Keerthan B S

Long term investor - min 3+ years.
Non directional Short Index options - Expiry only.
Amateur Footballer & Gamer.
Blessed to have wonderful parents 🙏

[Keerthan B S @keerthanbs]

@architgupta Thanks for the doomsday post reeking of incentive caused bias. I know business is dry, and spreading fear may feel necessary.
Diy is possible, have been doing so for many years. It's not rocket science

[Keerthan B S @keerthanbs]

@SarangSood Farming going well 💙🤝

[Keerthan B S @keerthanbs]

@CommerceGuruu Wtf

[Keerthan B S @keerthanbs]

@LeverageAlpha_ The shady/illegal prop guys were insurance against 5% moves. Now even 5% + moves intra day are on the table. Significantly reduced mtm per day on the unhedged non-directional 0 dte positions

[Keerthan B S @keerthanbs]

@marwadimoney @zerodha Today it was on life support. Constantly close to death

[Keerthan B S @keerthanbs]

@saurabh_gunjal_ @ZiddiBakra You have a bright future as a furu 🫶

[Keerthan B S @keerthanbs]

When will graviton stop pumping kalyan jewellers?

[Keerthan B S @keerthanbs]

@AskZerodha @marwadimoney very shameless ! How the hell is someone supposed to know this? Post a pop up message on Kite. Are we expected to open nse option chain to get this info each time ?
@BeSensibull
open the damn strikes.
@Nithin0dha
590 ce also open, this is depriving fair access. fix it now!

[Keerthan B S @keerthanbs]

Kalyan jewellers: thankfully bought futures instead of selling strangles.
I did screw up by selling 430 ce & limiting upside 😕
I don't get why nse is so slow at opening new strikes

[Keerthan B S @keerthanbs]

@prabhakarkudva @soicfinance @ishmohit1 3. can 5% circuits/asm be used as a filter out criteria? almost all ai proxies cant be pledged for my f&o trading
4. Is it possible to make decent upside while skipping 2 of 5-6 sectors which are leading in an emerging bull market( power, ai, cdmo, capital markets, aerospace)

[Keerthan B S @keerthanbs]

@prabhakarkudva @soicfinance @ishmohit1 1. how many themes are too many in a pf?
2. how many total stocks within them are too many?

[Keerthan B S @keerthanbs]

@inv_vin8 3 months 20% rinse & repeat

[Keerthan B S @keerthanbs]

@EquityInsightss Well done

[Keerthan B S @keerthanbs]

@abhymurarka Didn't mean I follow 1 & 2, meant that's the hubris element which leads to these problems

[Keerthan B S @keerthanbs]

@SureshKBN Wish this wasn't true but it is

[Keerthan B S @keerthanbs]

@ias_summit Won't be attending this year as the incremental value for the attendee is low. Better way to vacation. At best, good to catch up with few friends

[Keerthan B S @keerthanbs]

Must read

[Prabhakar Kudva @prabhakarkudva]

Should I concentrate or diversify? Wrong question.

The right one: are you even qualified to concentrate?

A 4 legged framework to think this through:

1. Time-frame - concentration is a short-term game. Popular wisdom says long-term “conviction” justifies big bets. It’s the opposite. The longer the horizon, the more the variables, the more the uncertainty. Only a trader playing short term (with risk mgmt, which is a given) has any business concentrating. Rest should avoid.

2. Screen Time - Related to above is the fact that if you are short term and concentrated you have to be full time focused to manage the position - willing to take losses, sell into strength, reduce risk continuously. Ppl take this too lightly. If you have a day job or you’re not adept at managing a big position , you probably “shouldn’t try this at home”.

3. Depth - How willing are you to do the work (massive reading, scuttlebutt) , how many years and cycles have you tracked the company. This matters most as for those concentrated as it all comes down to judgement which only comes from knowing the nuances about the business and sector. Most under-estimate this. Also this can’t be outsourced to AI or reading third party research.

4. Market cap - if you’re into mid, small and micro - concentration can kill you for no fault of yours. The only fault being you concentrated where you shouldn’t have. All I want to know is where I am going to die so I don’t go there. Accidents in this space are a given.

Use this framework to judge yourself and the answer will be quite apparent.

The most surprising and counterintuitive fact is that for most people you are more likely to make more money being diversified than being concentrated over your investing career.

[Keerthan B S @keerthanbs]

@prabhakarkudva Beginners often chasing hype end up buying near the end of the peak.
Agree that practitioners have less valuation bias & are more receptive to ideas

[Keerthan B S @keerthanbs]

@bebhuvan Everything was congruent until - what does this mean bro section:)
Usa got women to participate in the labor force between 1900-1920 while simultaneously seeing drop in child workers. Gains of that order are mind boggling. Can't help but feel india is 100 years behind