Jay

Finance • Geopolitics • Economics • Business. 📈
🏢 IB @ Wells Fargo | Ex-JP Morgan.
⚖️ Personal views only. No recommendations.

[Sumit Behal @sumitkbehal]

Subhash Chandra just settled ₹22,000 crore debt with a ₹6.5 crore payment and you’re still worried about your CIBIL score

[Jay @jayymehta98]

@AMIT55B @stockscansin Change in P&L format for Banks and NBFCs

[Jay @jayymehta98]

@kvotheism Unable to dm

[Ganesh S. Nagarsekar🇮🇳 SEBI Regt RA-INH000008835 @bharatbetpf]

Chota mu, badi baat. Par sabko easy problem solve karna hai.

LTCG girao, FII lao.

Kisiko hard problem nahi solve karna.

Equity capital sasta hai, Rupee gir raha, phir bhi desh ke smartest log manufacturing plant lagake export karne ki jagah virtual kirane pe AoV kyu maximize karne mein lage hai.

Kyunki koi plant lagaega to chaar babu apna hafta mangne aa jaenge. We are a third world country with first world regulations. And it is a pain for "service class" upbringing junta - which is a bulk of us- to deal with this nonsense.

So most people who should start don't, and some who do give up along the way. Losing not to the market, but the "system".

And we are left with a weak manufacturing base - despite having cheap labour and good talent, and our demographic dividend wasting their lives away on Instagram reels.

Tumhare paas reach hai PM tak, to ye problem address karo, aur solve karwao - Massive Operational Deregulation across Industries. (catchy acronym bhi bana diya).

Financial sector bhi important hai, so by all means fight for better terms/lower taxes. But know that it is only a band-aid.

Desh ko dhandha banane wale chahiye. Dhandha banane wale badhenge to rojgar bhi badhega, earnings bhi badhega, aur currency bhi theek rahega.

Aur FII aaega bhi aur tikega bhi. <end rant>

[Jay @jayymehta98]

@rajvishah30 Exactly, the rent is on par with bombay more or less with a worse infra overall.

[Jay @jayymehta98]

@RailwaySeva @drmsbc @RailwaySeva

[Jay @jayymehta98]

@RailwaySeva @drmsbc Unable to DM, also your whatsapp chat is going through some technical issues.
PNR: 4937675041

[Jay @jayymehta98]

@AdityaD_Shah Good to start SIP in PPFAS Flexi cap now given the large AUM? Any alternate to this fund?

[Mohnish Pabrai @MohnishPabrai]

“If there was only one university in the world I could hire from, it would be the IITs.”
-@BillGates

With 1.3 million kids applying for one of 18,160 seats, the Indian Institutes of Technology (IITs) are the toughest undergrad engineering program to get admitted to. The admit rate is just 1.4% versus 4.7% for @MIT . This year 489 @DakshanaIndia Scholars took the IIT entrance exam and 329 were accepted as IITians, a success rate of 67%!

5% of all IIT seats are reserved for kids with physical disabilities. At @DakshanaIndia, we have had a special focus on disabled kids almost since inception. This year we prepared 33 severely disabled kids for the IIT entrance exam and 26 of them were accepted by the IITs – a 79% success rate! @DakshanaIndia's topper was Lakhan Mahali who ranked 2nd in the country among tribals with disabilities admitted to the IITs. He will be studying Computer Science at IIT Delhi! Congrats Lakhan!

Lakhan has extreme locomotor disability in both hands with an irregular bone structure. He cannot lift heavy objects. He can hold a pen and write only for a few minutes. After that unbearable pain radiates from his fingers to his wrist and then on to his elbow, forcing him to drop his pen. The pain subsides after a few minutes; he can resume writing and the cycle repeats. It is a genetic condition. His younger brother has a similar locomotor disability affecting his back which makes it hard for him to walk even for short distances.

Lakhan’s family lives in Rapcha village in a remote corner of the State of Jharkhand. Lakhan’s mother is illiterate, and his father never finished 10th grade. Both parents are unskilled laborers making under $1.50/day each. They live in extreme poverty in a 250 sq. ft home with no indoor plumbing or regular electric service. Any possible surgery that could have helped him was never explored and not an option.

While Lakhan has great difficulty with traditional writing and lifting heavy objects, he faces no issues with using a laptop or tablet. In 2029, when he graduates from IIT Delhi, his family’s financial struggles will finally be over and we at Dakshana are stoked about our small role in his journey.

(Pictures: @BillGates at @iitd in 2024; Lakhan and his family)

[Nithin Kamath @Nithin0dha]

Link to the article: https://t.co/1fBDwWTy42

[Jay @jayymehta98]

@shreya___15 Babai's chutney is underrated imo

[Jay @jayymehta98]

@shravi_aj Where is this exactly?

[Jay @jayymehta98]

@elonmusk @grok context?

[Jay @jayymehta98]

@saaachimehta cohort

[Vishal Bhargava @VishalBhargava5]

People of Mumbai don’t appreciate it enough - but service standards drop sharply the moment you go to any other metro city of India. There’s no match to the professionalism of Mumbai workforce.

PS: Not applicable to govt workforce

[Jay @jayymehta98]

@ajainuary Hi Anurag, let me know how we can connect, couldn't dm

[Jay @jayymehta98]

@RaghuramNavneet @BangaloreRoomi Interested... couldn't dm you

[Jay @jayymehta98]

@chill_kar_manju @peakbengaluru @BangaloreRoomi Hey, can't dm... can you please share the contact... thanks!

[God @TheTweetOfGod]

Out of curiosity, where were you all thinking of moving after you're done destroying the Earth? Because I assume you've thought that through.

[Jay @jayymehta98]

@ganeshsonawane Frido