Samkit Jain

If you have facts, let's take a look. But if all you have is opinion then I'll prefer mine.

[THE SKIN DOCTOR @theskindoctor13]

Deepawali is the largest, and perhaps the only, pan-India festival that truly brings people back home, as those away from family make their way to native towns.

It deserves a full week of national holidays. If needed, revoke holidays like Gandhi Jayanti and few more, that don’t resonate with the masses and give Deepawali the recognition it deserves.

Other countries set a precedent too, with long holidays for festivals like Chinese New Year, Christmas in West, and Japan’s Golden Week.

[THE SKIN DOCTOR @theskindoctor13]

The MP govt has raised reservation in direct recruitment to 73%. The remaining 27% isn’t earmarked for general category, it’s open to all.

The matter went to the SC, where the MP govt, in its affidavit, made arguments like these:

The Varna system deprived 80% Bahujan Shudras of rights and exploited them for centuries.

This system, reinforced by ideas of God’s will, rebirth, and fatalism, left Shudras so crippled that they could not even imagine resisting injustice.

Ram killed Rishi Shambuk for daring to perform jap-tap despite being a Shudra.

Dronacharya denied Eklavya because he was a Bhil.

All of this can be disproven with even a little scrutiny, yet it’s shocking to hear such statements from a BJP govt. One would expect them to bridge divides and unite Hindus, this does the exact opposite. And if BJP truly wants to follow this path, why stop short? Why not reserve 100% for Bahujans? Why not close the doors entirely to the general category and be done with it for once and all?

[Samkit Jain @samkitjain552]

@RichardMoglen @Qullamaggie

[THE SKIN DOCTOR @theskindoctor13]

India lacks a functioning concept of conflict of interest in governance.

The father is pushing ethanol blending as aggressive national policy, while the son’s company reaps extraordinary profits after entering the ethanol sector.

In any mature democracy, the father would have stepped down the moment his son joined a business tied to his ministry, to simply avoid the appearance of impropriety.

Even if both are entirely honest, the optics are damning. Yet there is no uproar: the opposition stays silent since their own leaders’ companies benefit from the ethanol boom, and ordinary citizens who raise questions can simply be dismissed as oil-lobby trolls. A sad state of affairs!

[Samkit Jain @samkitjain552]

Whereas someone with 100% funds in so-called medium risk securities has a chance of total ruin (total capital loss)due to miscalculation of risk...(3/n)

Taken from Antifagile

[Samkit Jain @samkitjain552]

The barbell strategy: The combination of extremes kept seperate with avoidance of middle. That is extreme risk aversion on one side and risk loving on the other....(1/n)

[Samkit Jain @samkitjain552]

Take for example finance. If you put 90% of your funds in boring cash (assuming inflation protected) and 10% in highly risky securities, you cannot lose more than 10%, but the upside potential is massive....(2/n)

[Samkit Jain @samkitjain552]

Considering information from news papers as news is a terribly wrong idea. How can there be same amount of news everyday. Exact 12 pages... Somedays it is supposed to be half page too.... Reason I don't read news papers.

[Samkit Jain @samkitjain552]

@pvsubramanyam Don't you think it's possible sir? Keeping in mind that fed is printing more money than ever without gold backing. And if the rumours of China having more than 20,000 tons of gold is true, it may back yuan to better position it against dollar.

[Muthukrishnan Dhandapani @dmuthuk]

Authorise private lab chains like Metropolis, Lal Pathlabs to conduct Coronavirus test for a fee. People who can afford and needs to be checked can avoid overloading government labs. The more people gets tested, it is better for the country.

@narendramodi @drharshvardhan

[Muthukrishnan Dhandapani @dmuthuk]

Look for stocks which not only create wealth but retain it as well. Not all of us are capable of timing entry and exit.

At one point, it was pointed out Yes & IndusInd created more wealth than HDFC Bank. True. But the difference is wealth is retained in HDFC & not the other two.