
• Drinking alcohol every day
But when Americans do it?
They become obese & get sick.
It took some time...
But I think I found what EXACTLY is going on:
🧵
A former CIA math genius built a quantitative trading fund that earned more than $100 BILLION for investors.
At 66% return/yr, his track record destroys that of Warren Buffet, George Soros, Carl Icahn, and every investor who ever lived.
The Smartest Billionaire in Finance:
10 years ago today @aaronsw took his own life after overly aggressive prosecution.
He invented internet infrastructure.
He defeated the greatest threat the Internet had ever seen.
And you probably don't know who he is.
You should.
Here’s his story 🧵
#Delhi
249 #COVID19 cases
38% higher in 24 hrs
At this time our #VitD levels are the lowest due to the sun's angle/pollution
Keep your D levels up to reduce the risk of infection rather than pumping in large doses once infected
Ask your doctor for supplements
1000-2000 u/d
OK.. a small primer in golf for those struggling to understand it.
A golf course has 18 holes. So a "round of golf" is playing those 18 holes. In tournaments, they play 4 rounds of golf so a total of 72 holes.
Each hole has a par score attached to it. 1/n
It looks increasingly plausible that the #SARSCoV2 B.1.617.2 lineage might be more transmissible than B.1.1.7, at least in parts of India and the UK. This would be in line with a trend for #SARSCoV2 having become more contagious over time as it adapts to its human host.
1/
Freaking Incredible: Agassi knew where Boris Becker was going to serve based on his tongue movements, but didn’t want to use it all the time because then Becker would find out