One of many reasons why I don’t like private equity.
1. You get stuck on liquidity
2. You don’t have access to info like public listed cos and funds often don’t share updates specially when going is not good
3. Those running the show exit and you wonder why they don’t find it lucrative
4. When there is any return, most funds force an evil to earn fee not leaving you options to continue
5. When stocks go down a sober note comes seeking a write off of cos that till yesterday were darlings
Many pvt equity funds will fail to give returns of yesteryears as almost all fund raising is at huge premium citing the ultimate 1 or 2 successes in the sector, ignoring all failures.
MI won trophies when Dhoni, Warner, Smith, and Gambhir were captains.
CSK won trophies when Gilchrist, Rohit, Gambhir, and Warner were captains.
RCB won trophies when Hardik, Ruturaj, Axar, Rahane, Parag, and Pant are captains.
They are just cashing in on the weakest era of the IPL.
Dear Sir,
please look into this FII activity since past 5 years. FIIs say that due to long term capital gains in Indian markets they allocate their funds in other markets. Outflow results in $ inr appreciation leading stress on fiscal deficit.@narendramodi@PMOIndia@nsitharaman
I have lived in Borivali for 45.5 years now and I have seen asphalt roads for nearly my whole life.
Even well made asphalt roads would get screwed up in two monsoons and develop potholes. The BMC would repair asphalt roads once in 4-5 years.
Under Uddhav Thackeray's control, BMC would concretize internal roads at a rate of 50 km per year. Once Uddhav lost control in 2022, the NDA govt which controlled BMC through the administrator decided to concretize around 700 km of internal roads.
For the first time, all roads in Chikuwadi, Shimpoli, Kastur Park area are now fully concretized with no potholes. Even a 15 year old concrete roads with cracks does not give a bumpy ride like potholed asphalt roads.