Shaakh ka Ullu

Pseudo Intellectual

[Shaakh ka Ullu @SlowLazyEye]

The erosion of promise to universal education and access for the poorest children comes through most clearly.

Consolidation is an exercise in resource optimization perhaps but several children simply stop going to school when the nearest one shuts. SC, ST, EWS worst hit. #NITI

[The Hindu @the_hindu]

A recent NITI Aayog report said some 94,000 government schools were closed over the past decade, an average of 25 a day, contributing to a 2.26 crore decline in government school enrolment. The government schools’ share of total enrolment has fallen from 71% in 2005 to 49.24% in 2024-25.

✍️ G. Ramakrishnan

https://t.co/nIXSoWuJkN

[Shaakh ka Ullu @SlowLazyEye]

When irony and oxymoron work together.

[Press Trust of India @PTI_News]

We will thrash anyone who tries to disrupt our peaceful protest in Mumbai on July 26: Raj Thackeray.

[Belgian Red Devils @BelRedDevils]

Overturn this. 🧏‍♂️ #USABEL

[Shaakh ka Ullu @SlowLazyEye]

@shoeburts @dimitrisp997 @Osint613 @grok My grandma was hit by a bike crossing the street and broke her left leg . That same day, 500 kms away, my grandpa fell from a roof and broke his right leg. Two accidents, two legs, one date. Surely the universe was conspiring. There has to be a correlation… right? #earthquake

[Shaakh ka Ullu @SlowLazyEye]

@distressedmush Fixed hurdles do look inadequate when BB credit yields alone can clear them.
Do think investors may still prefer the simplicity of fixed hurdles, managers benefiting from rate cycles notwithstanding.

[Shaakh ka Ullu @SlowLazyEye]

To quote Rahat Indori

Lagegi aag to aayenge jad mein aur bhi ghar,

is gali mein sirf hamara makaan thodi hai

[NDTV @ndtv]

"Entire Iran Can Be Taken Out In One Night": Trump's Warning Before Deadline

Watch this report

[Shaakh ka Ullu @SlowLazyEye]

@Mktrhythms @puckrin Interesting you mention sparse liquidity in peripherals but I haven't seen more data or reports around it. What are you tracking?

[Saira @AiWithSaira]

MY FRIEND IS STILL PAYING FOR GMAIL STORAGE.

I told him to do this before.
He went from 14.9/15 GB to 6 GB in a single afternoon.

Hope this helps you ↓

[Shaakh ka Ullu @SlowLazyEye]

.@TheIvanKrastev on @weeklyshowpod sharing philosophy masked as satire.

"I always believe that, if he was in a movie production, he was never going to produce films, just trailers"

[Icona @iconawrites]

People think I do all the cooking for myself and my husband because I have some trad belief that men don’t belong in the kitchen. The truth is that I am Italian and my husband is English, and I do not believe any English person of any gender belongs in my kitchen.

[Shaakh ka Ullu @SlowLazyEye]

https://t.co/idczQwdQdK

“We suspect some firms are trying to dress up layoffs as a good news story rather than bad news, such as past over-hiring.”

[Shaakh ka Ullu @SlowLazyEye]

@maan_kabir @RailMinIndia @RailwaySeva Is this train really diverted to last station? No more halts after Mathura?

[Shaakh ka Ullu @SlowLazyEye]

New Yorkers will never cease to amaze ya

[Ben Max @TweetBenMax]

It appears almost certain that @ZohranKMamdani will be the Democratic nominee for Mayor of New York City. via NYT:

[Shaakh ka Ullu @SlowLazyEye]

Welcome to the elite club.

@whufc did it first

[Chelsea FC @ChelseaFC]

EUROPEAN WINNERS!!! 🏆

[Callum Thomas @Callum_Thomas]

oh, this reminds me a draft note I never got around to posting (unintended risks of herding into private credit)

Picture this:
-an imaginary $100m balanced fund has a 10% allocation to private credit
-a market crash happens, portfolio falls to $50m, your allocation just went up to 20% (no daily mark to market)
-market crash triggers redemptions (need + fear), investors pull $20m, your allocation is now 33%

2 things
1. if you have mechanical rebalancing rules (investment policies/governance), you're a forced seller of private credit -- and possibly at the worst time
2. would you be comfortable running more than 3x the initial allocation to private credit?

And the third thing... this is just one hypothetical portfolio, imagine this is everyone

All of a sudden, after enjoying years of insto allocators herding into private credit to get stable high returns, private credit managers start receiving massive redemption requests -- this CLOSES the private credit market (no more inflows = no more cash to lend, that would be awkward for short-term private credit e.g. working capital, receivables/factoring, etc... and it would compound any broader credit tightening and economic downdrafts). Meanwhile, what do you do if you're a private credit manager facing redemption requests that are greater than your liquid/cash holdings and coupon/maturity flows? By definition you can't sell... and if you can find a buyer, it's going to be with a massive haircut

All of a sudden that holy grail asset that's supposed to be churning out high interest income and dampen perceived portfolio volatility has turned to liquidity hell

Tail risk for sure, but the more herding into private credit we see, the more likely it becomes, and the more time that passes, the greater risk that an eventual unthinkable turn of events make their way into the timeline

Not a reason to not allocate to it, but a scenario that needs to be pondered, acknowledged, and factored in.

[Shaakh ka Ullu @SlowLazyEye]

Apropos the quote from The Newsroom "Anchors having an opinion isn't a new phenomenon."
Doing it to milk sentiment for personal and professional gains should be abhorrent

[Mohit Chauhan @mohitlaws]

INDIA DESERVES A SENSIBLE MEDIA.

[Shaakh ka Ullu @SlowLazyEye]

In unrelated news, the Emporium may now have a slightly tainted couch for sale

[Hindustan Times @htTweets]

A box of Darjeeling tea, a tie, a kurta, a papier-mâché Ashokan pillar artefact, and honey from Jammu and Kashmir were among the things that US vice-president JD Vance and his family bought from the Central Cottage Industries Emporium in Delhi on Monday, officials at the Emporium said.

Read full story : https://t.co/Jnqo1AOrpq

(✍️@HemaniBhandari)

[Shaakh ka Ullu @SlowLazyEye]

Aren't there over a billion Catholics?

[JD Vance @JDVance]

I just learned of the passing of Pope Francis. My heart goes out to the millions of Christians all over the world who loved him.

I was happy to see him yesterday, though he was obviously very ill. But I’ll always remember him for the below homily he gave in the very early days of COVID. It was really quite beautiful.

May God rest his soul.

https://t.co/Tnrc3n7a69

[Shaakh ka Ullu @SlowLazyEye]

That probably is Nistelroy's answer to the question "Why the long face?"

[OptaJoe @OptaJoe]

9 - Leicester have become the first team in top-flight history to go nine consecutive home league games without scoring. Shy.

[Shaakh ka Ullu @SlowLazyEye]

"India now has over
900 channels, thousands of news-
papers, over 860 radio channels, 60
video streaming apps, and a dozen
music ones. There is an overwhelm-
ing amount of content and media
choices. Yet we rarely have common
experiences."

[Business Standard @bsindia]

#Opinion | Digital fault lines, real consequences

Stephen Graham’s #Adolescence offers more than a gripping narrative—it mirrors a world fractured by algorithm-fed echo chambers. @vanitakohlik draws a poignant link between our shrinking shared realities and the quiet erosion of collective experience in the digital age.

https://t.co/uhUTuiX0zj