Interested in ideas that make money ( prefer boring ones over intellectually stimulating one )
Oct 23, 2021 • 41 tweets • 14 min read
We have seen many graphs on human progress -
but lets see it differently -
Thread -
∼320,000 to 305,000 years ago Populations at Olorgesailie in Southern Kenya undergo technological improvements in tool making and engage in long-distance trade,
315,000 years ago: approximate date of appearance of Homo sapiens.
Oct 23, 2021 • 6 tweets • 1 min read
Find businesses which have solved hard problem uniquely at scale.
Research how many of their competitors doing it & how many are successful.
Ask why others aren't able to do it.
Best time to buy these businesses are when they are in trouble due to external shock.
Thread-
Understand does this external shock impacts permanently the "unique scalable business model" they have built? or the impact going to be temporary?
If permanent - understand how they are evolving / changing the model (watch mode)
Mar 1, 2020 • 8 tweets • 2 min read
UNIQUE VILLAGES OF INCREDIBLE INDIA:
__________
01. SHANI SHIGNAPUR, Maharashtra.
All Houses in the entire village are without Doors.
Even No Police Station.
No Thefts.
02. SHETPHAL, Maharashtra.
Villagers have SNAKES in every family as their family members.
03. HIWARE BAZAR, Maharashtra.
Richest Village in India.
60 Millionaires.
No one is poor
Highest GDP.
04. PUNSARI, Gujrat.
Most modern Village.
All Houses with CCTV & WI-FI.
All street lights are Solar Powered.
Mar 1, 2020 • 4 tweets • 1 min read
Amazing to see Capital Float already crossed $1 billion lifetime disbursals-Its happening faster than i thought.
According to Capital Float, close to 50 per cent of its loan applications comes from smaller cities. The firm has recently crossed $1 billion in lifetime disbursals.
The overall transaction value in the Indian fintech market is estimated to jump from approximately $66.1 billion in 2019 to $137.8 billion in 2023, growing at a CAGR (compound annual growth rate) of 20.18 per cent, says a report by PwC and Assocham.
Jul 19, 2019 • 13 tweets • 2 min read
Is it entirely rating agencies fault?
There is a lot of blame been put on rating agencies for the recent default of DHFL & IL&FS and they are so extreme that some of the writings indicate that it's entirely their fault.
People make fun of how come these guys didn't see it coming, As if it was damn obvious and everyone saw it coming.
People r surprised that how come AAA got downgraded D in one shot, Yes that's how a financial institution leveraged 10x defaults.
Dec 22, 2018 • 4 tweets • 1 min read
Seth Klarman - a successful investor must possess a number of seemingly contradictory qualities. These include the arrogance to act, and act decisively, and the humility to know that you could be wrong.
The acuity, flexibility, and willingness to change your mind when you realize you are wrong, and the stubbornness to refuse to do so when you remain justifiably confident in your thesis.
