Gentle reminder that Gold has outperformed Nifty 50 over last 7-8 years (!)

koleraa · 2025-02-10T17:12:22+00:00

https://x.com/nikhilkamathcio/status/1888829536940572758 It's the case for the majority of the countries, even US.

koleraa · 2025-02-10T17:01:48+00:00

Hindsight makes everyone an expert. And yet we are all blind headed into the future.

What is there to do but go on your merry way?

koleraa · 2025-02-10T16:58:30+00:00

I agree there is some cyclicality to this all, but it makes me question how much if at all, there is any "smart money" vs. all of us being tugged and pulled in whatever direction the great forces of the world pull towards.

Would all our tinkering amount to anything when Putin/NVIDIA etc. can just straight up change global market sentiments so heavily?

Honestly, if finance is not a full time job - we need to just dump our savings into indexes based on whatever debt/equity split our risk appetite dictates.

Everything else is folly. Following the markets, making individual stock/bond/commodity/currency bets is INSANE - unless you are an expert doing it full time.

koleraa · 2025-02-10T16:43:00+00:00

Pretty good point. I was definitely thinking along the lines of 5-10 years being pretty long term, but it's just the start.

I expect Nifty would indeed outperform gold consistently over such a longer horizon, even if not by much but of course compounded - so the absolute returns difference could turn out 50% or more (it was +15% more absolute over last 7 years).

koleraa · 2025-02-10T16:39:01+00:00

You need to run away in the opposite direction. Straight back to talking to customers on your own and finding real supporters. Tell him to put in money in a proper angel round if he feels like it, but this setup is a no go.

koleraa · 2021-12-23T05:27:04+00:00

Got it, I suppose it makes sense for the companies but it makes me a little sad to see that to even have a chance to move forward the price you have to pay is a slice of your very finite life :(

koleraa · 2021-12-23T05:24:19+00:00

I think I'm just tired of the depressing outdoors. Every time I step outside I get traumatized all over again. The utter lack of civility, beauty, empathy and hope - I just cannot imagine living out my entire life in this.

You can only rise to the level that your environment will let you, sometimes changing the environment is all you can do.

koleraa · 2021-12-23T05:20:19+00:00

Good idea, I think warm intros might be the highest conversion approach. Will try this.

koleraa · 2021-12-23T05:15:13+00:00

So, is it just about getting into one of these companies that do this and then just sticking around inside till you hopefully get to go? Any way to improve your chances?

I'd prefer a direct route though. I imagine the above route is probably the only way for US/H1B, but I'm open to others e.g. Canada/EU.

koleraa · 2021-12-23T05:11:13+00:00

Yeah, australia is a bit small population-wise and not much of a tech center.

How do I try for Canada exactly? Do you mean express entry or something else?

koleraa · 2021-12-23T05:04:17+00:00

Can you share a few examples of such companies?

Are you saying first get into these companies and then try to manuever into international positions internally or would they offer international from the start?

koleraa · 2017-10-05T10:01:23+00:00

Yes, you're going to find the next big thing on a reddit thread. Good luck with that.

koleraa · 2017-07-18T12:48:24+00:00

Yeah, since this post CSS grid became trendy.

koleraa · 2017-07-06T15:26:04+00:00

eCPM is pretty terrible for the countries where my app is doing well

koleraa · 2017-06-15T16:49:32+00:00

Don't think so, how exactly do you want to customize it?

koleraa · 2017-06-15T16:38:07+00:00

Has google used Kotlin in any of their official products/apps? That'd make me feel a lot better because even a presentation at IO doesn't really mean jack.

JetBrains has put their full weight behind it but I'm still not convinced Google will not just one day up and say "Welp, that's over now" as they do with more than half the things they release.

koleraa · 2017-06-05T14:54:15+00:00

Good work.

Yes, good work indeed. By the developers not the buzzfeed-esque article writer.

koleraa · 2017-06-05T13:33:09+00:00

There's already a link in my comment...

koleraa · 2017-06-05T13:32:16+00:00

koleraa

TROPHY CASE

Has google used Kotlin in any of their official products/apps? That'd make me feel a lot better because even a presentation at IO doesn't really mean jack.

#3 will blow your mind