Here's an interesting thread about our beloved comedian 🧵

(1/7)

#investing #StockMarket #insurance #mrbean Image
In 2011, Rowan Atkinson, whom we know as Mr. Bean, met with an accident while driving his McLaren F1 supercar 🏎️, which he bought in 1997 for £640,000.

(2/7)
To repair the car, Mr. Bean received an auto insurance payment of £910,000 (Rs. 9 Crores as of today), making it the most expensive luxury auto insurance claim ever! 😲

(3/7)
It was three times the most expensive repair claim previously recorded. 🤯

(4/7)
Did you know?🧐

He sold his McLaren F1 supercar for £8 Million, making well over £7 Million in profits! 🤑

(5/7)
The Government has succeeded in insuring our cars, though by making it a part of a regulation. Sadly enough, that isn’t the case with your life & health insurance, which are undeniably far more important than your cars!

But we do care about you and your well-being.👇

(6/7)
Presenting before you our handpicked insurance recommendations at Recipe

1. Visit: bit.ly/InsuranceRecom…
2. Click on the Dashboard & visit the Recommendations section.
3. Tada! Our handpicked insurance recommendations are here for you!

(7/7)

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More from @myfinology

2 Dec
When Tata was removed from Tata… 🤯

In 1978 when JRD Tata was the chairman, he was fired from his own company.

A Thread! (1/8) 🧵

#tata #JRDTata #StocksToBuy
This was around the time when a feud between the Tatas and the government reached its height. It was for Air India (Tata Airlines).

Govt. wanted to nationalize it. JRD didn’t.
(2/8)
The govt. went ahead and did it anyway without even consulting JRD.

Since then, khatti mithi nok jhok started between the two.

(3/8)
Read 8 tweets
1 Dec
STAR Health - a rockSTAR or a flopSTAR? 🤔

Ace Investor #RakeshJhunjhunwala has made a stellar 500% returns from his investment in Star Health in just over two yrs!

Should u invest in #starhealthipo ? 🛡️

Read ths interesting thread to find out 🧐
(1/11) 🧵

#Investment #stock Image
Star Health is India's oldest and largest standalone health insurer (SAHI) with a 15.8% market share.

Its Gross Written Premium for FY21 was ~ 60% more than the GWPs of all the four other standalone health insurers combined - CARE, Max Bupa, Manipal Cigna, Aditya Birla!

(2/11)
Star Health’s agent network of 4.5 L+ agents is nearly 50% more than the other four SAHIs combined! 😮

These agents bring in about 80% of the business for Star (in contrast to 60% for other SAHIs).

(3/11)
Read 11 tweets
24 Nov
Competing in an industry crowded with leading global brands is tough!

But how did #Mankind carve out a market-leading position in d Pharma #OTCMarkets ? 💊

- here's an interesting thread👇 (1/8 ) 🧵

#mankindpharma #Pharmaceutical #OTC #investing #StockMarket #StockMarketindia
One of the fastest-growing pharma companies in India, #Mankind was actually born due to the rift in the family.

After splitting with one of his brothers, Ramesh Juneja started Mankind with a mere capital of Rs 50 lakh and generated 600% #ROI in the very first year! 💹

(2/8)
Being a relatively late entrant, #Mankind adopted an unconventional strategy to gain success in the business -

While most of the players targeted tier 1 cities and export opportunities, Ramesh decided to tap rural areas with affordable #medicine 💊

(3/8)
Read 8 tweets
23 Nov
Have you earned any profits this IPO Season?

If yes, don't miss this thread!

(1/5)

#Investment #investing #IPOs
Did you know?🧐

Profit earned from shares is taxable based on your holding period!

- Short Term
- Long Term

Kya socha tha; poora paisa jeb mei jaayega? 😏

(2/5)
(3/5)
Read 5 tweets
21 Nov
What if stocks could talk to each other? 🤔
- but, only through memes 😉

Comment/retweet to us. We'll go first (1/8)
#investing #stockstowatch #stockmarkets

#SBI to #YesBank - Image
#AdaniGroup to #ITC -
(3/8)
Read 9 tweets
11 Sep
When traders made a profit out of the 9/11 Attack
A thread🧵👇(1/7)
#AlQaeda #stockmarkets #invest
(2/7)
Days before the attack, a surprisingly high number of ‘put’ options were purchased on United Airlines and American Airlines stocks (that were hijacked during 9/11).
*Put option: The prices would fall *Call option the prices would rise
(3/7)
On 6th & 7th September 2001, the Chicago exchange handled 4,744 put options for UAL stock compared with just 396 call options. The put-to-call ratio would normally be 1:1 but on that day, it was 12:1.
Read 7 tweets

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