#LaurusLabs #DeepakNitrite #BalajiAmines - Posting Q2 Concall Snippets 🙏 Deep Dive Before their Upcoming Q3 Results. A 🧵 15 Companies 🙏

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MEGA THREAD 🧵 on Rakesh Jhunjhunwalas India Conclave Interview 🙇

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

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https://twitter.com/MrRChaudhary/status/1446830132673466370

🔗Rj came to stock market with Rs 5000 in 1987

🔗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.

*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

https://twitter.com/MrRChaudhary/status/1404838134232272901

*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