The biggest scam in India is floating-rate loans.

When RBI increases rate - interest rate rises.

When RBI reduces rate - request bank, pay conversion charges.

This trap quietly costs borrowers ₹5–10 lakhs 👇 It was April 2016.
You walk into a bank and take a ₹1 crore home loan.

The sanction letter says: “Linked to MCLR.”

You don’t know what it means. You don’t ask.
You just sign and move on.

I read the 188-page Finance Bill 2025 and the 78-page memo so you don't have to.

Here’s how the new direct tax changes impact middle-class taxpayers—and what it means for your income and savings. Let's go. First of all,

Here are the new income tax rates applicable for FY 2025-26 under the new regime.

No changes in surcharge, Health & education cess.

Further, no changes were noted in the old regime.

Profit and loss account simplified

//THREAD// Imagine, u are the owner of India's leading food business Britannia.

U make biscuits, bread, other food products and sell them.

For the year 2020, u made 10,820 cr from *Sale of goods*

Also, u made 166 cr from scrap sales which is your *Other Operating revenues*

Notes from the @PPFAS Alcobev industry presentation:

//THREAD// How is alcohol produced?

Index investing simplified:

//THREAD// First some basics,

An index is a method to track the performance of a group of assets in a standardized way.

Eg: Nifty 50 tracks the performance of the top 50 Indian stocks.

whereas

An index fund is a fund that seeks to replicate the returns of an index.

Return on Equity(RoE) simplified:

THREAD// Equity refers to *ownership* in a firm or asset after deducting all the liabilities associated with it.

Equity = Assets - Liabilities

Whereas

RoE refers to the net profit the firm makes on equity.

RoE = Net profit/Equity

Economic Moat, The Chief Source of Wealth Creation.

//THREAD//

👇👇👇 An economic moat is a *distinct feature* a firm has over its competitors which helps it to protect its *profitability*

Blue Chip Investing, Creating Wealth From Dividends.

//THREAD// Blue Chip Investing refers to buying *high-quality stocks* at a *reasonable price*

Why invest in a Blue Chip?

Less risky.

Good quality.

Outperformance.

Strong dividend histories.

1/

Get a cup of Bru coffee.

Today I will help you understand a simple implied growth calculator to find a stock buy level. Let's get started.

(A short thread) 2/

As you might know, The value of a stock is the present value of its lifetime cash flows.

For the long term buy and hold investor, the real cash flow from the stock is dividend income over its lifetime.

Some interesting snippets from @MotilalOswalLtd 25th Wealth Creation Study:

(A Short thread)

1. Consumer/Retail is the biggest wealth-creating sector over 25 years. 2. Almost 60 of the top 100 market cap companies in 1995 did not make it to the Wealth Creators list.

1/

Bruce Greenwald EPV valuation:

Get a cup of coffee.

Today I will help you understand the Earnings power value framework and how you can implement it in your valuation analysis.

@contrarianEPS @10kdiver
@FI_InvestIndia @Dinesh_Sairam 2/

Before proceeding, let me tell u a thing. We make two assumptions when using this approach. Those are

1. Current profits are sustainable.

2. No growth (More about this later)

Let's get started.

The Ballad of Paul O'Neill:

Get a cup of coffee.

Today, I will talk about one of the brilliant management stories I have ever read. Let's get started. 1/

It was the year 1987, where a bunch of analysts and investors have teamed up to meet the new CEO of Alcoa.

Alcoa is one of the largest aluminum manufacturing firms where employees work in a dangerous environment. Millions have invested in the stock.

Cash flows to multiples:

Today, I will help you understand how multiples are the shorthand forms of cash flows.

Grab a can of coke and let's get started. I believe you have read this before, but here is the definition of intrinsic value to start with.

The value of a business is the discounted value of the cash that can be taken out of a business during its remaining life.

Two debt ratios that will save you a ton of money:

Today, I will talk about two basic debt ratios and why they matter to you. Grab a glass of B natural juice and let's get started.

(A Thread) Imagine, you are a software coder. With a lot of effort and talent, you got a good job in a top IT firm.

Over the years, you saved a lot of cash and invested in stocks, bonds, gold.

A thread on Goodwill:

Today, I will talk about the basics of Goodwill. Grab a cone of Cornetto ice cream , sit back, and relax. Imagine, you are a Chartered Accountant Aspirant.

You completed the entrance and inter exams. You worked a lot in your internship. Finally passed your final exam to become a CA.

Concept of 'Pay yourself first':

Today I will talk about this simple yet powerful concept and how you can implement this in your life. Grab a cup of coffee and let's get started. Ok, so I assume you are not Bill Gates or Mark Zuckerberg who have created path-breaking products that generate income forever.

Dark Side of an IPO:

Recently, you should have witnessed many companies going public and some rained money at the time of listing.

Today, I will take you to the dark side of an IPO. Grab a bowl of popcorn and let's get started. First things first, let's understand the basics of IPO in four points.

1. There is a business that needs funds. Whatever the reason might be.

2. It decides to sell its shares to the public.

A thread on Price to earnings ratio:

Today I will try to explain the PE ratio in a simple way. Grab a bar of KitKat and let's get started. Say, one fine day, you visited the only restaurant that is available in your city for the first time to eat some food.

You are outraged by the food they make. It was terrible, tasteless, and one of the most disappointing lunch you have ever had.

Return on capital employed (ROCE):

ROCE is one of the most important financial ratios out there.

Today I will try to explain it in a simple way. Grab a bar of dairy milk silk and let's get started. Say, after witnessing the recent rally in Indian pharma stocks, you decided to start a pharmacy business.

And it required a capital of 10 lakhs. You poured in your own funds of 4 lakhs and borrowed 6 lakhs from the bank and started the business.

A thread on operating leverage:

High operating leverage makes profits surge in a booming market and plunge in a falling market for a business.

Today I will try to explain it in a simple way. Grab a glass of immunity drink and let's get started. Before moving on, get a sense of these two terms

Variable costs: These costs change in proportion to production output/revenues

Eg: Raw material cost

Fixed costs: As the name says, these costs are fixed

Eg: Rent

Going back to the thread

A thread on GDP:

Recently you should have witnessed everyone talking about India's GDP contraction in news, social media, etc.,

Today I will try to explain GDP in a simple way. Grab a bowl of Maggi noodles and let's get started You measure distance in miles, you measure time in seconds and you measure an economy in GDP terms.

The full form is Gross domestic product. Basically, what it tells you is the 'total market value of all the finished goods & services produced within a country for a period'