6 Jan, 4 tweets, 7 min read
#LaurusLabs #DeepakNitrite #BalajiAmines - Posting Q2 Concall Snippets ๐ Deep Dive Before their Upcoming Q3 Results. A ๐งต 15 Companies ๐

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# More from @MrRChaudhary

9 Oct 21
MEGA THREAD ๐งต on Rakesh Jhunjhunwalas India Conclave Interview ๐

"ABHI NAHIN BECKNEKA MARKET MEIN, CHADDI NIKAL JAYEGI."

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๐Rj came to stock market with Rs 5000 in 1987

๐1st way raising capital was because of his support from his Brother who introduced to his clients. He raised 15lkhs & COMPOUNDED it to 50lkhs in few years.
๐2nd turning point was Budget of Vp Singh. In the Morning NETWORTH was 2crs, by Evening it was 20crs.

๐Was lucky to have company of Radhakishan Damani - Ramesh Damani & Kamal kabra from who he learnt.
16 Jun 21
*Rule of 72*
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs
*Rule of 114*
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.

For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years

At 6% interest rate, it will take 19yrs
*Rule of 144*
No. of years required to quadruple your money at a given rate, U just divide 144 by interest rate.

For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs.

At 6% interest rate, it will take 24yrs