harry

Creating in the lifestyle space. Thinking across borders, markets, and power plays.

[harry @yocoleharry]

@riteshmjn $12 trillion in a $3 trillion GDP… am I missing something? 🤔 Or is the tweet referring to a period of time that I’m missing?

[harry @yocoleharry]

@jasveer10 Conditioned and wired to operate in scarcity, you can’t blame the race or the nation. Change the system, conditioned to operate in abundance, and you will see the wiring change over a period of time..

[harry @yocoleharry]

@Moneylifers India, as a region, is largely a market for market testing, data enrichment, and consumption. While the rest of the world invests in R&D, they increasingly will need what we provide.😇

[harry @yocoleharry]

Corporates ( the very large ) are left to being Inward facing vs being pushed to be outward facing - plus pampered with free land , subsidies, cheap capital or other freebies .. vis a vis in our neighbouring country , as an example check the EV eco system they built , even the large ones are not allowed to rest on their laurels even after having captured the world

[harry @yocoleharry]

create an export-conducive business environment, then build export worthy products. The labour arbitrage era is over, in both manufacturing and services. China benefited from one , India from the other. China kept stepping up along the way; India has yet to truly begin, and the chasm keeps widening. Smaller, less populous nations may now be better advantaged, similar to how now leaner companies with fewer people . The rules of 1970, 1990, 2000and even 2020 no longer apply…Likewise,Commentators and analysts need to step up going beyond presenting rudimentary gyaan

[harry @yocoleharry]

@Codie_Sanchez Communism ‘wants to’ keep you incapable and unable, through a system designed to disable you and act as a demand center that keeps you dependent on the system, thereby creating a self-fulfilling mechanism…

[harry @yocoleharry]

100 is just a number provided ..fundamentally, policy response is on addressing the underlying factors , that is beyond the domain of RBI, rather than controlling the number itself ..

My two bits on the ongoing discussions/debates around oil, rupee depreciation, and inflation…

Oil is one of the indirect raw materials that goes into almost every product and/or service manufactured or produced. oil is globally priced and traded predominantly in U.S. dollars.Expensive oil has a direct impact on inflation in a free-market pricing system, especially in economies or regions where oil is priced at market rates.

If prices are supported or controlled, as in the case of India, the inflationary impact of rising oil prices can be contained by not fully passing on the price hike, provided there is a surplus inflow of dollars through exports and/or capital flows.

A depreciating rupee is not necessarily bad, provided the depreciation leads to an increase in exports. If it does not, then you are in a situation where a depreciated rupee is chasing a dollar to buy increasingly expensive oil, thereby doubling the probability of losing the ability to control oil prices and the inflation that follows.

The crux of the matter, for any nation, is to build a system that creates a surplus of dollars, or of any other currency that may become the reserve currency in the future. The best-case scenarios are:

(a) Exports alone.

(b) A combination of exports and capital flows, primarily FDI into brownfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(c) A combination of exports and capital flows, primarily FDI into both brownfield and greenfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(d) A stronger version of the above, where exports, brownfield and greenfield FDI, and stable long-term capital formation collectively reduce dependence on volatile external flows while maintaining domestic control.

(e) The last option- exports combined mainly with floating capital flowing into listed stock

[harry @yocoleharry]

My two bits on the ongoing discussions/debates around oil, rupee depreciation, and inflation…

Oil is one of the indirect raw materials that goes into almost every product and/or service manufactured or produced. oil is globally priced and traded predominantly in U.S. dollars.Expensive oil has a direct impact on inflation in a free-market pricing system, especially in economies or regions where oil is priced at market rates.

If prices are supported or controlled, as in the case of India, the inflationary impact of rising oil prices can be contained by not fully passing on the price hike, provided there is a surplus inflow of dollars through exports and/or capital flows.

A depreciating rupee is not necessarily bad, provided the depreciation leads to an increase in exports. If it does not, then you are in a situation where a depreciated rupee is chasing a dollar to buy increasingly expensive oil, thereby doubling the probability of losing the ability to control oil prices and the inflation that follows.

The crux of the matter, for any nation, is to build a system that creates a surplus of dollars, or of any other currency that may become the reserve currency in the future. The best-case scenarios are:

(a) Exports alone.

(b) A combination of exports and capital flows, primarily FDI into brownfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(c) A combination of exports and capital flows, primarily FDI into both brownfield and greenfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(d) A stronger version of the above, where exports, brownfield and greenfield FDI, and stable long-term capital formation collectively reduce dependence on volatile external flows while maintaining domestic control.

(e) The last option- exports combined mainly with floating capital flowing into listed stock

[harry @yocoleharry]

My two bits on the ongoing discussions/debates around oil, rupee depreciation, and inflation,
-oversimplified for easier understanding across the board.

Oil is one of the indirect raw materials that goes into almost every product and/or service manufactured or produced. oil is globally priced and traded predominantly in U.S. dollars.Expensive oil has a direct impact on inflation in a free-market pricing system, especially in economies or regions where oil is priced at market rates.

If prices are supported or controlled, as in the case of India, the inflationary impact of rising oil prices can be contained by not fully passing on the price hike, provided there is a surplus inflow of dollars through exports and/or capital flows.

A depreciating rupee is not necessarily bad, provided the depreciation leads to an increase in exports. If it does not, then you are in a situation where a depreciated rupee is chasing a dollar to buy increasingly expensive oil, thereby doubling the probability of losing the ability to control oil prices and the inflation that follows.

The crux of the matter, for any nation, is to build a system that creates a surplus of dollars, or of any other currency that may become the reserve currency in the future. The best-case scenarios are -

(a) Exports alone.

(b) A combination of exports and capital flows, primarily FDI into brownfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(c) A combination of exports and capital flows, primarily FDI into both brownfield and greenfield projects with controlling stakes maintained domestically, along with floating capital flowing into listed stocks.

(d) A stronger version of the above, where exports, brownfield and greenfield FDI, and stable long-term capital formation collectively reduce dependence on volatile external flows while maintaining domestic control.

(e) The last option- exports combined mainly with floating capital flowing into listed stock

[harry @yocoleharry]

@danprimack @sama @elonmusk In spite of the entire proceedings taking place with both sides involved, the verdict was given on a technicality ..which is not beating it, but hiding under shelter.

[harry @yocoleharry]

@MarioNawfal It does not make sense. The technicality could have been decided at the time of admission of the case, unless it was subjective. Even then, it could have been addressed before involving both sides in actual proceedings.

[harry @yocoleharry]

@Elonogy1 @elonmusk Edge cases can only arise if the law pertaining to limitation is subjective. Even in such cases, the issue should be determined prior to any factual hearing involving the participation of all stakeholders from both sides.

[harry @yocoleharry]

@elonmusk And curtail aspirational consumption, maintaining scarcity only in relation to non-aspirational items essential for basic survival.

[harry @yocoleharry]

Pre-IPO PE/VC investments (the 5X–500X ones) enter as FDI (or FVCI under FDI framework) ,unlisted stakes with long-term intent.
Even after IPO (OFS or secondary sales), those exits are recorded as FDI disinvestments under RBI data, not pure FPI flows. No automatic shift to portfolio just because shares list…

[harry @yocoleharry]

@elonmusk The truth is, he is an important part of the creator ecosystem. He either makes himself win, or has to make himself win … in the process or as an outcome, civilization wins anyway.

[harry @yocoleharry]

@R44D @zackbshapiro How about attributing the premium to speed of delivery?😇

[harry @yocoleharry]

@1shankarsharma @kushkatakia Back then if it was presented it would be Akash Vaani (a divine broadcast).
Currently presented as Akash Waning 🙃

[harry @yocoleharry]

@chamath @nick_vladkis @troyhouse In a crisis, ‘I’m not God’ is defensible. ‘I’m the devil’ is just self-inflicted damage.

[harry @yocoleharry]

@dougboneparth Blaming Chamath alone is lazy. Everyone is responsible for their own actions, him for his, investors for theirs.