Karthikeyan

1997 | Nothing to describe

[Karthikeyan @sptplantation]

@KeyboardVeeran Yaaru bro nee, ella matter um pichu pichu vaikara. Where do you even learn about these?

[Karthikeyan @sptplantation]

@gladiator_111 @R_N_Vaghani Physical cash gives them freedom. Digital transactions make them dependent on others. Further, why do you think electoral bonds were even introduced? It is Cashless corruption. How will you stop that?

[Karthikeyan @sptplantation]

@gladiator_111 @R_N_Vaghani An ordinary women in her 60s or 70s residing in the most backward village needs cash to meet her daily needs. Clearly you have not been to rural banks where many men and women in their 60s and 70s queuing up and asking the staffs to help them withdraw their own hard-earned money.

[Karthikeyan @sptplantation]

@gladiator_111 @R_N_Vaghani When did transacting in legal tender become wrong?

[Karthikeyan @sptplantation]

@RANGERRAW40 @KeyboardVeeran Nammaloda actual tax amount vida athigama TDS pidichirunthangana, antha extra amount ah namma refund claim panikalam. IT return process aayiruchuna, namma bank accountuku credit aayirum.

[Karthikeyan @sptplantation]

@rohitcca @PiyushJ_pj @taxologyin My mistake

[Karthikeyan @sptplantation]

@PiyushJ_pj @taxologyin In that case, value of property as on 01.04.2000 shall be taken as cost of acquisition. Period of holding shall also be calculated from the year 2000 shall be considered. Anything before year 2000 shall be ignored.

[Karthikeyan @sptplantation]

@_LAVSSS_ Good Moaning

[Karthikeyan @sptplantation]

@YoungByheart Too beautiful 😍 🤩

[Karthikeyan @sptplantation]

@thekaipullai Good one.

[Karthikeyan @sptplantation]

@praddy06 Sir, is there any chance of rain in Namakkal district esp Kollihills region?

[Karthikeyan @sptplantation]

@whtsmytweet @svbadri 😂😂

[Karthikeyan @sptplantation]

@adityagarg217 Reservation was not about economic upliftment. It is social upliftment.

[Karthikeyan @sptplantation]

@SabariR20926517 @praddy06 Then it's game over. Especially for Areca nut farms.

[Orion @0xOrionVega]

In July 1999, Warren Buffett stood in front of 200 tech billionaires at the Sun Valley conference and told them their industry was in a bubble that would collapse.

He gave a 60-minute presentation with charts. He said the entire tech sector could not deliver the returns its valuations required. The billionaires laughed at him. Eight months later, Nasdaq peaked. Over the next two years, $5 trillion in tech market cap evaporated. Buffett had not owned a single stock in the room that day.

In July 2001, six months after the crash bottomed, Buffett gave a follow-up lecture at the University of Georgia. He was 70 years old. He did not gloat. He explained, patiently, in language a first-year MBA could follow, exactly why he had refused to buy the stocks that had just cost the market $5 trillion.

His argument fits in three words. Circle of competence. You buy what you understand. You do not buy what you do not understand. It does not matter how much money everyone else is making. It does not matter that you look outdated. If you cannot explain in plain English what a business does and how it makes money in ten years, you do not buy it.

He was asked whether he regretted missing Microsoft. He said no. He said Bill Gates was a friend but he could not tell you in 2001 what Microsoft would look like in 2011. He could tell you what Coca-Cola would look like in 2011. He owned Coca-Cola.

The lecture is not really about tech stocks. It is about a specific philosophy of decision-making. Do not act outside what you can predict. The people who followed this rule in 1999 looked old-fashioned in 2000. They looked brilliant in 2001. They looked like millionaires in 2011.

"Rule number one: never lose money. Rule number two: don't forget rule number one."

Buffett does not try to catch every wave. He tries to survive every crash. His method has not changed in 60 years. His return record is not built on being clever. It is built on refusing to guess.

He was 70 when he gave this lecture. He is 95 now. He still runs Berkshire Hathaway. He still buys businesses he can explain in one sentence. If you had invested $10,000 with him in 1965, it would be worth over $500 million today.

The lesson: staying in your circle looks boring. It is boring. Boring is what a $500 million account looks like from the outside.

The lecture is free. The circle is yours to draw. Almost nobody draws it small enough.

[Karthikeyan @sptplantation]

@praddy06 Sir, is there any chance of rain in Namakkal district?

[Varsity @ZerodhaVarsity]

Tax filing for stock market traders is getting more specific.📝

For a long time, traders had to report trading income as part of general business income. But the last two years have been different.

New business codes and specific reporting fields for intraday and F&O trading have been introduced. (1/7)

[Love @deitycouples]

Old but gold

[தாண்டவம் @saivamtamil]

Unadulterated Tamils of Jaffna hollering to their ancient deity Kandhasamy to come out of his abode and bless them 🙏

My ears bleed hearing sanskrit blaring from loudspeakers in Tamilnadu temples.

#Nallur #Murukan