Sushant Hede

PhD Econ @ Rutgers | Former Economist @ CARERatings | Teaching |
Tweets primarily on economics and sports!

[Sushant Hede @sush_hede]

@econ_24by7 Congratulations 🎉

[Sushant Hede @sush_hede]

@PhalinShah Waiting for the same tweet at the end of set 3😁 actually even after the finals

[Sushant Hede @sush_hede]

@VaidehiTandel Congratulations Vaidehi🎉

[Sushant Hede @sush_hede]

@kumar_rithika Congratulations Ritika! 🎉

[Sushant Hede @sush_hede]

@MoharirAdvait @cafral_rbi Congratulations Advait!

[Sushant Hede @sush_hede]

@vivekbhambie Haan Bhai. Even I wanted MI. But also want LSG vs RCB for the Gambhir- Kohli entertainment😜. If RCB wins, will have that.

[Sushant Hede @sush_hede]

@Wimbledon @aparanjape @RafaelNadal @classy_maasi you can book tickets for all four GS in advance. 😜

[Ravisutanjani @Ravisutanjani]

Your Next Foreign Trip is Becoming Expensive

Government has Introduced 20% TCS on all Credit Card Transactions Internationally from July 1, 2023

All use cases covered 👇

Let me simplify this for you 🧵

[Maitreesh Ghatak @maitreesh]

My tribute to Robert Lucas, Jr in today's Hindustan Times @htTweets

@LSEEcon @STICERD_LSE @UChicago

[Neil Borate @ActusDei]

Today we ask a question, few have properly investigated. How do finfluencers make their money? On the face of it, brands pay them. In reality it is the public. How?

It's very simple really. Finfluencer makes video on finance, provides affiliate link to broker. Follower opens account with broker, starts trading. Broker gets commission and pays influencer. Cycle repeats. India’s largest broker, Zerodha pays them 10% of follower revenue. The problem with this? It creates incentives to keep you trading, whether you make money or not!

Often people get sucked in F&O trading - remember delivery trades are free at discount brokers. 89% lose money on such F&O trades, according to Sebi.

Another group of enthusiastic advertisers are crypto-related firms. Cryptocurrencies have sucked thousands of hapless Indian investors into various bubbles and scams. But that hasn’t stopped the money flowing to influencers and them advertising it. A third group of enthusiastic advertisers are unregulated firms offering risky financial products.

Apart from sponsorships, influencers make money from ‘educational courses’. There is a huge demand for financial education and the formal system has no solution. So influencers have stepped in. There are no quality checks. Compare this to other types of education. A certified medical college can teach you medicine, a law school can teach you law, but just about anyone can 'teach' you finance and trading.

Instead it is registered investment advisors and research analysts who come under an ever-increasing compliance burden. More on that, in tomorrow’s story. Today’s story was by @sashindnj , a great debut by our newest reporter. Please bookmark it. https://t.co/i58fB8T22U

[Sushant Hede @sush_hede]

@PhalinShah Why didn't they tell Dhoni to come out of retirement for one test? That would have made more sense 😜

[Sushant Hede @sush_hede]

@NatashaRSarin @dannyyagan @Arvindgaru

[Sushant Hede @sush_hede]

@vivekbhambie I like when you said entertaining. 😜😂

[Sushant Hede @sush_hede]

@shuklasach @anandmahindra @GoenkaPk @Prakashukla @rajesh664 @hsikka1 @MahindraRise Best of luck sir for your new endeavor! 👍

[Giuseppe Cavaliere @CavaliereGiu]

Hi #EconTwitter!

Looking for some #econometrics lecture notes?

You can find a lot of great stuff @ Herman Bierens' (@penn_state) website, covering undergrad, panel data, time series, semi-& nonparametric #econometrics!

Herman is an amazing econometrician, don't miss out!

[Sushant Hede @sush_hede]

@arnav_econ @NYUFASEcon I am doing well. Thanks for asking. Hope you are doing well too.

[Sushant Hede @sush_hede]

@EmilySilcock1 @HarvardEcon Congratulations! 🎉

[Sushant Hede @sush_hede]

@vivekbhambie @IPL Is this for KL Rahul or Shikhar Dhawan?😜