Don't be bearish on Private banks.
Whatever happened today is a blip.
Application of AI will be a gamechanger for this segment in the coming few quarters.
Entire BFSI Segment will be the biggest beneficiary of AI.
P.S. - Can be wrong guys. Do your own research.
Investing & long term Trading is perhaps the only profession where you get sharper with age.
Experience, years of loss making cycles, moments of brilliance in between come together to make you wiser over time.
It’s one of the most beautiful things you’ll experience in your life.
The best news that sells today is Negativity.
Keep this in mind before you write off a Company, Sector or a Country.
Good news and good prices don’t come together.
The easiest way to ride Trends is to switch off your mind from markets post 330 pm.
There’s nothing you can do till next day 915 am.
Stay away from Gift Nifty and everyone who tweets about it. It’s the most useless data point ever.
Same applies for weekends. Stay away from friends who discuss about markets.
Just you, your charts and your process.
Implement this for 30 days and you’ll see a massive difference.
Some fund managers who underperformed Index massively have taken this route to defend their abysmal performance,
1. Global diversification- couple of years back, they were taking crores of rupees selling Indian story.
2. Govt and Regulators- Defending their below par performance by subtly shifting the blame on the above.
Market regulator should probe such managers. They have costed their investors a lot by selling them dreams.
And now, selling new dreams by shifting the blame and their narrative.
Zero accountability. No shame. Sell dreams. Take fees.
Take control of your money. Exchange and regulators have now introduced so many ETFs.
This kid @Vaibhavsooryava has to be in World Cup and a permanent fixture.
Even if this means asking couple of legends to retire.
This kid is beyond extraordinary.
@Beyond_Gudness At Human Level - Critical thinking, Communication, Ability to make decisions when data is thin, Emotional intelligence and Leadership.
AI Proficiency - Prompt Eng & AI Workflow design, Data Literacy, Domain specific AI expertise.
If you are in your 20's and 30's,
The question isn't "Will AI take my job." The question is "Will a person using AI take my job."
If you understand this, you will make the necessary changes in your career at this stage.
Upgrade your skills. This is the only way to be secure.
Kospi Index is up 240% in 24 Months.
90% in 5 Months.
Driven by just handful of Companies and One theme.
You know what is coming next.
Can take a little more time, but the day of reckoning is not far.
Investors & Traders who have a Growth mindset, never argue about Petty things.
They just walk away.
No confrontation. No drama. No explanation.
They are too busy nurturing their mind.
Always looking for the next opportunity.
If you believe in the U.S. Growth story, invest in the U.S.
If you believe in the Indian Growth story, invest in India.
Without Conviction, you will sell prematurely and will get shaken out at every instance.
Research equals Conviction & Conviction equals Returns.
So many stocks have rallied 50-100% since March last week.
Yet you see so many Influencers asking Indians to invest abroad.
Focus on our stocks. Massive opportunities in the broader market.
Especially in the Newly listed space.
Have repeated this point so many times in Videos when correction was going on.
You’ll never understand any other market as well as you understand Indian markets.
Believe in yourself. Believe in your ability to understand simple businesses you use on day to day basis.
The magic 'Weight loss' drug is about to hit India in big numbers.
This is being pushed by so many Influencers who give a damn about your health.
Be careful. Discuss with your Doctor before taking such Meds.
Read the research on it. Long term loss vs Short term gain.