IndEqQnt

Equity/India/Quant

[IndEqQnt @IndEqQnt]

@shortbus_ace Upton Sinclair supremacy

[IndEqQnt @IndEqQnt]

@0xFaust12 @0xfdf @__paleologo Did the same with Codex. Very impressed with results.

[IndEqQnt @IndEqQnt]

@Prashanth_Krish @sumedhbhagwat96 I am sure that Swensen model would not look so smart 5-10 years from now

[IndEqQnt @IndEqQnt]

@Prashanth_Krish @sumedhbhagwat96 Let’s not confuse what newspapers report versus what is the internal benchmark for endowments. And David Swensen took huge illiquidity bets (which worked for a larger endowment like Yale) which may not work out for everyone

[IndEqQnt @IndEqQnt]

@Prashanth_Krish @sumedhbhagwat96 Although tbf Cornell is more likely to be closer to Yale than average endowment

[IndEqQnt @IndEqQnt]

Blindly stupid stupid take

[Manas Muduli @manas_muduli]

If Apple or Samsung made a wearable device like #Temple, nobody would question it. They would happily pay Rs 1.5 lakh for it and stand in a queue to buy one.

But when an Indian company makes one, suddenly they have a problem.

Some people are still trapped in a colonial mindset, unable to appreciate homegrown innovation.

[IndEqQnt @IndEqQnt]

The flow of people is only in 1 direction.

[Seth Bregman @notsethbregman]

Cepha is an idiot

To think Optiver and DRW trading class is more prestigious than Goldman S&T program, this octopus is probs the biggest idiot on this platform.

[IndEqQnt @IndEqQnt]

@sumedhbhagwat96 @Prashanth_Krish Also, nobody compares endowment returns with S&P500. I expect better from Prashanth because he’s one of the most level-headed people on Indian FinTwit.

[IndEqQnt @IndEqQnt]

@Anand_datta Yeah, and as you can see the bulk of juice came in last 10 days. US AI slump IS the predominant factor. Good earnings helped, but they were already the market expectations.

[IndEqQnt @IndEqQnt]

Were these fundamentals absent 10 days back?

[Anand Datta @Anand_datta]

The kind of stupid analysis which completely misses on how strong the fundamentals of Indian companies have been - PAT growing at 20-25% at scale without any fundamental tech risk will always get rewarded by markets, it's just a matter of time !!

[IndEqQnt @IndEqQnt]

I agree. And why should mutual funds benefit from the tax shield on their internal churn. Domestic investors are the GAWD. Sabko baraabar treatment milna chahiye 😂😂

[Vikas Khemani @vikaskhemani]

My two bits -
Removing LTCG only for FPI is unfair to domestic savers. It’s domestic investors who have saved Indian markets for last 10 years. It’s truly long term capital.
Moreover, It will also start round tripping and hawala like it used to happen earlier when people would send their money abroad thru unofficial channels and bring thru FPI route to save tax and operate markets.

I think it must be rationalised. Both STT and CG can’t exist. Remove CG and keep STT or other way around. If you keeping both, then give credit of STT as tax payment like TDS.

Also pl reduce complexities involved in set off of LTCG with ST capital losses. There are lot of unnecessary complications. Eg, Long term capital loss can’t be set off against Short term capital gain.. there are many more like this across FY carry forward etc.

@nsitharaman @FinMinIndia @PMOIndia @EconomicTimes @PMOIndia @SEBI_updates

[IndEqQnt @IndEqQnt]

😂😂😂😂

[Vikas Khemani @vikaskhemani]

My two bits -
Removing LTCG only for FPI is unfair to domestic savers. It’s domestic investors who have saved Indian markets for last 10 years. It’s truly long term capital.
Moreover, It will also start round tripping and hawala like it used to happen earlier when people would send their money abroad thru unofficial channels and bring thru FPI route to save tax and operate markets.

I think it must be rationalised. Both STT and CG can’t exist. Remove CG and keep STT or other way around. If you keeping both, then give credit of STT as tax payment like TDS.

Also pl reduce complexities involved in set off of LTCG with ST capital losses. There are lot of unnecessary complications. Eg, Long term capital loss can’t be set off against Short term capital gain.. there are many more like this across FY carry forward etc.

@nsitharaman @FinMinIndia @PMOIndia @EconomicTimes @PMOIndia @SEBI_updates

[IndEqQnt @IndEqQnt]

@JessicaNutt96 Fetterman

[IndEqQnt @IndEqQnt]

@BigBreakfastLob @hennymatisse @0xFaust12 If the risk model constraints momentum exposure, then why should the pods be worried about momentum crashes? The truth is that they are running mom-adjacent exposures that get crowded. People know momentum crashes and its costs but it’s emotionally costly to hedge

[IndEqQnt @IndEqQnt]

So it’s a book shop. Seth ke bas ka nahin hai library wagairah

[Nita Mukesh Ambani Cultural Centre @nmacc_india]

Sonali Bendre introduces you to the rules of The Library at NMACC. And they’re not quite what you’d expect!

The most important rule of all? Never judge a book by its cover.

[IndEqQnt @IndEqQnt]

@Shivam_Pardesh Long term in the streets, short term in the sheets

[IndEqQnt @IndEqQnt]

Fund managers who preach thinking in decades when their brain-dead idea has a good week after being pigshit for a couple of years

[Kalpen Parekh @KalpenParekh]

The largest ten stocks ETF in nifty has outperformed the small cap index by 10% in one month

[IndEqQnt @IndEqQnt]

Gonna cry???

[Jesse Livermore @Jesse_Livermore]

Everyone, regardless of party, should acknowledge that the Dan Sullivan stunt in Alaska was despicable. Under Biden, people were prosecuted and sentenced to prison for voter confusion campaigns that had much weaker effects on the eventual outcome. See the case of Douglass Mackey.

[IndEqQnt @IndEqQnt]

@TheMehulSangani @saketh1998 Operator 😂😂😂

[IndEqQnt @IndEqQnt]

@Shanks04_ @cricmetric Because he’s not a cobra, he’s a python. He will run through his overs quickly keeping things quiet and suffocate the batsman to take wickets. Spinners like Herath and Warne rely on brilliance to take wickets