Prakash Diwan

A fun-loving, investment professional primarily driven by the opportunity to create wealth for others and hence oneself!

[Prakash Diwan @P_diwan]

@guptajalaj5 🙏

[Prakash Diwan @P_diwan]

You were so right in ur previous tweet!! 👌🎯
Thank you for rallying enough to find out a pic that helps share the sheer joy!

[Gurpriya @GurpriyaSidhu]

My friend's neighbour has clicked the most GOATED photo from today. @karthik022 we are indebted to you.

[Prakash Diwan @P_diwan]

Incredible!! Congratulations and thank you!🙏

[prathosh A P @prathoshap]

A 15-year-old dream has come true today. I started a PhD with the dream of creating a system that chants any Sanskrit shloka perfectly.

And here I am opening sourcing 𝐕𝐚𝐠𝐝𝐡𝐞𝐧𝐮 - 𝐀 𝐯ṛ𝐭𝐭𝐚 (𝐦𝐞𝐭𝐞𝐫) 𝐚𝐰𝐚𝐫𝐞 ś𝐥𝐨𝐤𝐚-𝐭𝐨-𝐜𝐡𝐚𝐧𝐭 𝐭𝐞𝐱𝐭-𝐭𝐨-𝐬𝐩𝐞𝐞𝐜𝐡 (TTS) 𝐬𝐲𝐬𝐭𝐞𝐦 𝐟𝐨𝐫 𝐒𝐚𝐧𝐬𝐤𝐫𝐢𝐭. This is the world's first vrutta-aware, open-source TTS for Sanskrit Chanting.

[prathosh A P @prathoshap]

A 15-year-old dream has come true today. I started a PhD with the dream of creating a system that chants any Sanskrit shloka perfectly.

And here I am opening sourcing 𝐕𝐚𝐠𝐝𝐡𝐞𝐧𝐮 - 𝐀 𝐯ṛ𝐭𝐭𝐚 (𝐦𝐞𝐭𝐞𝐫) 𝐚𝐰𝐚𝐫𝐞 ś𝐥𝐨𝐤𝐚-𝐭𝐨-𝐜𝐡𝐚𝐧𝐭 𝐭𝐞𝐱𝐭-𝐭𝐨-𝐬𝐩𝐞𝐞𝐜𝐡 (TTS) 𝐬𝐲𝐬𝐭𝐞𝐦 𝐟𝐨𝐫 𝐒𝐚𝐧𝐬𝐤𝐫𝐢𝐭. This is the world's first vrutta-aware, open-source TTS for Sanskrit Chanting.

[Prakash Diwan @P_diwan]

@Sushil9050 Thank you!

[Prakash Diwan @P_diwan]

So wonderfully explained Jitubhai! Thank you!

[Jiten Parmar @jitenkparmar]

Silver falls 38%.

So, whats the big deal ? Don't stocks fall 38% ?

Yes. Individual stocks can fall 38%. Even more. But your stock portfolio to fall 38% in one day is an extremely extremely rare phenomenon (unless you are an extremely concentrated 1-3 stock pf investor).

There are fundamental differences in comparing a commodity like Silver and Stock portfolios.

1. Productive vs. Non-Productive Assets
​The most vital distinction is that a stock is a piece of a business that works for you, while silver is a non-productive metal.

​Equities: When you buy a stock, you own a share of a company’s earnings, innovation, and cash flow. Even if the price falls, a strong company continues to sell products, generate profits, and pay dividends.

​Silver: Silver has no "earnings." Its price is driven purely by supply, industrial demand, and speculation. It doesn't grow; it only reacts to the market's mood.
​
2. Valuation vs. Sentiment
​Stocks have "Floors": If a profitable company’s stock falls too far, its dividend yield becomes so attractive, or its price-to-earnings (P/E) ratio so low, that rational investors (and the company itself through buybacks) step in to buy. This creates a fundamental floor.

​Silver is Sentiment-Driven: Because silver doesn't produce cash, it has no "yield". If the speculative bubble bursts—as seen recently where silver surged vertically before crashing—there is no internal engine to stop the slide until a new buyer is found.

​3. The Nature of the "Crash"
​A 38% fall in silver often follows a "parabolic" move (a near-vertical price jump). Historically, silver is far more volatile than the broad stock market.

​Historical Context: Silver is known for "speculative exhaustion." When silver outperforms gold with high velocity, it often signals a bubble.

​Stock Market Resilience: While the Nifty 50 Sensex or BSE 500 can certainly fall 38% (as they did in the past), these are usually triggered by global economic halts, not just "profit-taking" after a speculative run. More importantly, stocks and carefully constructed portfolios have a 100% historical track record of recovering to new highs because the global economy continues to expand.

​4. Forced Liquidation
​In extreme market events, everything can fall together.

​The Liquidity Trap: Sometimes stocks do fall because of silver (or vice versa). If a large fund loses money on silver, they may be forced to sell their "good" assets (their stocks) to cover their losses.

​The Opportunity: For an equity investor, this is the "baby being thrown out with the bathwater." If stocks fall 38% because a silver bubble popped, it’s a gift—it means you are buying productive businesses at a massive discount for reasons that have nothing to do with the companies themselves.

The idea is not to put down silver or any other commodity. The idea is to make fellow investors understand the difference between investing/speculating in a commodity and investing in a stock portfolio.

[Prakash Diwan @P_diwan]

@Sushil9050 Yes, all well, thank you! Have taken a break from TV🙂

[Prakash Diwan @P_diwan]

@niteen_india @AnupamPKher So thoughtful of you Niteenbhai! 🙏

[Prakash Diwan @P_diwan]

@drfarukkp Great to see a visionary leader like you walk the talk by supporting an initiative that is far more altruistic than just another commercial development!

[Prakash Diwan @P_diwan]

@Peri_ScopeX Bravo! Excitedly waiting to read your work on this!👍

[Prakash Diwan @P_diwan]

@CASandeepD69998 🙏

[Prakash Diwan @P_diwan]

@CASandeepD69998 👏

[Jiten Parmar @jitenkparmar]

Silver falls 38%.

So, whats the big deal ? Don't stocks fall 38% ?

Yes. Individual stocks can fall 38%. Even more. But your stock portfolio to fall 38% in one day is an extremely extremely rare phenomenon (unless you are an extremely concentrated 1-3 stock pf investor).

There are fundamental differences in comparing a commodity like Silver and Stock portfolios.

1. Productive vs. Non-Productive Assets
​The most vital distinction is that a stock is a piece of a business that works for you, while silver is a non-productive metal.

​Equities: When you buy a stock, you own a share of a company’s earnings, innovation, and cash flow. Even if the price falls, a strong company continues to sell products, generate profits, and pay dividends.

​Silver: Silver has no "earnings." Its price is driven purely by supply, industrial demand, and speculation. It doesn't grow; it only reacts to the market's mood.
​
2. Valuation vs. Sentiment
​Stocks have "Floors": If a profitable company’s stock falls too far, its dividend yield becomes so attractive, or its price-to-earnings (P/E) ratio so low, that rational investors (and the company itself through buybacks) step in to buy. This creates a fundamental floor.

​Silver is Sentiment-Driven: Because silver doesn't produce cash, it has no "yield". If the speculative bubble bursts—as seen recently where silver surged vertically before crashing—there is no internal engine to stop the slide until a new buyer is found.

​3. The Nature of the "Crash"
​A 38% fall in silver often follows a "parabolic" move (a near-vertical price jump). Historically, silver is far more volatile than the broad stock market.

​Historical Context: Silver is known for "speculative exhaustion." When silver outperforms gold with high velocity, it often signals a bubble.

​Stock Market Resilience: While the Nifty 50 Sensex or BSE 500 can certainly fall 38% (as they did in the past), these are usually triggered by global economic halts, not just "profit-taking" after a speculative run. More importantly, stocks and carefully constructed portfolios have a 100% historical track record of recovering to new highs because the global economy continues to expand.

​4. Forced Liquidation
​In extreme market events, everything can fall together.

​The Liquidity Trap: Sometimes stocks do fall because of silver (or vice versa). If a large fund loses money on silver, they may be forced to sell their "good" assets (their stocks) to cover their losses.

​The Opportunity: For an equity investor, this is the "baby being thrown out with the bathwater." If stocks fall 38% because a silver bubble popped, it’s a gift—it means you are buying productive businesses at a massive discount for reasons that have nothing to do with the companies themselves.

The idea is not to put down silver or any other commodity. The idea is to make fellow investors understand the difference between investing/speculating in a commodity and investing in a stock portfolio.

[Prakash Diwan @P_diwan]

Well said!!

[Anand Shah @Anand_shah07]

Relationship with money changes the most when you live close to capital markets.
Because markets show you something most people never experience up close: money can be made and lost fast, and sometimes in sizes that don’t match the effort put in. That speed rewires your sense of what money even means. What once carried weight begins to feel like a number that moves.
The danger isn’t just greed. It’s casualness.
When money starts arriving without a visible story of labor behind it, it can lose its moral gravity. You stop treating it like stored time, and start treating it like a scoreboard. A few good trades can make you feel invincible. A few bad ones can make you feel like nothing is real. Either way, the mind stops respecting money as a consequence.
And when money loses gravitas, so does risk.
You start taking bets you wouldn’t have taken when money still felt heavy. You spend faster. You recover slower. You begin living like the next opportunity will always be there.
Markets don’t just test your strategy. They test your relationship with value.

[Prakash Diwan @P_diwan]

@pushkargoe39660 Yes, Pushkarji, I am fine! Thank you for the kind words 🙏

[Prakash Diwan @P_diwan]

Brilliantly put!👌...impact on markets will therefore be long range, far-reaching and meaningful unlike the expectations that were building up!

[Puneet Khurana @PuneetK009]

Macro thought:

This isn’t just rate-tweaking—it’s formalization + middle-class empowerment + capital deepening.

A fiscal hit upfront, but designed to kickstart India’s consumption flywheel.

[Prakash Diwan @P_diwan]

@singhpdeep131 Aapko bhi Pradeepji Diwali ki dhero shubhkamnaye 🙌

[Prakash Diwan @P_diwan]

@Masterji_UPWale So well captured! ....the feeling of homecoming is indeed special on Diwali!

[Prakash Diwan @P_diwan]

@VaibhavSisinty Reach out to @outofofficedaku... You'll get the most suitable solution to your problem!

[Prakash Diwan @P_diwan]

Completely with you on this Jitubhai!
Thanks for sharing this pic - it's one for my personal archives. Thank you @cautkarshpandey @cavipulmakwana @MashraniVivek @ishmohit1 for the superb experience 🙏

[Jiten Parmar @jitenkparmar]

Really well organized event. So good to interact with fellow investors and friends. I cherish these interactions and did not want to miss out on these events. Joined 1 day late, as I flew directly from abroad to Goa. Was tired but did not want to miss the event.

@ias_summit

Thanks and three cheers for the organizer's.
@cautkarshpandey
@cavipulmakwana
@ishmohit1
@MashraniVivek