Amazing answer by Mr Awadhesh Singh, an ex student of IT-BHU (now IIT-BHU)..
When I was doing my B Tech, there was a Professor Das Talukedar who used to teach us ‘Mechanics’.
His lectures used to be very interesting since he had an interesting way to teach and explain the concepts..
One day, in the class, he asked the following questions,
1. What is ZERO? 2. What is INFINITY? 3. Can ZERO and INFINITY be same?
We all thought that we knew the answers and we replied as following..
ZERO means *nothing.*
INFINITY means *a number greater than any countable number.*
ZERO and INFINITY *are opposite and they can never be same.*
He countered us by first talking about infinity and asked,
‘How can there be any number which is greater than any countable number?’
We had no answer..
He then explained the concept of infinity in a very interesting way, which I remember even after more than 35 years..
He said that imagine that there is an illiterate shepherd who can count only upto 20.
Now, if the number of sheep he has less than 20 and you ask him how many sheep he has, he can tell you the precise number (like 3, 5 14 etc.).
However, if the number is more than 20, he is likely to say “TOO MANY”.
He then explained that in science infinity means ‘too many’ (and not uncountable) and in the same way zero means ‘too few’ (and not nothing)..
As an example, he said that if we take the diameter of the Earth as compared to distance between Earth and Sun, the diameter of earth can be said to be zero since it is too small.
However, when we compare the same diameter of earth with the size of a mustard,
diameter of earth can be said to be infinite..
Hence, he concluded that the same thing can be ZERO and INFINITE at the same time, depending on the context, or your matrix of comparison..
The relationship between richness and poverty is similar to the relationship between infinity and zero..
It all depends on the scale of comparison with your wants..
If your income is more than your wants, you are rich.
If your wants are more than your income, you are poor.
I consider myself rich because my wants are far less than my income.
I have become rich not so much by acquiring lots of money, but by progressively reducing my wants.
If you reduce your wants, you too can become rich at this very moment.
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Around 2011, the deodrant market in India was ruled by big players like HULs AXE, Park Avenue and Nivea.
But in just 2 years, an unknown new brand Fogg entered & disrupted the market becoming the number 1 player.
Alll this with a simple consumer insight
A thread on Fogg 🧵
1986 - Darshan Patel without any formal education in marketing started running his family business, Paras Pharmaceuticals.
He created some great consumer brands like Moov, Ring Guard, Set Wet,
Dermi Cool and Dcold all of which became household names in India
2010 - Reckitt Benkiser Group bought over Paras Pharma for 850 million $ from Mr. Patel.
Armed with this new capital, Mr Patel setup Vini Cosmetics and started searching for the next big idea
Around that time,
Do you know that lions only succeed in a quarter of their hunting attempts — which means they fail in 75% of their attempts and succeeds in only 25% of them.
Despite this small percentage shared by most predators,
they don't despair in their pursuit and hunting attempts.
The main reason for this is not because of hunger as some might think but it is the understanding of the “Law of Wasted Efforts” that have been instinctively built into animals, a law in which nature is governed.
Half of the eggs of fishes are eaten... half of the baby bears die before puberty... most of the world's rains fall in oceans... and most of the seeds of trees are eaten by birds.
Blending Candles (Bull) -
Any series of candlestick can be summarized in a blend to improve understanding of what a trend means. This is especially true when reversal seems to be underway, but chaotic price movement within the blended candlesticks obscures the signals.
Blending is usually used to describe summaries of several days into a single candle; it can also be applied to shorter trade intervals during one session to create a blended version of the trend.
this is one of few topics which i discussed in our TA batch. #banknifty
on similar not u will see a hammer in nifty also.
though there is no need of blend when other candlestick gives u strong reversal signal.
Blending should be used more in sideways market where prices moves in choppy range and erratic candles forms. #Nifty
"not a recommendation, please do your own market research" - this line itself is biggest dhoka, everyone post their desired and invested stock(no doubt they must be good companies) and non stop rant these r good these r good, ek baar bola sahi h har din har waqt,
Its like force selling or marketting.
Disclaimer chipkao and keep posting.
In 2014 - 2015 sunpharma was also awesome company to invest.
15 years back itc was also good company to invest, tata motor was also good once.
U cannot say with certainity which is going to be best or
Worst.
Stock market is profitable just for one simple reason - its unpredictable.
Treasure is not where eveyone eye is.
For retail - better be dumb rather than try to outperform.
No one in crash will come to rescue - the only statement which people can give is -
What will be impact on earnings of mid cap and small cap companies after sebi order?
Okay so few people will start judging without understanding why i asked? So i will ask webinar members to tell what i explained to them few min back on this sebi move..
Price in stock market moves basically due to two things
A) liquidity push
B) earning push
To make it more easy i will use this formulae which most of you are aware of -
Price of asset= pe*earnings.
So price can increase by either increase in pe or earnings.
Pe is nothing but
1 min - tik tok.
1 hour - youtube.
The bigger gambler = the less time frame u will use.
Smaller time frame reduces ur attention span.
U get anxious immediately in 4 5 or say 15 20 min if move doesnt come also a slight %ge fluctuation in small time frame looks big which again play
With pshychology of a trader.
Now come to scalping part - 1) how many scalper have u seen going big or have ever scaled up big in long run, i have seen no one. 2) its just like a bad habit which will never let u ride big moves even when trend is clear and one sided as you become