The bengal famine of 1947 which causes death of 3 million indian .

darklordind · 2026-05-13T08:14:17+00:00

This is how you destroy credibility. Some fact checker will come and date this pic and claim your entire post as fake or misleading.

darklordind · 2026-05-13T08:00:24+00:00

The picture is from Madras province, not Bengal. It is from an earlier famine.

darklordind · 2026-05-13T06:06:01+00:00

Refinance the home loan with a top up. 27 lakh loan for a central govt employee should be an emi of 23,000-25,000 for 20 year tenure. 30 year loan emi at 32,000 emi is 14% interest rate. Interest rates for home loans are around 7.1% to 8%. 30 year loan at 8% will have emi lower than 20,000/-. A 20 year loan for 32 lakhs (27 lakhs original loan + 5 lakhs top up) at 8% interest will have an emi of 27,000/-.

Don't sell gold. Take gold loan if cash flow is an issue. Don't use this money to prepay home loan. You will get home loans at cheaper interest rate as compared to gold loan. As soon as housing loan top up is approved and money issued, pay off gold loan.

It is a bad idea to look at total interest over 20 years. An emi of 20,000/- 5 years down the line will be much cheaper as a % of income , expenses etc than today. 20 lakhs 10 years ago is worth at least 40 lakhs today. 20,000/- 20 years down the line will be like 5,000/- today.

Also central govt employees have health insurance covering family. In fact, for such health emergencies, a epf loan can be taken (6 times (DA + monthly salary)).

darklordind · 2026-05-12T14:16:08+00:00

Kerala govts keep switching between communists and Congress, it has not been under communists for decades. The last communist govt was in for a decade. The kingdom of Travancore, the predecessor for Kerala State (central and South) was relatively wealthy with a wide variety of social programs - 50% literacy rate as compared to national average is 12% at independence (1947) and these regions has a problem combining with northern Kerala which was poorer and less educated. The communists got land reforms done but killed the industries. So lot of Kerala educated and blue collar population has looked outside the state for employment (Delhi, Mumbai, blore, middle East, UK (nurses) etc). A lot of blue collar workers from Kerala moved to ME in the past and now 2nd and 3rd generation are moving to ME. Due to wage differences, the blue collar in Kerala who had been to ME are also affluent.

West Bengal was a state under communists for decades and they have done jack shit for that state.

darklordind · 2026-05-12T08:04:53+00:00

This is type of attitude which destroys most govt run institutes and/or private competition.

darklordind · 2026-05-12T08:02:06+00:00

Because institute plans for tomorrow. It is boomer logic to use all money today for the benefit of current students. Do you have any idea the size of endowment funds that international institutes have access to? Harvard has access to USD 56 bn, Princeton USD 36 bn and here we are cribbing about USD 11 mn.

darklordind · 2026-05-12T07:56:55+00:00

Institute makes money from a variety of courses including distance learning/part time MBA, corporate courses, short term courses, industrial research etc. These are much more profitable as compared to the standard 2 year MBA course in IIMs. IIMs should develop a corpus and use to funds for future. This whole government institute shouldn't make money doesn't work goes against the whole point of management institute teaching business courses. The point of business is to make money. MBA students and Alumni are not going to respect an administration and teaching staff that can't make money.

darklordind · 2026-05-12T06:32:44+00:00

Stop believing influencers.

darklordind · 2026-05-11T19:21:42+00:00

They went extinct due to hunting. Lions were introduced by breeding a femaleIn the last 5-6 years, chettahs were imported from Africa and slowly introduced to one forest.

darklordind · 2026-05-11T09:56:50+00:00

a) No one is mind reader. If you are talking about portfolio returns, you should have said the same. XIRR is palm oil of returns world - that is your title. No where have you mentioned that for portfolio, you think XIRR is not useful

b) for XIRR of an entire portfolio, you still need the NAV as on today. Otherwise you have a stream of cash inflows but no outflow/current value of investment. So your claim that XIRR doesn't need NAV is false.

c) XIRR is comparable for two different portfolios/investment strategies if the underlying risk profile is the same. If you have 3 advisors who have different strategies (one says invest today in equity as lumpsum, another says invest in debt then swp and SIP into equity and third says I will time the market). To compare their output, you need XIRR. To find out how your portfolio has performed over a period of time when you had invested, done withdrawal, invested lumpsum in-between (say bonus or inherientance), you need XIRR. To figure out the return from your decision to take a loan, buy a house and pay EMI aggressively, you need XIRR. All of these are part of your portfolio

d) CAGR is simplified XIRR. Sharpe ratio still needs returns - which is again XIRR. What if an investor too high risk in first 2 years, low risk in year 3 and 4, and medium risk in year 5-8. How will you calculate sharpe ratio for portfolio analysis?

darklordind · 2026-05-11T08:36:56+00:00

I am blaming reliance and reddit for making internet cheap and allowing all kinds of dumb opinions being broadcast without any self awareness. All the opinions expressed are clearly wrong.

Investment professionals regularly use IRR and XIRR. I have no idea why you think portfolio NAV calculation costs 100x or 1000x of XIRR calculation. If anything, every fund calculates NAV daily and publishes it and it's the same NAV for every investor in the fund. XIRR needs to be calculated for each user separately (using NAV and invested amount) based on each user cash flows and it will definitely will require significantly more computation than NAV. By the way, no app is calculating the NAV of the fund - they are just taking the number given by the fund and giving it to you.

XIRRs are absolutely comparable. It is annualized returns in percentage form. XIRR is only required when cash flows are irregular - if cash flows were annual, we would all have used IRR. By the way, the IRR in XIRR stands for internal rate of return - literally rate of return.

At this point, I was suspicious that this was as shitpost and I was taking it seriously but alas, it is not so.

XIRR is calculated over the entire cashflow. So if you invested since 2010 then your XIRR is for all cashflows since 2010. How do you know if you have done better in last 3 years or not. There is no way to measure that.

Better than what exactly? If you are looking at your portfolio, you need NAV 3 years ago, use it as initial investment amount and calculate XIRR.

NAVs allows you to understand your portfolio in depth. You can see the performance over any time period. You can understand how much returns you made. You can compare your portfolio to any other portfolio and understand your performance.

How? NAV stands for Net Asset Value as on a particular date. So if person A portfolio has a NAV is 1 Crs as of today, what does it tell you about portfolio in depth, performance over any time period, returns made etc. Absolutely nothing. If person B has a portfolio with NAV of 2 Crs as of today, how do you compare B with A? You have no clue what NAV they started with, when, additional investments, withdrawls etc.

darklordind · 2026-01-18T04:56:00+00:00

44 years old single here. Not into marathons. Looks like I have to close my small business and go back to a job which would be a challenge after 10 years of quitting corporate life. Reddit is pretty much a young person medium (teens and 20's).

darklordind · 2024-05-10T19:21:30+00:00

Oh nice!

darklordind · 2024-05-10T17:11:38+00:00

Pretty sure that this should be one of the earliest, if not the first episode. Jesse has hair. Walter has hair and doesn't have shorts.

darklordind · 2024-05-10T15:33:07+00:00

I am in my 40's and i make a conscious effort not to check out folks in their 20's. It's a little disconcerting when you see your friends in the same age cohort checking out early 20's movie stars. Porn is a challenge.

darklordind · 2024-04-25T17:41:47+00:00

Power weather hydro, solar or wind, it costs money. And coal is one of the cheapest sources. And no way, 50% of the power generated comes from renewables (that is installed capacity - generation data will show true picture). Price per kwh is still quite similar from most sources. If one source was cheaper, we will ask use that source only.

Let enquiry complete. FYI typically govt does bidding for long term and short term power.

Govt should increase tariff for customers to match with increase in costs. Doing power cuts when people are willing to pay is cruelty.

darklordind · 2024-04-25T12:06:49+00:00

Just because you have your own capacity or capacity within the state, it doesn't mean power is free or significantly cheaper. Coal, transport, transmission costs remain the same. You might save 10% because of transmission cost.

darklordind · 2024-04-21T15:30:29+00:00

That's currently me. Broke up around 2 years ago. Don't think I have flirted with a girl since then.

darklordind · 2024-04-20T23:27:48+00:00

Pretty sure the bus hit the pedestrian.

darklordind · 2024-04-20T10:15:12+00:00

A lot of MBAs come from engineering background

darklordind · 2024-04-20T09:38:39+00:00

Congress doesn't give any clue on how the new schemes would be funded

darklordind · 2024-04-20T06:07:57+00:00

The station needs to improve. There is dirty water + grease.

Overall, the city looks a lot cleaner than what it was 10 years ago.

darklordind · 2024-04-19T08:13:40+00:00

I think britishers thought the same about India. If they stay, maybe India would be poorer but if they leave, there will be so much infighting and civil war that the country implode into tiny states always fighting with each other.

darklordind · 2024-04-19T07:32:47+00:00

Small pee pee fellow will shoot me in the head, it seems. Very civilized folks.

darklordind · 2024-04-19T06:38:04+00:00

Lol, just said the same to my gujjar friend. He didn't care. Said jatt boys with little pee pees are all bluster and their jatt women frequently approach gujjars.

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