Exactly

Bull markets needs fuel. By way of equity capital or debt.
Our bull market has run on two: A) Sharp increase in Public Debt/ GDP from 65% to ~90%. B) Equally sharp increase in Household Debt ( analysis credit: Nikhil Gupta)
BUT also:
C) Massive decrease in Corporate Debt (&

Just read'How Not To Die', written by a Medical Doctor. Life-changing. (While Attia 's Outlive, is strictly KG level with nothing new for me except LP( a) test.
Book Tip 1: Cold tea infusions( hibiscus, Rooibos, etc): soak leaves overnight in cold water, drink thru day!
Tip 2:

Jim Simons was undoubtedly ,an all time Great. Some Questions:
1. In the book on him, what comes through that his Sharpe ratio went up when he diversified beyond the US. Know why?
2. Questions: a) Were Medallion results audited especially in the last 10 or 15 years when it was

Mil Gaya,Mil Gaya!!!Har desh waasi ka purana luta hua Rs.15 Lakh/per head wala Khazana ,MIL GAYA!! After deep dives in Maldives!! HUGE loot available now to all political parties for: post election M&A/High frequency MP trading.
My cut :30%. Parties:DM me. (T & C Apply)

Single biggest threat to this Bull Market are greedy Merchant Bankers & Operators, exhorting foolish promoters to raise excess capital, permanently destroying balance sheets via over capitalisation.
I repeat:These are the stocks that will fall 90% in the next Bear market

I have been experimenting with the dynamometer ( available online cheap) for BP lowering, for around 2 weeks now. This is an isometric contraction held for 2 minutes at 30% strength, 3x daily. Results are astounding. 5-9 point lowering, no medication. Try it!

We hear a lot of stuff about how US under Biden is allowing immigrants to flood into US& how that's ruining the country. Rab is the best US analyst I've ever seen & he told me yesterday that this is the brilliant American thinking at work. He said ' woh mahaan desh hai.

One of the silliest things to rely on for election predictions is something called ' Satta Bazaar' odds.
It is just that: a bunch of bets, at a point in time, and with negligible reliability.

Precisely like the stock & options markets.
( Remember: markets were predicting 5-6

1. Last 10 years, NIFTY returns: ~12% CAGR. With high volatility. Best case outlook for next 10 years: around 8-12% CAGR, pre-tax.
2. Bank & Good NBFC FDs: ~8-8.5% CAGR pre-tax. No volatility.

Which should one prefer for the bulk of one's liquid investments?

Had an interesting talk with an intelligence officer. He told me that after the coming of Taliban, Afghanistan has become excellent in terms of safety & mobility! & SWIFT block has been overcome thru hawala which is an age- old regional ' Western Union'😀!

Play Everything
Believe Nothing

In my 'Desh-Seva Abhiyaan', am writing a Spiritual Text titled 'Dhaarnik Tax Havens Ki Khoj: Ek Teeth Yatra'. This is going to win Nobel, Pulitzer, Booker, Bharat Ratna Param Vir Chakra, Electoral Bonds, PVSM, HDPE, LDPE &all awards.
Cyprus. The deep research put in, is clear.

Ever since I started tracking eco news ( ~1981), everybody, within & outside America, has been negative on it: *Deficits/ Debt/Declining Global Dominance/ Losing Edge to Japan/ China etc'
They have even had a National Debt meter in the middle of Manhattan for decades!
And yet

Age should be Reverse Compounding

Wealth should be Positive Compounding

In last week's Business Standard Manthan at Delhi, Martin Wolf of FT, was a co- speaker. I asked him a question, post his PPT on growth & democracy. My question was: given that many countries in the world are turning autocratic, could one say that democracy was an idea foisted upon the

My article in Forbes India on what defines what is a great company.

Theory mien dum hai ki nahi?

Saw ' Crew' . Great chick- flick, caper movie.

Kareena is getting more gorgeous with age.

Kriti needs a nose job, like yesterday.

( Also, saw Fighter. Great stunts. On par with Top Gun. I cannot believe it flopped while crap like Animal was super hit)