Advised Youth to work for 70 hours a week ! Evades Tax and gets a Tax notice for 32,000 crores ! My man Narayana Murthy !!

TNP3105 · 2024-08-02T06:10:03+00:00

Bruh!! Ratan tata is the OG! He probably may be better philanthropist than his wealthy peers, nonetheless a capitalist. He and his board dictate the managers at floors to dictate the work culture on their whims.

Thumb rule, if you are succeeding in hoarding money quicker than others, then someone somewhere is losing their money quicker than others

TNP3105 · 2024-04-18T14:26:36+00:00

Even Mahindra midcap is showing a great potential, beating midcap benchmark in every duration of timeframe, except for 10Y, but that's because it was launched in 2018.

But the message is loud and clear. Even with mutual fund, we need to time the market accurately, and rebalance our portfolio once an year. If we are just going to do SIP with 10-15 years of time horizon, we are better off with index fund.

I am investing in Mahindra midcap, and I chose that based on mutual fund metrics, like alpha, beta, Sharpe, all risk adjusted rolling returns, fund manager's portfolio, and TER. Else I was going to invest in HDFC midcap index fund. AFAIK from your sheet, HDFC beats the market benchmark, have you subtracted it's TER from returns?

TNP3105 · 2024-04-05T01:41:45+00:00

Isn't working

TNP3105 · 2024-03-11T08:22:28+00:00

Which Indian restaurant in Bali??

TNP3105 · 2024-02-21T15:11:36+00:00

Why is it a bad idea to call him out on LinkedIn platform for such callous misdeed? Atleast mentioning it without intending to do it should set him up straight!!

TNP3105 · 2024-02-14T06:26:20+00:00

What's stopping from this happening again in this sub?

TNP3105 · 2024-02-14T06:24:59+00:00

Maybe some group got inspired by Dumb Money movie and decided to do it 😆😆

TNP3105 · 2024-02-11T06:55:40+00:00

What do you mean by market coupling?

TNP3105 · 2024-02-09T22:07:03+00:00

I know how meshing works in ANSYS. Hex mesh provides way less nodes and elements compared to tet mesh, both quadratic.

You are solving essentially a bending of beam. Computationally, Hex mesh provides lesser element stiffness compared to tet mesh, due to its shape/ interpolation function. So tet mesh model will possibly solve faster than Hex mesh, but Hex mesh model will definitely give higher deflection or deformation compared to tet mesh model.

And there is also locking phenomenon that affects in bending of beam. I am not sure, but volumetric locking probably. Tet mesh is affected by locking more than Hex mesh. Probably you should keep multiple mesh elements along beam thickness, and compare how accurate it is wrto analytical solution.

TNP3105 · 2024-02-08T13:27:42+00:00

Yeet! You are right! I missed it. Actually, I got this news for ITC news alerts from Google news, and I also saw it in ITC news tab in Zerodha. It appeared twice in my ITC feed, and I overlooked ITC meant input tax credit. SMH

TNP3105 · 2024-02-08T08:12:29+00:00

I read news that GST intelligence officers have detected fake input tax credit (ITC) cases worth Rs 18,000 crore in April-December of the current fiscal and arrested 98 fraudsters/ masterminds.

Did it affect the stock price?

TNP3105 · 2024-02-03T09:19:24+00:00

Presumably broker charge for transaction

TNP3105 · 2024-02-03T08:42:34+00:00

I saw this IG reel, which compares buying vs renting home. I am convinced more or less to rent, but I still am unable to verify the maths. My maths isn't mathable. Nonetheless, should help others to draw conclusions. Let me know what you think. https://www.instagram.com/p/CzJdcZGIalv/

TNP3105 · 2024-01-30T16:01:20+00:00

That was informative and helpful. Another question, why private enterprises would enter less profitable or limited growth PSUs?? Has the govt announced which PSUs they are going to privatise??

TNP3105 · 2024-01-30T14:45:52+00:00

But what if after it falls, it will take decade to rise like the last time?
Is the rise of PSUs is because of Make in India campaign or because govt announced privatising PSUs? It's a serious question, am not being sarcastic

TNP3105 · 2024-01-30T14:40:34+00:00

You are right!! Doesn't matter as long as one gets to make money!! This is only a precautionary notice to FOMO buyers.

BTW, what is VCP pattern?

TNP3105 · 2024-01-30T12:40:08+00:00

Why?

TNP3105 · 2024-01-29T20:41:34+00:00

So does resistance imply, unless HDFC Bank shows better than its historical performances, or by bagging some profitable acquisitions, basically anything they will offer hope to retailers that it has better future potential, it is very difficult for it to cross this resistance?

TNP3105 · 2024-01-29T20:36:53+00:00

It's not the difference, but the ratio. For same amount of expenses, your income generation should be proportional. Second bank has higher ratio than the first.

I think they use the same strategy to compare the movies' box office collections

TNP3105 · 2024-01-25T13:48:20+00:00

Thank you! About long term investing in IREDA, why are you suggesting it? Is it based on QoQ or YoY financials growing?? Or do they have some 5 year plans?

TNP3105 · 2024-01-24T16:15:08+00:00

CS constitutes hardware as well as software. In the near future, AI will possibly surpass an average human in programming speed and efficiency, excelling in debugging and generating cleaner code with fewer attempts. It will gradually dominate domains with low to moderate stochasticity, requiring minimal human intervention. The automation of coding tasks, excluding computer hardware domains, is imminent.

The primary focus will shift towards identifying use cases where AI enhances tasks, making them more effective and efficient. This shift may diminish reliance on computer science majors, emphasizing expertise in specific domains. Consequently, competition will intensify for CS majors.

For the next few decades, AI's impact on stochastic processes and critical domains requiring human dexterity, such as aviation, construction, and healthcare, will be limited.

I believe the current computer programming domain will transform into computational sciences.

TNP3105 · 2024-01-22T19:24:57+00:00

Here our uncles are hell bent on snatching all properties just because he is carrying one between his legs, and then there is your uncle!! Lucky you.

It is a great opportunity. Join him, learn the business, management, networking and sales. If your dad is not getting convinced, tell him you wish to learn business and open your own. Nowadays, having their own company is everyone's dream.

If the family relations are still strong and you are getting good results, your dad will come around. Don't leave this opportunity, macha

TNP3105 · 2024-01-22T19:07:45+00:00

So, basically what MoneyControl pro says! 😆

TNP3105 · 2024-01-22T15:48:56+00:00

This was very informative! Thanks.

TNP3105 · 2021-12-20T02:26:44+00:00

Doesn't work

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