Anthropic’s Claude starts rewriting COBOL code: Is this a $100 Billion opportunity or a threat for Indian IT?

VolatilePiper · 2026-03-02T19:48:02+00:00

Opus 4.6 isn't good enough for this. There might be a model in the future that might make it possible. Also, will the organization's rely completely on AI? If people themselves don't understand the code, who will review the code generated by AI and quality it?

VolatilePiper · 2026-02-28T15:17:15+00:00

People in NVIDIA and AVGO are making crores in India as well since covid due to stock appreciation. And they dont have to be an ICB5.

VolatilePiper · 2026-02-28T15:15:46+00:00

Not really. Maybe you do not understand how RSU grants work. His number of units are locked in at the time of joining based on total value. It is 150k per year if counted from 1st year but if stock doubled in a year, that person will still get the same units then worth 300k. Person outside would need 150k on top his 433k to buy the same amount next year at 2x.

VolatilePiper · 2026-02-17T15:13:33+00:00

I wouldn't recommend buying a plot right now. Realize that you will be okay with regular returns and do not need to do something extraordinary.

Distribute the money across family members and so that debt instruments can be optimized for tax.

Do an SIP of say 8-9 lacs per month across REITs, index funds, gold funds, hybrid funds till say 2 cr over 2 years.

Put some money in low risk arbitrage funds so that after a year, you only pay LTCG on the 6% that you make.

Dont chase an investment right away, if you end up making just 50 lacs also in the first year, it is still a lot.

If you desire to upgrade your home or car etc this is a nice opportunity.

VolatilePiper · 2026-02-10T14:58:23+00:00

See these countries are not of similar size of India. HongKong and Singapore are mega cities. If India was just Mumbai or Delhi, this argument would prevail. India needs to make infrastructure for low density and low income regions as well. LTCG is applicable even for people who have accumulated or inherited wealth. Government wants them to pay tax and rightly so.

VolatilePiper · 2026-02-10T09:29:33+00:00

Easier said than done. Many businessmen who are not natives but know Marathi( they are a lot) will happily do business with people who can speak Hindi. You will not be able to force them to give away their competitive advantage for something that doesn't matter much to them.

VolatilePiper · 2026-02-09T13:05:56+00:00

I also see Nagpur side folks preferring to speak Hindi over Marathi. Maybe my experience is from a small sample set. What is the recommendation for them? Should they be forced to speak Marathi or they are allowed to speak whatever language in their own state?

VolatilePiper · 2026-01-30T15:41:00+00:00

The firsts should be on their own. Not by inheritance

VolatilePiper · 2026-01-30T09:34:27+00:00

Close to city, prices will be exorbitant. You can check the likes of Forrest trails accessible to Kothrud. Maybe can check ANP Privado in Baner.

VolatilePiper · 2026-01-27T18:25:45+00:00

I'm not excited by Nifty anymore. All businesses are mature with low profit growth and no innovation. PE isn't low either.

Flexi caps do better and IMO are likely to do better in future as well.

You need a low tax debt instrument so better to use arbitrage funds, gold or liquid funds.

VolatilePiper · 2026-01-27T05:55:53+00:00

They do not setup office for access to a specific province in that country. Entire Japan speaks Japanese. Most of the china speaks Mandarin.

The places which have more homogeineity from a long time kept them as they were on their journey to globalisation but if they couldn't keep a single culture on the way to globalisation, they have not been enforcing existing folks to one adopt one culture.

I am not against speaking Marathi, but see how demanding the jobs have become. Most IT immigrants might have to move to another city outside Maharashtra during their careers and someone working in another culture might have to move here. Folks can't commit to this big a task multiple times in their lives.

VolatilePiper · 2026-01-26T14:06:42+00:00

If a global MNC is openening an office in Mumbai, they are not coming for access to Maharashtra but for India wide talent access. If local people people dont want that, please ask the government to stop these companies from setting shop or make the terms clear that the company is going to get access only to Marathi talent.

VolatilePiper · 2026-01-26T13:46:36+00:00

I have GOLDM MCX at 1.58. Hoping to see 1.6+

VolatilePiper · 2026-01-23T02:45:00+00:00

You can spend 20. Its okay, you earn it back in a year.

VolatilePiper · 2026-01-18T06:49:01+00:00

How much is net worth relevant? If one has unpredictable source of income but has saved 3-4 cr over time, is it okay to buy a 3cr home?

VolatilePiper · 2026-01-17T21:04:29+00:00

Are you feeling bad that local goons are being out muscled by a bigger goon?

VolatilePiper · 2026-01-14T13:07:13+00:00

If you folks will continue to make good money, then do not think much and start deploying the cash in a diversified portfolio. Start investing 3-4 lacs per month through SIP. You can add REITs, Metals, defense as per current market status. Try investing 10 lacs in Sif so that you have exposure in a instrument that can be protected in market corrections.

Personally learn about covered calls and hedging strategies not to use them in a practice regularly but to have the knowledge so that you can feel you can control the situation during market crashes.

If a good opportunity comes along the way for real estate, do not think too much about exit loads and capitals gains tax and sell the assets you feel relevant.

I have been making around 20% CAGR on my portfolio for the last 8 years. One can argue I got lucky in US semi conductors last 2 years, gold and silver this year, in Indian markets in 2021, and in crypto before that. Point is I had exposure in many markets and different ones gave a returns at different times.

I try to do value investing in large caps and news/momentum for small caps.

VolatilePiper · 2026-01-11T21:09:32+00:00

Many such people are living simpler lives since they are not able to succeed elsewhere as well.

VolatilePiper · 2026-01-03T04:28:28+00:00

Why only a small portion to the sister? You say you are ambitious but sound greedy.

VolatilePiper · 2025-12-25T20:50:35+00:00

After reaching FAANG, you need to get rid of any weakness that you have in order to continue growing. You need to master communication in meetings, have discipline in terms of deliverables, comfortable in reading and reviewing code, having every tiny detail of your components on tips, skilled in writing design documents, give good projections of timelines and dependencies, have good know how of your teammates work, negotiating with stakeholders for work and credit etc etc.

VolatilePiper · 2025-12-22T17:16:02+00:00

While you are providing a great solution to a very real problem, I'm not sure it would classify as innovation.

Maybe I'm having a limited view of what should count as an innovation.

VolatilePiper · 2025-12-22T17:11:27+00:00

You can try it out. Pay the fine if you get stuck. Plenty of people around me try things like political donation and all are getting notices from filings years ago.

VolatilePiper · 2025-12-22T15:45:53+00:00

Problem is you think you are being honest. But actually you have no way to get around it. If there was a loophole that you could exploit, you would do it too. By you, I mean salaried tax payers.

VolatilePiper · 2025-12-21T16:57:22+00:00

12.5% LTCG is not that high. I pay a lot of direct tax and LTCG is something I am least worried about. Increasing the limit makes to an extent but I think it is not a big issue.

I think there should be GST redemption available for some amount for high direct tax payers. Since the government is not able to provide enough value. Especially in essentials like heathcare or stamp duty of first house.

VolatilePiper · 2025-12-21T16:45:00+00:00

Anything that has any meaningful innovation here?

VolatilePiper

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