Osho once said: When you look at Indians from outside, you’ll think of them as most Dharmic and spiritual beings. But when you talk to many, the questions they ask & topics they discuss will create doubts in your mind.
Now I see, he was talking exactly about people like these, who see every crisis as opportunity to make money. 🤷
Akshaya, 34, passed away from a brain hemorrhage on 18 Sept.
In his LinkedIn post, her father shared how, at every step, the ambulance, the police, the crematorium, and even the BBMP office, officials shamelessly extorted bribes from him while he was mourning his only child, and that too for services that are simply their duty.
Sadly, this seems to be the standard practice everywhere.
A friend of mine just pointed out that Grok “kids mode” has exactly the same settings as what companies demand for “enterprise mode” 😂
We have indeed infantilized businesses in modern society.
We understand the push for Zoho to go public. But let me state the reality: Arattai would very likely not have been built by a public company that faces quarter to quarter financial pressure. It was a "hopelessly foolish" project, and even our employees had expressed scepticism that Arattai would ever gain any traction.
We built it because we felt we need that kind of engineering capability in Bharat. We need a lot lot more of such capabilities in Bharat and we are on it.
We have some very ambitious, long range R&D projects going on in Zoho, including compilers, databases, OS, security, hardware, chip design, robotics (not to mention AI) and on and on. In addition, we have invested in many R&D intensive companies that we know won't make money soon.
Zoho is a kind of an industrial research lab that also makes money to fund itself. We essentially ignore short term profits, as long as we don't lose money. And we have a culture of founders and senior executives living frugally, like how good scientists and engineers in ISRO would live. To us that is the essence of Bharat. Japan operated that way when it was developing.
Imagine saying all that to Wall Street or Dalal Street!
He predicted:
• The Deep Learning revolution (2008)
• The online education boom (2011)
• China's massive AI dominance (2014)
Now Andrew Ng revealed 5 opportunities that will create more millionaires than anything before.
Here's what you should know (& how to prepare): 🧵
Rekha Jhunjhunwala saved 334Cr by selling her entire stake in Nazara Tech before online gaming bill was passed.
This is not the first time (or the last time) that rich make money from information asymmetry. While, the retail people lose.
This used to be more deep rooted in the past. You would have watched the show Scam: 1992. It outlined how insiders made money exploiting information asymmetry (on the flip side: retail investors lost money -- this part was not captured much on the show).
Even today, Mutual Fund managers front-run stocks to make an alpha.
Every time, someone front runs a stock the retail investors lose money.
So what's the solution to all this? build investing skills, if you wish to invest in the stock markets. Learn things like
- Valuation analysis
- Risk reward analysis
- Diversification principles etc.
Your knowledge is your shield.
If you can't do it, stick to land and gold.
It is funny: that you are convinced by the insiders that you are too dumb to manage your own money. And, you should simply go to office, work hard.
And, at the end of the month: hand over your entire wealth to be managed by a 3rd party.
You know who does that? fools.
You will pay 30% tax this year.
But some elites are on a 10 year 0% tax holiday with rising property values, cleaner air, and world class infrastructure.
Almost nobody is talking about it.
Warren Buffett just made the boldest bet of his career.
He dumped his Apple shares...
Then bet $1.6 BILLION on a company under federal investigation.
The stock has crashed 50% this year alone.
But here's the brilliant reason Buffett's buying while everyone panics:
1. Most Indians don’t know this tax hack
You can legally create another taxpayer in your house without a new person being born.
It’s called HUF (Hindu Undivided Family).
Here’s how it works and how it saves lakhs in taxes:
20 is weird age, you have to focus on studies, making money, exploring new things, spend time with parents, experience love and you feel like you're running out of time so fast.
If you think your best years are past you in the 20s, the median age of the unicorn founder at start is 32
Some of the largest outcomes like Zerodha, Zetwerk, Infra Market were by founders in their early 30s
Early 30s are when you have both wisdom and energy, a lethal combo