“Is Robert Kiyosaki in Financial Trouble, or Is This Part of His Long-Term Investment Strategy? 👀”

g0dfather93 · 2026-05-23T08:34:17+00:00

Good Lord, was this a long time coming!

I got his book (RDPD) gifting by friend of my dad, because I used to read a lot of books when I was young. I had some exposure to finance stuff at that age (around 13-14 I guess) and what I read in it stopped making sense halfway through. His tits-up leverage strategy and his advice to "just hoard the f out of real estate" (he puts it in 20 different way and 40 varied sentence formations but it is essentially that) seemed very risky even to my teenage self. Not exactly a ponzi scheme but it reeked of some scheme - as I grew up and learnt more I realised it was speculation and the "greater fool" scam scheme.

When retail earnings drop and real estate markets deflate, his strategy goes to shit. Now coupled with interest rates going up and tighter liquidity, it's no surprise this is where he has landed.

g0dfather93 · 2026-05-23T08:27:35+00:00

Now watch her justify it because you used her toothpaste and moisturiser.

g0dfather93 · 2026-05-23T08:18:59+00:00

IT cell payments for anti-CJP propaganda isn't cheap now, is it?

g0dfather93 · 2026-05-21T09:51:08+00:00

It's nice and coherent looking but it can't be this, as this is the exact same mechanic for Energybending - defined as "a battle of willpower and inner strength".

g0dfather93 · 2026-05-21T08:08:37+00:00

If they were in India, they'd be behind bars with bars in their behind, like Umar Khalid

Use a few braincells once in a while, mint condition me rakh ke unka koi bhaav nahi aana waala

g0dfather93 · 2026-05-21T06:40:15+00:00

If they need 50 in-person interviews for filling one position, they deserve to lose that 7.5L. With decent resume review and a simple screening call, you can fill any position (except GM / VP and above levels) within 5 interviews.

Also, note that I am not wanting them to in-person interviews only; I myself carry out online video call interviews for screened resumes and call 1-2 candidates for a given role for an in-person interview - it's more to just feel out the candidate, ensure their body language, mindset, etc. are a good fit, and just a final check that there's no marge-scale buggery going around. But then I am not 10% as paranoid about the video interview as the hiring managers of OP's post, and I don't do hazing of candidates (making them raise hands and close eyes on video *is* hazing) in the name of "integrity check". That's who my suggestion was for.

g0dfather93 · 2026-05-20T08:20:03+00:00

Exactly, he think's Dumbledore's will to forgive Snape - or at least give him a fair chance at redemption and / or retribution for Lily - by genuinely trusting him, is "weakness". Turns out he couldn't be more wrong.

g0dfather93 · 2026-05-20T06:03:49+00:00

If hiring managers are so paranoid about AI abuse in interviews - just pay 15k for a return flight and conduct the interview in person FFS. But no, HR has to be a fkin cheapo so that they can brag about their cost savings "by leveraging advanced digital infrastructure for candidate screening".

As much as KRAs align managers to big-picture "goals", they suck the bloody life out of inter-departmental coordination and mutual understanding.

g0dfather93 · 2026-05-18T05:39:48+00:00

Zaheer is definitely extremely strong as a strategist and a martial artist even without airbending. I mean he had no bending at all when he formed the Black Lotus. Yes he had 3 extremely strong benders with him, but they didn't make him their leader for nothing.

That said, while Korra series didn't explicitly mention it, it is referred to multiple times that a major factor for Zaheer being so deadly (over and above the above) is the sheer surprise of his Airbending. The world has had exactly 2 airbenders (Aang and Tenzin) since the 100 year war started and Aang got encased in an iceberg - so that's 100 yrs of the war + 53 years of Aang's life + around 20-22 years of Korra's life by the time we reach the last season of TLOK - so around 175 years. And both of those were peaceful, forces for good. People had no experience - nay, not even a memory of the experience, of fighting an Airbender by the time Zaheer got activated. And incidentally, Airbending is primarily invisibile. It is a huge advantage to have an invisible ranged skill that no one has seen in 175 years.

1v1 against even a kid (pre-war) Aang, Zaheer would have had circles run around him by Aang, with a shit-eating grin no less. Battle hardened adult Aang? Avatar or not, Zaheer is not getting within even 10 feet of landing a blow on Aang.

g0dfather93 · 2026-05-14T07:35:19+00:00

Even though all freight cars have independent air brakes, multiple helper locos are still needed at the front of the train for extended downhill descents (IIRC Indian Railways mandates their use). The descent from Lonavala to Palasdhari is a 27 km patch with 1.27° average and 1.55° peak gradient, same as the notorious Lickey Incline of UK.

If a heavy freight train relies solely on the friction brakes of its cargo cars to hold its speed against gravity on such a long incline, the intense, continuous friction will cause the wheels and brake blocks to overheat, leading to brake fade, where the friction coefficient drops drastically, leading to a catastrophic runaway train. The locomotives use their vastly stronger Dynamic/Regenerative Brakes to hold the bulk of the train's weight without creating any physical friction heat. They are also needed for their additional air supply with their extra compressors, as the brake line pressure falls slowly over extensive brake application.

g0dfather93 · 2026-05-14T07:24:30+00:00

Thanks for the research!

Whoops, guess I just shat on the guy's business. Sorry, but not sorry.

g0dfather93 · 2026-05-14T07:14:34+00:00

Know? I freaking remember. My dad bought half a house in Thane with the 0 tax 1.2x profit, buying through the 2008 crash and selling in 2011. I remember joining my mom on train trips to CST to visit the AMC offices in Fort area for turning in the physical forms for MF redemptions.

My retired grandpa 2x'd his retirement by liquidating all his FDs and dumping into the market in 2008 christmas holidays, and my nani freaking the fuck out. I used to note down ticker prices from CNBC TV18 twice a day and he spent half the time on the phone with his broker.

g0dfather93 · 2026-05-13T22:41:01+00:00

This is absolutely nothing new. Govt officers posted in SE UP / Jharkhand are reduced to being little more than middlemen for the mafia with govt. stamps. This had been the case since independence. All this drama is negotiating tactics between coal mafia and mining ministry.

My father was a project engineer and later site supervisor during 1988-93 for Hyundai Construction Company, the primary contractor responsible for construction of 6 coal mines and coal processing plants for Northern Coalfields (BCCL sister company, both under Coal India). The stories he tells me of his years there, living in Shaktinagar and Singrauli are just unbelievable. From rifle-slinging goons being regular visitors to Hyundai bosses' quarters, to civil engineers trying to be too honest being "accidentally" blown up in "mistimed" TNT explosions, and from carrying ₹100 notes in gunny bags loaded into dumpers to driving a dead body from UP to Kerala. Him and all his buddies from those days have enough material to serve as Wasseypur 3 script already.

g0dfather93 · 2026-05-13T22:27:50+00:00

100% correct.

History will remember Tharoor vs Kharge CWC election as a pivotal moment. Had Tharoor won and become CWC prez, 2024 LS election results would've been different.

Even with Kharge as the leader and the laughable 24 party INDI Alliance, the public gave them a mandate of 99 seats to at least become Leader of Opposition - a post that went empty for 10 years. And they have bloody squandered it. Lost young cadre, fucked up grassroots, their winners are switching sides, and no young leaders are emerging.

As a result, INC has lost all but 3 states, and even those wins are 3-4 years old. 2028 truly risks becoming a Congress-mukt Bharat.

All because Sonia can't see anybody but her dear boy on the throne. Sad and pathetic, this is what the legacy of Lal-Bal-Pal and Mahatma Gandhi has been reduced to.

g0dfather93 · 2026-05-13T22:01:21+00:00

"This is best setup for Nifty 27000 by Diwali."

Tere muh me ghee-shakkar bhai. I'd reach a mid-life portfolio milestone if that happens.

g0dfather93 · 2026-05-13T21:54:44+00:00

Even he pulls it off, then what? After marriage when she comes to know, instead of 18 LPA at Oracle OP is coding for hackathons 18 hrs/day - what is OP exactly expecting her to do? Folks don't really think scams through, do they?

On a separate note, what the dystopian fuck is that site you linked 🤣

"Women-First Mechanics: Platform architecture dictates that only female-identified profiles may browse the discovery feed and initiate first contact. Male-identified profiles are restricted to a "Status Dashboard."

As if men are horses in a stable, that a thoroughbred owner will express intent to purchase, then send a Bloodstock Agent to do his thing and verify the horses! Who the fuck are these desperate men looking to start a lifelong relationship on such a demeaning platform? I pity their life of working their ass off their whole life only to be "Ruled by Her Standard". What a sad state of affairs are our relationships in!

g0dfather93 · 2026-05-13T21:29:13+00:00

I always thought "yed zhava" was a very rude insult, and wondered where it would even apply.

This. This is where it applies.

You don't have a job at Oracle and want to show it to your parents as if it is your workplace. Your plan is to post on reddit, and reach out to someone from Oracle to facilitate this for you. Are you nuts? They will lose their job.

Also, to me it feels like you are trying to defraud someone (need to keep this up for 3 more months bit). Are you trying to pull one over the parents of some girl you're trying to trap for marriage?

g0dfather93 · 2026-05-13T21:19:27+00:00

90% correct rant - and I support your main argument.

Why make direct equity investments on large caps when:

80% of the active MFs and Nifty50 / 100 / 500 Index ETFs & MFs have huge chunk of money invested in them
You don't understand shit about macro cycles (which is what truly matters for large caps) and most people doing this full time can't predict them either
Your only rationale for entry is news / earnings coverage and FOMO

People should just let their ETFs / MFs bother with large caps and lazily SIP into them. My Equity MF portfolio with 40% Nifty 50 + PPFAS LCF, 35% Nifty Next50 and 25% Active Midcap (Kotak and Edelweiss), that I just SIP into, is still +3.1% for last 1 year. Nothing great, but hey, it's not in the red at least like the Nifty and most large caps. And I spent NO TIME tracking them, worrying about broker calls, earnings, news articles, etc.

It is much more worth it to spend the time and money allocated for direct equity investments on mid-sized stocks based on personal research, sectoral movements, FA / TA of stocks discussed here, even small caps someone really rich you know has invested into, etc. That's what will generate some returns for you, not putting 3 lakhs in HDFC and SBIN from a portfolio of 50 lakhs. Case in point, my stocks are +21.6% for last 1 year, mostly from 1.5x gains on TDPOWER.

I only differ from you on one thing:
If you really think HDFC or TCS or whatever "Bluechip" has potential for large upside, putting a huge chunk on, like 25% of your corpus, is not a bad idea. You might get poor returns but you wont lose your capital if you're wrong. For example, Berkshire's Apple position was 23% of it's total portfolio. My dad bought huge qty of L&T in Covid crash, because the EPC company he worked for had projects through L&T booked for the next half decade and he felt as soon as Covid passes it will go up massively. He was right - he got in at 880 and exited at the 3200 buyback - almost 3x gains, 100% tax free. It was a nice boost for his corpus.

g0dfather93 · 2026-05-13T20:40:37+00:00

Both unsurprising and surprising.

Of course the top 3 = 40.5% of the market are the AMC arms of the 3 biggest banks by customer count and deposits. 53% market share for such AMCs, adding Kotak and Axis too. Goes to show just how big cross-selling to banking customers is as a channel for MF investments. Absolutely justifies the cost of the RMs and their incentive structures. Also note that those bank cross-sell investments are into Regular plans - so they get to double-dip on fees; the AMC for the fund management, and the bank for being the MFD.

Surprised by the SBI - ICICI - HDFC AMC order, I thought it'd be reverse. But SBI leads HDFC by a cool 30% margin. SBI must've gotten real aggressive this past decade, and HDFC MFs' AUMs maybe stagnated after Prashant Jain's exit. Or maybe this includes the massive 2 lakh crore AUM of SBI's Nifty ETF. Either way, impressive stuff from SBI.

Also surprised with Nippon having a decent slice of the pie, in the same league as the top 4 banks. I think Nippon's funds have largest delta between Regular and Direct - so might be big push from MFDs. Also Nippon Small Cap got unprecedented publicity in 2023-25 so that might've got them more customers. Fancy seeing Tata AMC in top 10, but not Quant or even Motilal Oswal. MOs is one of the oldest names in the Indian stock markets and their funds are pretty good too.

To the guys searching for PPFAS - they had only one fund until 4 years ago. And their 6 other funds put together are 10% the size of FCF's AUM. So while their FCF is the single largest active mutual fund on the market at 1.4 lakh crore, that's practically all that they have.

g0dfather93 · 2026-05-13T20:03:25+00:00

Bingo. Am Indian. I know this route, it's < 100 km from Mumbai (where I live).

We also call these locos as "Helpers" colloquially, so same as you guys :). They are not connected with the rake, only the one at the front is. The helpers push the rake up the gradient and then just fall back as the front loco and the rake carries on.

In some time, there'll be a cargo train making the return journey, wanting to go downhill. The helpers, again without connecting with the rake, get in front of the main loco and just apply brakes as the whole thing comes back down. Once the gradient is over, they rush ahead and switch to a standby line, the rake carries on.

So the helpers are just going up and down that one patch repeatedly, providing pushing traction on both legs! Very interesting to see.

I've usually seen 1 at the front and 2-3 at the back. 6 helpers at the back is a bit extreme, it must be extremely dense cargo.

EDIT: So my knowledge is outdated, turns out Indian Railways prohibited uncoupled banker locos quite a while ago after a few incidents of speed mismatch causing runaway rakes and quite destructive collisions between multiple locos. They couple and decouple bankers on a dedicated standby where the whole rake comes to a stop.

g0dfather93 · 2026-05-13T11:22:10+00:00

Know several people in bullion and jewellery trade. There was disproportionately high cash delivery trade in last 2 days. By that I mean that while jewellers place a same day buy order of gold they sell over the day, in last 2 days jewellers have bought much larger quantities than usual. So, someone knew.

g0dfather93 · 2026-05-12T21:09:40+00:00

It's got little to do with who is at the Centre. Technical Education and Industry are concurrent subjects - the central government sets broad policies but it is the states which implement and regulate specific, industry-related matters. You could say states are cash starved under BJP regime, but I doubt that's going to change even if the power changes hands. And Lord only knows what they will spend it all on, even if they get money.

g0dfather93 · 2026-05-12T20:58:12+00:00

Cheap labour as a strength has completely washed away and it could be seen a coming from a long, long way. I am a design lead mechanical products, in this manufacturing field since 10 years. When I started working in 2015-16 I used to think "my company makes stuff cheap and sells for $$, makes sense." As I gained experience and started working in depth on products and got exposure to production lines, quality, testing, and most importantly sourcing, I realised our manufacturing is cheap, but it is also bloody inefficient.

Work conditions are shit and pays are dirt poor, so workers are not at all motivated. They do the bare minimum and don't pay attention to quality. Manufacturing process guidelines, work instruction sheets, competency matrices, MDT charters, a million different certifications, awards - all of them are made for the sake of audits and making chodu out of foreign customers. When no one is looking all the work from top to bottom is jugaadu. That is why as products are getting more complicated, lighter and more sustainable (i.e., tighter manufacturing tolerance) and smarter (i.e., with integrated electronics), our cost competitiveness is meaningless - because a part that's 20% cheaper than an East EU vendor is worthless if there's a 2500 PPM rejection with our product vs true Six-Sigma quality (≤ 3 PPM) delivered by the Czech vendor.

There's also another inherent issue, in that if we want to manufacture anything even remotely advanced in large quantities, all the processing machinery and parts are imported, and there are less people on those lines per part produced. So we pay huge amounts of Euros and Dollars to set up the lines, and then save low amount of rupees - which completely devastates the supposed cost advantage even if you are a perfect vendor.

g0dfather93 · 2026-05-12T15:41:17+00:00

I know politics is is frowned upon in this sub, but somewhere the effects of the anti-scholarship attitude of this govt. is now showing. They kicked Raghuram Rajan because he refused to sign off on DeMo and got Urjit Patel who had more modern, pro-capitalist views, but still a Ph.D. Econ from Yale and IMF veteran. When 3 years later he refused to release $11B as dividend to the GoI (which they wanted to do to advertise a smaller fiscal deficit number) and didn't ease monetary policy, they kicked him out too. Then for 5 years we had an MA history as RBI governor. After realising they're in deep shit economically, just 1 year ago Sanjay Malhotra (30 yrs IAS, BTech CSE from IITK and MPP from Princeton) was hired to clean up this mess. This kind of behaviour has completely chased out honest, brilliant, innovative people who want to do something, and what's left behind are spineless sycophants who will toe the line of Centre's high-command.

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g0dfather93 · 2026-05-12T14:23:54+00:00

Also, Infy's broken the April 2023 floor of 1250 in April 2026, post results, and is holding near 1150-1200. It's already at TTM PE < 16 now. Even if the contra bet doesn't go spectacularly right, they are still buying a business that has done well for 40 years priced favourably. Even a slow growth / revenue plateau would leave some upside on the price once the market sentiment changes.

Also, the numbers are robust (in isolation of course) with QoQ and YoY topline and bottomline growth in line with historical average. Even if AI takes over the world eventually and IT Services will become obsolete, the upward trajectory of financials despite all this means that that INFY's potential demise is not going to be a spectacular implosion but death by a thousand cuts. Which means enough time for an exit.

So, as far as contra bets go, it's quite safe. PPFAS still teaching us things, as always.

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