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Jul 3 • 15 tweets • 13 min read
Last week … I had the best time in #Ladakh

1. Yoga and Meditation Retreat
2. Some hiking
3. Cultural program at Lama Yuru village
4. River Rafting at Zanskar river (till the Sangam with Indus)
5. Motorcycling upto to #KhardungLa …
Best #BlockLeave ever … (pics follow)
I am not the best #Yoga practitioner … but hopefully get better with practice
A little bit of #meditation (though my mind continues to wander)
Some #Hiking
By the river #Indus
Amazing landscapes
Nice Buddhist Stupa and Monastery and cultural dance at #LamaYuru
River Rafting at the sangam of #Zanskar and #Indus rivers (I am farthest away on the right)
Finally … favorite activity - #Motorcycling on the worlds highest motorable road
More #Motorcycle pics
Also in between managed some fine dining at Tsas by Dholkar in Leh
And from the flight back some magnificent pics of the Himalayas
Finally …

I did miss #PangongTso and #NubraValley …

Leaves something for me to return to #Ladakh …

It’s a fantastic place, and the pictures don’t do any justice …

#Leh #Ladakh #Tinmosgang
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Ohh and I forgot … the night sky I saw the most number of stars ever (limitation is my #iPhone13 camera and limited photography skills)

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More from @niravstoons

Nirav Kanodra Profile picture
May 6
One of the best podcasts I have heard in recent times.

5 Allies every man (or woman) needs … podcasts.apple.com/sg/podcast/the…
It’s so true how we all need to move away from ‘toxic’ or ‘negative energy’ people or ‘energy vampires’ …

When some one shows up and sucks the energy out of the room. Or a perma doomsday guy …

And if we have some one like that - we need to have a conversation about it
The 5 allies one needs
The Encourager, the Play Maker, the Faciliator, the Rock and the Bruiser

Also … we need to play a similar role for others.
Read 12 tweets
Nirav Kanodra Profile picture
Feb 7, 2021
Why aren’t we talking more about #FarmProtests ?

My take - @rihanna @GretaThunberg @miakhalifa and others ...
The farm laws which are scrapped are

1. Freedom to sell to anyone vs the previous restriction to sell at APMC (Agri Produce Marketing Company) - which was a monopoly

Allows to bypass intermediaries and sell direct to consumer or a wholesaler in a city.
Can still sell to APMC
2. Repeal of Essential commodities act - people can stockpile grains in warehouses.
Should lead to more investment by private sector - especially in perishable fruits and vegetables ( 🍎 🍌 🍉🥕🍆🍑) which reduces fluctuations in prices and hence predictable price for produce
Read 18 tweets
Nirav Kanodra Profile picture
May 6, 2020
While every one is fighting #Covid19 and focussing on the immediate situation - this #crisis surely presents an #opportunity.
My favourite quote is - In the Chinese Language - the word for Crisis is - 危机 (WeiJi or Wéijī) which means Danger + Opportunity

This is my wishlist🧵
India has tried to start on the right foot by offering large land parcels to companies wishing to move their supply chain outside China.
But is Land only enough?
economictimes.indiatimes.com/news/economy/p…
Factors of Production are Land, Labor, Capital, Technology, (and environment - physical infrastructure + regulatory environment)

India is lacking a bit on everything ...
Read 22 tweets
Nirav Kanodra Profile picture
Apr 14, 2020
Today is April 14, 2020.

Let me tell you the story of something interesting happened on April 14th, 1944 at about 4pm in Bombay ...

Its a first hand story, told to me by my Grandfather who was on the scene at Victoria Dock (also known as Princess Dock) Bombay ... 1/n
So the timing - its 1944, World War 2 hasnt ended yet (Normandy landings were to happen later in June 1944, and Hiroshima and Nagasaki bombings in Aug 1945) ...
Indian freedom struggle post the 1942 Quit India movement had reached a pause due to the war
Bombay (as it was called then) had become the textile hub (especially in the years post the US Civil War) and lots of Cotton was shipped in from overseas only to be spun into finished garments at Bombays mills ...
Read 14 tweets
Nirav Kanodra Profile picture
Mar 28, 2020
While many countries are in lockdown some books I would recommend (especially relevant now)
- Selfish Gene by @RichardDawkins
- Fooled By Randomness, Blackswan, Antifragile, Skin in the Game by @nntaleb
- Guns, Germs and Steel by Jared Diamond (also Collapse by same author) ..
- Sapiens, Homo Deus, 21 Things for 21st Century by Yuval Noah Harari
- The Fourth Turning by William Strauss and Neil Howe
Adding this book - science fiction and reveals a lot about contemporary China - trilogy by Cixin Liu (translated by Ken Liu)
Three Body Problem, Dark Forest, Death’s End.

Physics, Society, economics, and basically brilliant imagination
Read 5 tweets
Nirav Kanodra Profile picture
Mar 22, 2020
Lot of people are calling for a closing of stock markets too.
I think its a terrible idea in an emerging market like India.

These are my thoughts why ... 🧵
1. India has a large % of Foreigners (FPI or Foreign Portfolio Investors) invested in the market.
India depends on foreigners buying its asset to fund for its net imports.

If they cant sell, it creates a red flag and will be dropped from Stock Benchmarks like MSCI
2. If there is no good news between closing of the market and reopening - the market just gaps down lower. This actually increases the Volatility and 'Value At Risk' - this VaR shock makes people believe that its riskier and hence invest less in India
Read 11 tweets

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