Vidya Ganesh Profile picture
Here to learn & share my thoughts / retweets on random topics ! Spiritual . Like : Reading, Markets, Photography, Nature ,Painting, Fine Arts,Writing threads...
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3 Sep
1/25

Some books within minutes , force you to ditch the e-version of kindle & buy the hard copy instead !πŸ™‚

The Joys of Compounding is one such πŸ’Ž
Content ( Curation + Creation ) at its finest !

Compressed JUST A FEW takeaways in this 🧡

#BookTwitter
#BookRecommendation
2/25
Invest in yourself. Read.
Self educate. Think in isolation !

Everything in life can teach you when you possess the right mindset.
Read across a wide spectrum,for the scenes change but the behaviours & outcomes don't.

How to go about #READING & #THINKING effectively.
πŸ‘‡
3/25

First Principles Thinking requires us to delve deeper & question everything until one is left with the fundamental truth in essence.

Deconstruct to effectively
Reconstruct ! ( Both in times of Greed & Gloom )

How to apply it to the field of #ValueInvesting
πŸ‘‡
Read 26 tweets
29 Aug
1/5

* How to #Focus *

Few young adults asked me ways to improve focus.
Sharing what I follow.

To begin with :
* Turn off all gadgets
* Sit in a room & read hard copies of books / newspapers
* Primarily try to focus & absorb the content
* Read aloud if necessary
2/5

* First read with an intention of consuming content . Read slowly
* Gradually shift to reflecting upon it
* Then memorising points
* Finally writing takeaways

* Don't use mobile / laptop for reading when developing attention span . Mostly they are counter productive !
3/5

* It takes time to develop focus.
Won't happen overnight , especially given the addiction to mobile & social media.
So begin consciously & slowly !

* Gradually increase reading speed & time & retention

* Switch to kindle only when comfortable level of focus is reached
Read 5 tweets
29 May
1/15
#LetsTalkMoney by @monikahalan is all about US understanding OUR Needs & Wants, & constructing OUR Money Box.

It helps BUILD a system in place , rather than focusing on a (non existent ) single shot solution.

MUST READ FOR ALL !

#BookRecommendation

A 🧡 on it .
πŸ‘‡
2/15
Firstly, build your own system to manage Cash Inflows & Outflows .
Find a way that's least troublesome but automatically separates the 2.

#Budgeting & #Allocation must not be a cumbersome task !

Easy bifurcation helps in Better mapping.

A bird's eye view on the same πŸ‘‡
3/15
Moving onto Emergencies . This pandemic has made so many of us realise the importance of it .

Another interesting facet :
Unwillingness to take risks comes from the FEAR of not having money when needed - typically why Bank F.Ds are preferred.

Hence the EMERGENCY fund.
Read 15 tweets
15 May
1/21
#BookRecommendation
" Zen and the Art of Happiness "

It's a simple book but it makes you think .

Few of my takeaways ( with random 2 min doodles).
πŸ‘‡
Firstly,
What is Zen ?

#Zen is a Japanese word that is derived from the Sanskrit word Dhyana meaning "Meditation" .
2/21
Zen is a journey of exploration & a way of living that , in and of itself doesn't belong to any one religion or tradition as such.

Zen doesn't teach. It merely
points, enabling us to wake up & become aware.

Ever noticed how zen stories rarely have predefined morals? πŸ€“
3/21

The zen of doing anything is doing it with a concentration of mind , a calmness & simplicity of mind, that brings the experience of enlightenment and, through that experience , happiness.

It could be something as mundane as sweeping or peeling potatoes !

#mindfulness
Read 22 tweets
23 Apr
1/5
#NewAIIMSGuidelines (22.04) for #COVID19India Mangmt

Small but IMPORTANT thread for ALL.
Note : My thread is CROSS VERIFIED BY DOCTORS.
Pls amplify. πŸ™

#Plasma #TOCILIZUMAB & #REMDESIVIR are NOW in EUA/Off-label usage under CERTAIN circumstances ONLY !

Pls UnderstandπŸ™
2/5
Plasma & Remdesivir benefits HAVE NO CONCLUSIVE PROOF ( Tweeted many times on this)

Don't SELF MEDICATE !
STOP RUNNING BEHIND THEM .

Instead, LEARN #Proning .Recommended by doctors also.
NOTE : THIS ACTUALLY WORKS !

Video shared
πŸ‘‡
3/5
Some basic pointers on #COVID19
In non medical language . I have shared my experience & some Do's and Don'ts - HOW TO WEAR MASK , WHICH MASK etc (* again cross verified by doctors)

Pls read this
πŸ‘‡
Read 7 tweets
20 Apr
1/4
Some #positivity for the day !! :))

#COVID19 hasn't stopped the Family Trust activities even in 2021.

Financial Assistance in Education of 170 needy students amounting to β‚Ή16lakhs was provided , thanks to donors.πŸ™

Pending applicants will be helped as need arises. ImageImage
2/4
Updates from different Shiksha angans

*Notebooks & Stationeries for students were arranged.
*A Computer with a good table was provided .WiFi will be installed shortly.
*Books , Eatables & Carrom Board given.
*Girls learning Mehendi well.

More events Post #VaccinationDrive. ImageImageImageImage
3/4
Guides & Question Banks were distributed to needy students from parts of Wada, Mokhada, Pen ,Raigad etc residing in nearby Govt hostel .

Hundreds of Soap Bars & Masks have been distributed to the underprivileged +taught wearing mask & handwashing PROPERLY.

#HelpingHands ImageImage
Read 4 tweets
14 Apr
1/13

The #COVIDSecondWave is real .
Being prepared helps a little.

As someone who is recovering from Covid, sharing some basic points on #COVID19 .

Pls share if useful . πŸ˜‡πŸ™

(P.S - I have cross verified with doctors prior to posting this in public domain )
2/13

If any symptoms, get tested (RT- PCR) IMMEDIATELY along with ENTIRE family.

DON'T WAIT for 2-3 days.
Labs are already backed up !

Begin wearing masks & Social Distancing EVEN INSIDE Homes.

DON'T SELF MEDICATE.

The SOONER the treatment begins, the BETTER it shall be.
3/13

Rapid Antigen Test ( RAT) is a poor substitute for RTPCR.
Preferably, get #RTPCR Test done .

RAT has a high false negative rate.

Patients can be negative initially yet HAVE COVID. Accordingly more tests are advised.

NOTE :EARLY & CORRECT diagnosis is the key .
Read 14 tweets
29 Mar
1/10

We all wish to be #FI
Investing sensibly is the only way to achieve this.

Hence #AssetAllocation becomes important , as we need to, BOTH PROTECT & GROW OUR CAPITAL to meet our goals in life.

A basic thread in simple language for beginners.

If useful , pls do share πŸ˜‡πŸ™
2/10

Asset Allocation is an Investment Portfolio technique .

It aims to mitigate the risk by distributing our investable surplus across different asset classes like Equity, Debt, Gold, Real Estate, MF, Cash or Alternates after Risk Profiling of the investor.

An example πŸ‘‡
3/10

ITS NECESSITY

Every Asset class has its risks & it's impossible to predict which would fetch the best possible returns.

Imagine if one had invested only in Equities in 2007/ 2019 or in Real Estate at its peak in 2011 with a hefty loan with no shock absorber in place ! 🀷
Read 10 tweets
28 Feb
1/4
#WeeklyShortStories based on my Learnings.
If you like them , do share them ! :))

Whilst distributing goodies to our children , Dhriti ran upto me & whispered in my ear.

"Didi, can I get 2 more bags ?"
"What for ?" I asked a tad unhappily thinking she was being greedy.
2/4
" I need to give them to Ashok & Pushpa - my friends. They haven't eaten such sweets ever ! " she stated.

"But I have just 1extra bag !" I lied.

She thought deeply momentarily & replied , "It's okay didi. I shall give my bag to Pushpa."

Shocked I questioned her ,
3/4
" Don't YOU wish to eat these yummy sweets? "

To which the 6yr old smiled & said , " You gave them last Diwali as well . I enjoyed it back then.
This time let THEM enjoy it ."

I held back my tears.....

What an important lesson she had unknowingly imparted!
Read 4 tweets
31 Jan
1/16

What would YOU do if you KNOW your time on earth is limited ?

Would you
Wallow in Self Pity & Wither away ?
OR
Decide to make the Best Use of whatever time is left ?

Would you walk THAT final bridge between LIFE & DEATH whilst narrating your trip ?

#BookReview Image
2/16

Affinity to some books tend to grow over time . The more we read them , the more they force us to pause, reflect & introspect .

Tuesdays with Morrie by @MitchAlbom does that !

It is Raw , yet Real.
Simple , but Complex.
Dark , but Humourous.
Obvious , yet Profound.
3/
Morrie the Professor on his deathbed ( due to ALS) & Mitch , his super successful student meet after a gap of 16 long years for ONE LAST CLASS every Tuesday .

The subject being " The Meaning of Life " , taught purely from experience with a funeral in lieu of graduation .
Read 16 tweets
10 Jan
1/6

FINANCIAL INDEPENDENCE IS POSSIBLE .

Dad took 22 years to become #FI despite having many expenses & very less salary back then.

I wish to share a few points of his journey.
It's all pure common sense & nothing extra ordinary .

If HE can , WE all can :))
Read on ....
2/6

* He saved first , spent balance.
* Invested month after month as @FI_InvestIndia keeps saying.
* Stayed invested through all the scams & bottoms . Invested more whenever he had surplus
* He averaged up & down
* Learnt Finance by doing MFM from JBIMS. Ensured Conviction.
3/6
* Never leveraged . Only invested his own money.
* Was conservative .
* Let go of many opportunities & STUCK to what he UNDERSTOOD.
( Held onto HUL & topped up when it did not budge for a decade) -
Result ? A loan free property.

*Gradually focused on Asset allocation.
Read 6 tweets
7 Jan
1/8

Dad told me about how his just retired friend's 25 year old insisted on liquidating F.D's worth a sizeable amt ( kept for EMERGENCY ) today as the son KNEW he could EARN SO MUCH MORE from markets in JUST a month ! 🀦

A thread on the same for NEWBIES.
2/8
2020 was exceptional !!
A brutal crash followed by an unimaginable run due to liquidity.

NO. IT DOESN'T MAKE YOU TALENTED IF YOU HAVE MADE 50%+ RETURNS THIS YEAR.

Even a GROUNDED AIRLINE scrip is flying. That doesn't make you an expert.
IT JUST MAKES YOU LUCKY! 🀷
3/8
An experienced person with a modest risk appetite would be happy with 12-15% CAGR over a long term.

Most get caught at higher ends. ( Few accept it )
Only a HANDFUL enter at bottom ( Mostly Newbies).

You never know WHEN YOU too might get caught at the higher end!
Read 8 tweets
30 Dec 20
1/20
MY TAKEAWAYS FROM ATOMIC HABITS by @JamesClear

A spectacular book that focuses on building HABITS following SYSTEMS to achieve RESULTS - Instead of the traditional GOAL BASED approach.

It's a highly engaging read with plenty of practical examples .

#BookRecommendation
2/20
Your OUTCOMES are a lagging measure of your HABITS . Although difficult to appreciate on a daily basis , they MATTER IMMENSELY.
Change your habit ,to change the outcome.

It doesn't matter WHERE you are currently,
CHANGE YOUR HABIT TO CHANGE THE TRAJECTORY OF YOUR LIFE!πŸ‘‡
3/20
You do not RISE to the level of your GOALS .You FALL to the level of your SYSTEMS .

Why so ?

Both WINNERS & LOSERS have a Goal . What then sets them apart ?

It's having a SYSTEM in place.
Systems are forever & they result in continuous SELF IMPROVEMENT .
Read 20 tweets
23 Dec 20
1/17

IKIGAI : A reason for BEING .

I have structured the essential bits & pieces of the book in a flow for easy understanding + compiled some handwritten notes.

As always these are just MY TAKEAWAYS from the book :))
#ikigai
#BookReview
#BookRecommendation Image
2/
Firstly what is #IKIGAI ?

The Japanese call it - A REASON TO JUMP OUT OF BED EACH MORNING.

It's a convergence of 4 things .
*What you love
*What you are good at
*What you can get paid for
*What the world needs .

We need to find our Ikigai in life!
(Pic from the net) Image
3/
Let's begin with DAILY HEALTH HABITS.

A SOUND MIND IN A SOUND BODY .

Both our MIND & BODY must be exercised well to avoid deterioration in latter years of life .

Have a mental workout routinely by stepping out of your COMFORT ZONE.
Expose yourself to CHANGE.
#RewireBrain
Read 18 tweets
30 Nov 20
1/6

Here's my list of #BooksToRead for #investors . It is NOT an exhaustive list ,for there is NO END TO LEARNING.
I have tried to incorporate different learning aspects of #investing here .

Hope it helps someone! πŸ™‚πŸ™

@dmuthuk Sir tagging you for greater reach .
2/6
Beginning with Indian Authors :))

* Stocks to Riches &
* Value Investing & Behavioural Finance - Late Parag Parikh @PPFAS

* The Coffee Can Portfolio - Saurabh Mukherjee

* Of Long Term Wealth & Value Creation - Bharat Shah

* The Dhandho Investor - @MohnishPabrai
3/6

* The Joys of Compounding - @Gautam__Baid

* MasterClass with Super Investors - Vishal Mittal and Saurabh Basrar.

* Articles of @drvijaymalik
A TREASURE TROVE OF INFORMATION . Each article/e-book teaches us so much . One can find it on his website.
Read 6 tweets
16 Nov 20
1/n

Began tweeting actively this March & this came as a pleasant surprise to me .
Thank you so much everyone for 5k! πŸ™‚πŸ™

I have varied interests & my threads are on random topics .
Consolidating a few that I think are worthy to make the list.

A THREAD OF THREADS πŸ™‚πŸ‘‡
2/n

*On PERSONAL FINANCE*

A thread on my journey till date in the world of markets and investing, mostly highlighting my mistakes as a beginner .

3/n

*On owning a house *

Having your own space is a dream for all of us .
But is it worth taking an exorbitant loan early on ?

Read 17 tweets
13 Nov 20
1/31
My takeaways from the best seller
#ThePsychologyOfMoney by @morganhousel

It beautifully encapsulates , via chapters , the most under rated factor in investing - The Psychological aspect of it .

Do read the book :)
#BookRecommendations
#booklovers
2/31
CHAPTER 1

What we experience early on (in our adult life) is more compelling than what we learn second hand, which is why each person thinks about #Risk & #Reward DIFFERENTLY.

In theory we SHOULD make our investments based on OUR goals & options available.
3/31

However we tend to include our unique experiences of how the world works (albeit with incomplete information) which might seem crazy to others .

* Spreadsheets cannot replicate human emotions which is why no amount of studying can make one truly UNDERSTAND the underlying.
Read 31 tweets
6 Nov 20
1/14
* HOW TO BECOME RICH THIS DIWALI πŸ€‘ *

With Diwali around the corner along with our economy rebounding , only fair that we be bombarded with "PATAKA STOCKS" by EXPERTS from Indore to the enthusiastic newbie who made 30% returns on his portfolio ( of β‚Ή10,000) in 1 week πŸ™„
2/14
So here are my 2 cents gently reminding how much of WEALTH has ACTUALLY been created for the enthusiastic retailers by PATAKA / PENNY / MULTI BAGGER stocks recommended in the past few years .

DISCLAIMER : Being a learner, I am mostly wrong πŸ˜‡πŸ™
To each his own .
3/14
A small snapshot of a few Penny stocks ( using this word a little liberally here ) that were recommended LEFT , RIGHT AND CENTRE on Social Media & how they are doing currently :))

P.S - These are still recommended to newbies with the recount of their glorious past ! 🀦
Read 14 tweets
28 Oct 20
1/8
Often hear salaried people complaining about volatility being the reason they stay away from markets .
IMHO I feel #volatility is not risk . It's actually an opportunity to be capitalised upon sensibly .
( T&C being applicable as always*)
A few pointers on the same.
2/8
* Being salaried helps immensely as one gets a fixed sum of money monthly . Less uncertainty of cash inflows aids in better decision making as we don't resort in knee jerk reactions .

* With proper planning one can keep aside money to invest systematically in markets.
3/8
* In the event of a sudden melt down we won't be forced to sell our holdings for want of money for next month's expenses.

* Thereby , we ensure we do not interrupt the process of #compounding . Otherwise, one is forced to sell even good stocks for want of money . 🀷
Read 8 tweets
21 Oct 20
1/14
* Some practical tips on #PersonalFinance & #Investment *

Met someone who lost heavily in markets( sizeable amt) which makes me write this thread .

DISCLAIMER : There are exceptions always.However the chances of us being in that exception is rare !🀷 Hence the thread.
2/14

Pls DON'T ENTER markets without ensuring you have
- An Emergency Fund in place
- A good comprehensive Life & Health insurance policy for all .
- Term Insurance ( especially if taken a house on loan)

More details given in the old tweet.
3/14
* INVEST SURPLUS ONLY *

Consider investing in markets as money locked in ( like in a PPF account) for a few years atleast & THEN decide how much money you CAN AFFORD TO LOCK IN.
Else we may have to sell ( even a good)stock at lower price BECAUSE we need money urgently .
Read 14 tweets
18 Oct 20
1/12
A quickfire thread based on a book I read recently titled " 80/20 YOUR LIFE " .

Disclaimer : This is MY interpretation & the ratio (80/20) is variable..
The essence here is to identify what matters & weed out the inconsequential & thereby manage time accordingly.
2/12
The #Pareto principle - 80/20 Rule is pretty well known & discussed in context of work & business productivity.
But it can also be applied practically in our day to day life in all possible aspects to ensure smooth sailing.
How do we do that? πŸ€”
3/12
Pretty simple actually !
Our Top priority goal must be a S.M.A.R.T goal aka :

Specific
Measurable
Attainable
Relevant
Time based goal .

Everything is #time based as time saved can be used constructively for other purposes or even wasted happily ! :))
Read 12 tweets