The problem statement for many people now reads
“Oh! Everybody has made a lot of money”.
The unspoken word.
“How did it become so easy to make money in stocks?”
The question never raised.
“When it looks too easy, should you really worry?
Is a market in high tide, really easy to play?
When money comes easily to you, what should you do then?
Does the quality of your portfolio worry you?
Or
Does it’s valuation worry you?

Which is a bigger bother?
Questions can lead to answers.
They always clear our head.
Only if we want them.
Do we?

• • •

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More from @shyamsek

4 Jul
This year's central road and infrastructure cess is expected to top Rs. 4.5l crore.

The Agri infra development cess will collect 50k crore.

We are taxing the present very heavily to invest for the future.

1/n
From 2018-19 to now, this allocation to Central road and infra fund has more than quadrupled. It was 90k cr in 2018-19.

#Cess has been the major National capex funder for our country.
2/n
The fuel cess was raised significantly in 2020 by reducing excise duty. This was one of our economic responses to the Covid crisis. Money was moved from divisible central pool to the infra fund.

This was aimed at force-spending on infra. Rapid Asset creation was the goal.
3/n
Read 8 tweets
5 Dec 20
This thread is on disruption in #Advisory . I am sharing my thoughts and beliefs. I lean on my experience as an advisor and professional. 1/n
Product Selling & #Advisory were jumbled up at the start of the decade. Neither #Advisors nor customers could clearly draw lines. Conflict of interest was high. But, we significantly reduced these in a decade. Now, the system looks set for its most investor centric phase. 2/n
How did this happen? The primary credit goes to our regulation. By removing entry loads in 2009, launching #RIA, forcing all trail revenue models in mutual funds and segregating product selling and #Advisory, #SEBI has achieved way beyond even what investors expected. 3/n
Read 10 tweets

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