✍️State of Fixed Income securities in India
✍️India versus US fixed income
✍️Understand global macro & RBI response
✍️Credit risk fund and Global debt funds
✍️Asset allocation and risk management
✍️Origins of weekendinvesting.com
✍️Experiment with various styles
✍️Exit principle on positions
✍️Psychology and investing
✍️Managing drawdowns
✍️On journaling trades and investments
Link:
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Ep. 6
Guest: @Gautam__Baid (Fund Manager, Author - 'The Joys of Compounding')
✍️Journey from Kolkata to US
✍️Dealing with 1300+ job rejections
✍️Overrated & underrated aspects of investing
✍️The joys of Compounding
✍️Mistakes and learnings
✍️Indian startup ecosystem & future outlook
✍️Will startups be able to monetize
✍️Getting funded by Mr. Ratan Tata
✍️Story being an early investor in Flipkart
✍️Learnings from failed companies
Link:
6/n
Ep. 3
Guest: Vaibhav Sanghavi (@managingmoney); Co-CEO, Avendus's Hedge Fund (largest in India)
✍️Introduction to Hedge Funds
✍️How to react to volatility
✍️Models for tracking funds
✍️Chess & investing
✍️ESG Investing
✍️Rise of retail investing
Link:
7/n
✍️Deep thinking and Investment philosophy
✍️On Psychology of Money
✍️Risk management and elimination
✍️On investing in Gold
✍️Views on career building
✍️On ethics
✍️On lifelong learning
Link:
8/n
Ep. 1 @singhalrajk and Sandeep Baid (Co-founders, Multipie) - The start
✍️ 20+ year of investment journey across fixed income & equity asset classes
✍️Learnings from multiple market cycles
✍️Discussion on Intelligent Investor by Benjamin Graham
Link:
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10/n
To listen on key platforms such as Spotify and others, check and subscribe at: podcast.multipie.co for updates.
“Bitcoin” – almost everyone has an opinion on it! Bitcoin, along with other coins in Crypto Land, have seen a steep correction in last few days.
Let's use this fall to simplify and de-jargonize the complicated world of Bitcoin.
Thread 🧵
𝐎𝐫𝐢𝐠𝐢𝐧𝐬: Bitcoin was born in chaos, in the aftermath of 2008 financial crisis – banks collapsing, counter parties abetting on contracts and declining trust in Central banks. It was designed as a peer to peer decentralized monetary system devoid of intermediaries.
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The domain Bitcoin.org was registered in Aug 2008 and the Bitcoin paper (bitcoin.org/bitcoin.pdf) was published on Oct 31, 2008. This started the journey of Cryptocurrency.
It's a new week and a pleasant rainy morning here in Mumbai!
Grab some tea/ coffee as we share some snippets and readings from the week gone by that we found interesting. #MultipieWeekly 1/n
1. Interesting slide from CRISIL that depicts the trend of raw material cost inflation across industries and their ability to pass on the cost to end user (pricing power).
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2. General and health insurance companies are seeing a major spike in Insurance claims as a result of larger than anticipated second wave.
Source: Business Standard
𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐞𝐱𝐭𝐫𝐚𝐜𝐭𝐬: In this thread, we will highlight select extracts from company presentations that we found interesting.
PS: None of it is an investment advice. #Q4withMultipie
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1. L&T Infotech: Between 2019 and 2021, LTI has deepened its' capabilities and offerings into top tier of partners across key platforms such as AWS, Google Cloud, IBM, Services Now and Snowflake. #Q4withMultipie
2. Supreme Industries: Supreme has market leadership (or among Top 3) in each of its segments - Plastic piping, furniture, packaging and industrial products.
Both P&L and Balance sheet look stronger at FY21 end as highlighted. #Q4withMultipie
It's a new week!
Here are are some snippets and readings from the week gone by that we found interesting.
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There is a debate brewing up whether the current Steel rally is structural or cyclical. The mgmt of Tata Steel says this is not just cyclical (source: Q4 earnings call).
Munger has a word to say about Cyclicals.
Meanwhile Iron Ore Futures are up 10% today. What do you think? 2/n
As the second wave ravages the economy, Ministry of Finance has sounded off industry about downside risks to growth. But the market is unrelenting.
PS: Cases in Tier 1 cities are showing some respite.