A thread ;)

My mother cooks delicious food, just like everyone's mom

(Taste being a learned behavior)

So. Once when I was small kid, came back from hostel and late at night

I asked my mom to cook my favorite chilli paneer and fried rice among many things

She prepared it all and it was almost mid night and I was the only one there to eat food,

Like a hungry bear, I ate it all
And didn't say a word, was going to sleep,

My mom meekly asked me how was the food and if I liked it

I said it was "ok"

My mom gave me a lecture which I never forgot in life

She told me, whenever someone does something for u, never take it for granted, a little praise
Makes the other person very happy, after all "खुशामद तो खुदा को भी पसंद होती है"

She said, I am telling u as I am your mom, no one will take out time to tell u and u will never learn

Whnever u eat food, show gratitude to almighty and praise the cook, compliment one thing u like
It makes a world of a difference to the cook, be it ur mom or ur future wife or any chef in a restaurant.

After that day, for every meal I have always praised the cooking skills of anyone who cooked for me,

Be it my mom or mess hall cooks or my wife or any place I am visiting
Some people say that I exaggerate and say that they don't belive my praise.

But I see their Eagerness to cook new unique dishes just for me

Just for praise, my hostel mess cook used to cook special egg curry for me.

I quickly realized, people crave so much for praise
Being a quick learner, I expanded my scope of praise to other areas like something my colleagues has done exceptional.

In my office, I am known for writing appreciation mails and tagging all chain of command of the employee being praised.
On Twitter also u will see me Praising people all the time.

My praise might look exaggerated but its always genuine compliment.

It helped me make such amazing friends which was unthinkable for an introvert like me.

Its kind of God's gift
That most people hate to show any hint of gratitude

so literally there is no competition for me

I am not active on linkedin, but networking is so solid that if I ask for a favor, it's always guaranteed to be honored.

Gratitude is a life skill 😎😎😎😎

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More from @AnandableAnand

10 Oct
Even best of the seasoned traders crack under pressure

1. They start doubting their strategies and even trading as a profession

2. They are tempted to tweak their system or approach

3. They think market has changed forever

4. They do stupid mistakes while knowing fully well how stupid it is

They have many months of ever increasing Drawdown

So if it happens with you

You are not alone or incompetent
Forgive yourself, stop blaming your self and bounce back quickly by

Being patient with Drawdown

Its part of a trader's life, no one has ever escaped it

Its too naive to think trading account as fixed deposit where it will grow every month

Stop comparing with others as their
Read 7 tweets
9 Oct
Most people have their 80-90% net worth tied up in real estate/gold or in their job

but they are overly worried about stock market

Because trading/investing addresses universal human instinct of gambling

identify and address that

Its a two part problem

Part 1:

If u are overly worried about a tiny part of your net worth, open positions or losses, its because of ego and gambling instincts,

you dont want to come out as a loser in any endeavour,
Thats why many losers pray and promise that once they recover the losses they will quit trading

A constant verbal and written reminder and talking to someone close to u like parents/spouses about it is the only way out
Read 6 tweets
9 Oct
Festival Special #brotip

If you like a girl in your classroom/office/dandiya/ganpati

go talk to her

Literally, she is waiting for you to talk to her.

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A beautiful girl, well dressed, is not waiting for the most handsome guy,

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so its all about breaking the ice, starting a conversation and not abt you being handsome and staring at her from a distance and secretly praying that she will come and talk to u ;)
Read 4 tweets
22 Sep
Managing long term portfolio

With very little efforts you can beat any mutual fund while being buy only long term investors,

First, why many mutual funds underperform the index on a long term average

1. they have to keep cash for redemptions, which gives little returns

2. They have to pay overheads like salaries, office expenses, sales and marketing expenses which is around 5-6% of the AUM they handle

smaller the MF, higher will be such % but bigger MFs have different problem
3. When market falls rapidly, like march 2020, they see huge redemptions as everyone wants to be out before others

So literally they are forced to sell their long term holdings because of short term market shake outs
Read 23 tweets
20 Sep
China’s credit market: as crisis unfolds #Evergrande

From 2008 onwards, to match projected GDP numbers of 10%,

china made 300 cities which are loosely called ghost cities of china

Video of Al Jazeera Is from 2009,

This growth of GDP was fuelled buy Chinese PSUs and state govts taking loans to complete these projects

These loans were short tenor loans with frequent refinancing. This was done to keep a tight control over their finances and operations without letting the credit risk spread
Later majority of these corporations floated bonds which also had implicit (important word) guarantee by the CCP (party)

Most such investments in a command economy are not productive, but who cares till GDP numbers look good and outside investors are in awe.
Read 20 tweets
20 Sep
I think both #nifty and #banknifty have made short term TOP

I see 15% correction from here from trading point of view

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Unless some short covering comes in last hour, I will go with simple Buy PE in both indices
As said above, going home with simple ATM weekly Put buy on both the indices

expecting a good gap down tomorrow
Squared off all index positions. Will wait for day low to be broken. Then will take a call. Today short covering might not come, it's going to be sell on rise for intraday
Read 4 tweets

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