Price action & pattern trader. Tweets are not recommendations. Telegram https://t.co/Nfz3BS8jLL?amp=1
May 29, 2022 • 11 tweets • 3 min read
#DidYouKnow 42% of the Hotels & Motels of the USA are owned by Patels!
The market cap of this 42% is ~$40 Bn (3 lakh Crores)
The history of Patel Motel goes back to the 1940s when the British were dwindling & the US was immigrant-friendly.
Kanji Manchhu Desai was the first Gujarati hotelier in the US. He moved from the West Indies by the way of Mexico to San Francisco in the early 1920s.
In the early 1940s, Kanji was living in a residential motel called Goldfield which was run by a Japanese-American.
May 28, 2022 • 4 tweets • 2 min read
Despite a 5% decline in China's luxury car industry, Audi alone sold over 7+ lakh cars in 2021.
Despite doubling sales in India, Audi only sold 3293 cars in 2021.
We have a long way to go.
And this is the reason why we will never see Tesla anytime soon in India
Even if we combine the sales of Audi + BMW + Mercedes + JLR and other luxury cars in India in 2021, it would still stand at 25-26K for the year.
China's Audi alone sells ~55k cars in a MONTH!
Our sales numbers are not even close to what China is selling in a month!
May 28, 2022 • 7 tweets • 4 min read
Patel Brothers are the oldest & largest Indian grocery chain in the USA.
Founded in 1974, by 2 brothers - Mafat & Tulsi Patel, Patel Brothers is now valued at $140 Million (Rs 1090 Crores)
Mar 19, 2022 • 7 tweets • 1 min read
Adani Wilmar is 1 stock which I'm accumulating for the long term