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Prashanth

@Prashanth_Krish

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Chartered Market Technician, Systematic Momentum Investing. Content @PortfolioYoga Community Forum : {DM for a Invite}

Bangalore
Joined March 2009
Don't wanna be here? Send us removal request.
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@Prashanth_Krish
Prashanth
8 months
Alert: Seems one is using the name of @PortfolioYoga to ask for money for Intraday advise. Call received from Number bearing +91 81110 - 01861 Do note that @PortfolioYoga has stopped accepting any new clients long back and is not providing ANY SERVICE or asks for money.
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@Prashanth_Krish
Prashanth
3 years
I bought HDFC Bank in 1996
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@Prashanth_Krish
Prashanth
2 years
Impact of RBI Repo Rate Hikes in the past on Nifty 50
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@Prashanth_Krish
Prashanth
2 years
If you invested in Sensex at the peak of the Harshad Mehta Bull Market (April 1992) and held without doing anything, your CAGR would be 9.16%.
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@Prashanth_Krish
Prashanth
4 years
ITC has free cash worth HUL’s, Nestle’s, Dabur’s and Marico’s free cash combined - A fantastic deep dive into ITC
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@Prashanth_Krish
Prashanth
4 years
RBI says just 5% of India's Wealth lies in Stock Market. On Twitter, it looks like 95% of India's Wealth is tied to the Stock Markets. Amplifies both positives and negatives big time.
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@Prashanth_Krish
Prashanth
3 years
BPCL gives Rs. 58 as dividend. If you are in the 30% tax bracket, you pay back the Government 17.40 But the market will discount the stock (on ex-date) by 58 bucks. Who has gained? 😉
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@Prashanth_Krish
Prashanth
2 years
In Feb 2006, Invested in HDFC Long Term Equity Fund. In 2014 was merged into HDFC Equity Fund which was later renamed HDFC Focused Large-Cap Fund & has now been merged with HDFC Flexi Cap Fund. Returns since Inception = 10.75% vs Nifty TRI returns of 13.07%. 😑
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@Prashanth_Krish
Prashanth
3 years
At the start of a Bull Market - Investors are Surprised. Why is the market moving up while Economy is Shit At the start of a Bear Market - Investors are Surprised. Why is the market moving down while the Economy is doing so Great.
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@Prashanth_Krish
Prashanth
3 years
In the current market where 90% of the stocks are trending up, you are NOT a genius if you are making money, you need to be a Genius to lose money though.
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@Prashanth_Krish
Prashanth
4 years
In 2000, I learnt the art of losing money in Value Stocks In 2008, I learnt the art of losing money in Growth Stocks In 2020, I am learning the art of losing money in Momo Stocks. Is the cycle complete or what? 😝
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@Prashanth_Krish
Prashanth
5 years
Himachal Futurustic started the year 1999 at 37. Ended at 675. In 2000, it peaked at 2578 before correcting nearly 75% of the move.
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@Prashanth_Krish
Prashanth
4 years
Congrats @deepakshenoy for crossing Assets under Management (including Advisory) of 1000 Crores. Huge Accomplishment 👏
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@Prashanth_Krish
Prashanth
4 years
If instead of Mukesh, what if Anil had succeeded. Well, the lesson we would have been taught is - never keep all your eggs in a single basket. The Power of Narrative
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@Prashanth_Krish
Prashanth
2 years
Why the deficit with China keeps going up? Exhibit 74739
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@Prashanth_Krish
Prashanth
3 years
PMS declares that its the best PMS of last 6 months. Conveniently ignores that their 3 Year CAGR is -5.43%. ☹️
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@Prashanth_Krish
Prashanth
3 years
Colombo Stock Exchange Index opened in January 2009 at its lowest point. The Global Financial Crisis had taken its toll with the Index slipping 51% from its high and the Currency at 113 for a $
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@Prashanth_Krish
Prashanth
5 years
Companies that have seen their Net Sales grow every year over the last 10 years (2008 - 2018)
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@Prashanth_Krish
Prashanth
4 years
Kotak Multicap Fund needs to buy 7,000 Crores of Small Cap stocks per new Regulation Kotak Smallcap Fund has a AUM of 1667 Crores. If you still think the Multicap manager will Buy so much of Small Cap, I would love to have what you are smoking 🤩
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@Prashanth_Krish
Prashanth
4 years
Investing like Entrepreneurship is hard. 8 out of 10 don't make it in the long run. The 2 who succeed write realms about their path providing fodder to the next 100 aspirants.
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@Prashanth_Krish
Prashanth
4 years
In bull markets, I was jealous of guys who claimed to be 100% Equity. Today, I am jealous of guys who claim to be 100% Debt. 😉
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@Prashanth_Krish
Prashanth
3 years
Things to need to do before you buy a stock. I wonder though how many investors have the ability for item numbers 5, 6 & 7. I don't
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@Prashanth_Krish
Prashanth
3 years
In June 2018, Adani Green listed with a Market Cap of Rs4,457cr. These days, it adds 8,000 Crore of Market Cap every single day.
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@Prashanth_Krish
Prashanth
5 years
A good thread on how to identify companies with probable Corporate Governance Issues by @varadhar1
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@Prashanth_Krish
Prashanth
4 years
The consensus I am seeing in Analyst Reports and Views is that 2020 is the year for Mid and Small Cap. The reason for the unifying stand seems to be based on "Mean Reversion"
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@Prashanth_Krish
Prashanth
5 years
Since its listing, Yes Bank has generated similar returns as HDFC Bank, only the path differed 😀
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@Prashanth_Krish
Prashanth
5 years
Why get wealthy? – So you can have your freedom “So you don’t have to be any place you don’t want to be. You don’t have to do anything you don’t want to do. You can wake up when you want. You can sleep when you want. You don’t have a boss. THAT’S freedom. - @naval
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@Prashanth_Krish
Prashanth
4 years
From Roads to Riches by @paragparikh || The cost of keeping up with the Joneses
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@Prashanth_Krish
Prashanth
3 years
On 22nd of February 2000, Wipro made its all time high (10,350 {non adjusted} and 310 {adjusted}). This got broken in September of this year. 20 Year Price CAGR = 0% 20 Year Sales CAGR = 18.80% 20 Year Net Profit CAGR = 8.55% #startingvaluationsmatter
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@Prashanth_Krish
Prashanth
3 years
A good friend read through all @PPFAS factesheets from 2013 till date and has prepared this humongous summary.
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@Prashanth_Krish
Prashanth
2 years
Nifty 50 Prediction for 2022.
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@Prashanth_Krish
Prashanth
5 years
If you are a long term investor, you should welcome a Coalition government led hopefully by a small party leader. Gives you ample time to accumulate a very good portfolio at ridiculously cheap valuation. #IndiaElections2019
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@Prashanth_Krish
Prashanth
3 years
10K would have bought you a Acre of Land outside most major cities in 1995. Today it would be worth similar or even more. #justsaying
@connectgurmeet
Gurmeet Chadha
3 years
If u bought 100 shares Of Pidilite in 1995, U wud hv 8000 shares today 1:1 Bonus in Oct 1996 1:1 Bonus Jan 2000 1:10 Split July 2005 1:1 Bonus Jan 2010 100 shares wud hv costed 32k. After all splits & bonus, 8000 shares wud b worth ~2 cr Own businesses, think decades!
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@Prashanth_Krish
Prashanth
4 years
Pretty sure that without advise, he would be lost. What does he know about finance anyways 😉
@moneycontrolcom
Moneycontrol
4 years
Aditya Puri made a neat pile of Rs 843 Cr. exercising stock options. Now, 3 financial planners give their take on where he should invest the money. 💸 #PersonalFinance #Invest #AdityaPuri | @kayezad
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@Prashanth_Krish
Prashanth
4 years
The Standard Formula for Emergency Funds is 6 months of Expense. I think that the number of months should keep increasing as you age. Reason: As you grow older, tougher to recover from a Business Failure / Loss of Job than when one is younger. 6 months would run away in no time
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@Prashanth_Krish
Prashanth
3 years
In 2018 when Flipkart was acquired by Walmart valuing the company at $21 B, @AswathDamodaran called it "World’s Most Expensive Facelift" 3 years later and no closer to making profits anytime soon, its now valued at $37.60 B
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@Prashanth_Krish
Prashanth
3 years
Financial Year Returns
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@Prashanth_Krish
Prashanth
5 years
The four leading food-tech players (Zomato, Swiggy, Uber Eats and Foodpanda) have created more than 400,000 jobs through their food delivery operations alone. (Source: Edelweiss Report on Retail)
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@Prashanth_Krish
Prashanth
4 years
Its becoming fashionable to blame Santhosh Kamath for taking Credit Risks that bombed. The issue that Franklin has faced was not about Credit but Cash Flow. My thoughts,
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@Prashanth_Krish
Prashanth
5 years
Strongly feel 5 years down the lane, this PF will beat Nifty 50. Tracking PF:
@contrarianEPS
Contrarian EPS
5 years
i searched: "how to make time bomb" google answered: "build an equal weighted portfolio of following stocks" though 2-3 out of these will go on to become multibaggers but don't know which ones in advance.
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@Prashanth_Krish
Prashanth
16 days
Be it Adani or Ambani or Murugappa, knowing people in power can be a great help in smoothening things
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@Prashanth_Krish
Prashanth
5 years
Malaysia Airlines Flight 370 vanished into the Indian Ocean five years ago, and we still don’t know why. The explanation lies not in the sea but on land—in Malaysia, where officials know more than they dare to say. William Langewiesche reports:
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@Prashanth_Krish
Prashanth
3 years
🪄🪄🪄
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@Prashanth_Krish
Prashanth
2 years
UTI Nifty200 Momentum 30 Index Fund completed 1 Year. Returns since Inception = 31%. Not bad for a fund that churns once every 6 months
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@Prashanth_Krish
Prashanth
4 years
2020 has been a Pivot for many in multiple ways. For me, this is one 🤩
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@Prashanth_Krish
Prashanth
3 years
The Median 3 Year CAGR returns for stocks that are traded (and have continued to be listed) on the NSE is -17.80% Of the 1400 Stocks, only 295 have positive returns.
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@Prashanth_Krish
Prashanth
4 years
NEW: Launch of Portfolio Yoga Advisory Services
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@Prashanth_Krish
Prashanth
5 years
The average Indian household holds 84% of its wealth in real estate and other physical goods, 11% in gold and the residual 5% in financial assets. 2017 RBI Report
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@Prashanth_Krish
Prashanth
6 years
Blood is on the Steet. Good time to buy though problem is much of the Blood is our own 😝
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@Prashanth_Krish
Prashanth
5 years
25% of all stocks that are currently traded on NSE made a low this year (2019) which is lower than the low they made in 2014.
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@Prashanth_Krish
Prashanth
5 years
Spend less, Save more they said. So, rather than buying a Maruti Car, they bought Maruti shares. Now, they don't have a Car and yet have a Depreciated Asset 😜
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@Prashanth_Krish
Prashanth
3 years
When a large investor invests into Micro Cap Stocks, he is basically investing money that is a rounding off error for him (as % of networth). Beware of following him with money that can materially impact your life. {Micro Cap = Market Cap less than 1000 Crores)
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@Prashanth_Krish
Prashanth
2 years
The amount of good reading that is available for Free is just astonishing. This 5000 word essay on David Tepper for example by @NeckarValue - its a Biography that removes all the unnecessary and concentrates on the key things
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@Prashanth_Krish
Prashanth
6 years
When you fall in love with a Stock.
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@Prashanth_Krish
Prashanth
4 years
PMS's are fast becoming like Mutual Funds. Have multiple Portfolio's - showcase whatever is currently doing the best.
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@Prashanth_Krish
Prashanth
5 years
On one hand, @WarrenBuffett advises retail investors to buy ETF's and on the other hand, goes out to buy @amazon shares. As @deepakshenoy rightly says, Do what he Does, not what he Says :)
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@Prashanth_Krish
Prashanth
3 years
If (Reliance) can pull off the transition from operator and investee to operator and investor, it will remain the best way to invest in India for decades to come. A very very comprehensive deep dive on Reliance Industries
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@Prashanth_Krish
Prashanth
3 years
Client asks for "Refund". Says my Momentum Portfolio is "too conservative". Sorry to see him go, but gladdens my heart that I am not swinging for the fences either 😃
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@Prashanth_Krish
Prashanth
3 years
If Index takes away your Wealth, 99% chance of gaining it back. If stock takes away 80% of wealth, 90% chance of not getting it back 😉
@sidd1307
Siddhartha Bhaiya
3 years
Once a decade the markets will take away 60-80 pct of ur wealth. The key is to survive that period and not get scarred. Dar ke aage jeet hai It happened in 2000; 2009 and 2020.
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@Prashanth_Krish
Prashanth
4 years
Being 100% in Equities is not a bad idea if you have - a secured job that you don't think will lose - no debt to pay off - passive Income from other sources not directly linked to markets - ability to live without equity returns for years / decades if things go wrong
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@Prashanth_Krish
Prashanth
2 years
My Portfolio Stocks getting roasted ☹️
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@Prashanth_Krish
Prashanth
4 years
Nifty 50 is a couple of hundred points from the high it saw in March 2015 (9119). If we reach there tomorrow, its 5 years of Zero Returns.
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@Prashanth_Krish
Prashanth
4 years
How the hell is this Channel India’s No. 1 English News Channel. Either the TRP system has been compromised or India has lost its mind.
@pbhushan1
Prashant Bhushan
4 years
Republic TV finally won the Nobel prize for investigative journalism! They managed to take their car next to Deepika Padukone's car! Wow!
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@Prashanth_Krish
Prashanth
3 years
Building Wealth by Moderating Expectations
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@Prashanth_Krish
Prashanth
5 years
Nifty 500, Price to Sales Ratio.
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@Prashanth_Krish
Prashanth
3 years
In a bull market, all you need is outline of a story. Masses will extrapolate & flesh out the story better than what even the company may have envisaged😉
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@Prashanth_Krish
Prashanth
5 years
Don't play a game where you don't have a edge. It will ultimately destroy you (mentally more than financially most of the times). #RandomThoughts /*End*/
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@Prashanth_Krish
Prashanth
3 years
One good idea is all that is required. @MohnishPabrai @williamgreen72
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@Prashanth_Krish
Prashanth
3 years
Little Champs of @MarcellusInvest exits 2 stocks. PPAP Automotive and Music Broadcast. Guess the Coffee was getting Cold 😉
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@Prashanth_Krish
Prashanth
3 years
The @PortfolioYoga Momentum Portfolio owns IRCTC. Today, the Portfolio is down just 0.37%. Focus on the Portfolio, not on the movements of Individual Stocks.
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@Prashanth_Krish
Prashanth
5 years
Infosys removes 0.8% Cognizant lays off 2.4% Capgemini removes 0.25% Without context, numbers are meaningless.
@Arun2981
Arun Arora
5 years
* Infosys chucking out 2200 employees * Congnizant about to lay off 7000 employees. * Capgemini removes 500 employees. * 1 lac jobs on stake in telecom sector Atrocities of others did not bother you.... Don't worry government is reaching out to you soon...very soon!!!
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@Prashanth_Krish
Prashanth
3 years
If you are worried about the spike in Adani Total Gas, a comparison chart (Wipro during the Dot Com times)
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@Prashanth_Krish
Prashanth
3 years
The nice thing about buying second hand books - sometimes you get lucky 😊
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@Prashanth_Krish
Prashanth
4 years
Inspired by twitterati, My 2010's Co-founded an Advisory 😀👍 Shutdown Advisory 😢 Took a Job and Moved to Mumbai💩 🌈🚬 Back to Bangalore 🏠🎂🏡 Finished CMT 😊 Founded @PortfolioYoga 💫 Took a Job again 🤩🤩🤩 Ending the decade at Crossroads 🔀 Here is to a Great 2020's 🙏
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@Prashanth_Krish
Prashanth
5 years
Financial Services as % of Indian GDP = 6.2%. Financial Services as % of Sensex / Nifty = 39% / 36%
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@Prashanth_Krish
Prashanth
4 years
Client: Why is the Market Going up? Analyst: Great Results C: What Results? A: 84% of S&P 500 companies have exceeded estimates C: How did they manage that A: We cut the estimates to make it easy for them . Reminds me of this
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@Prashanth_Krish
Prashanth
3 years
Starting Investing right after being born is the best way to prepare for a Healthy Retirement.
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@Prashanth_Krish
Prashanth
4 years
@porinju misuse of "average" 🙂
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@Prashanth_Krish
Prashanth
2 years
Had been to Ikea. 90% of products sourced from either China or Philippines. Only place with near 100% sourced from India were products sold in the Food Court😉
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@Prashanth_Krish
Prashanth
6 years
The @Sanjay__Bakshi post on MRF at @Moneylifers is a example of buying high nominal stock price portfolio. Wrote about it on @capitalmind_in exactly a year ago. Portfolio performance
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@Prashanth_Krish
Prashanth
3 years
Every Bull Market has its Guru who can do nothing wrong.
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@Prashanth_Krish
Prashanth
7 years
DMart and Hero EPS 7.6.and 173 respectively!! Dmart has same market cap as HeroMotoCorp Dmart Profits 474 Cr Hero Profits 4000 Cr Investor: Hero Motors is EXPENSIVE 😜
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@Prashanth_Krish
Prashanth
3 years
Sometimes its tough to understand whether people are sarcastic or really asking.
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@Prashanth_Krish
Prashanth
6 years
The draw-down from 52 Week High for Nifty Small Cap 100 now exceeds every draw-down it has seen except for 2008
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@Prashanth_Krish
Prashanth
5 years
Friend, 55 Years of age has retired with 30 Lakh of Savings. Own House. No Kids. Requires 15K p.m for expenses. How would you plan for such a person? #personalfinance
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@Prashanth_Krish
Prashanth
4 years
From the book, Stocks for the long run by Jeremy Siegel
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@Prashanth_Krish
Prashanth
3 years
Still unable to understand the anger against IPL. Assume they were all sitting at home vs playing, would it have changed things anything more than what is happening now?
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@Prashanth_Krish
Prashanth
3 years
Negative Persons who cannot dream of 4% monthly compounded yearly for 5 years need to be blocked lest they pollute gullible minds with their nonsense 😃
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@Prashanth_Krish
Prashanth
6 years
50% of stocks traded on NSE are down 50% or more from their 52 week highs
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@Prashanth_Krish
Prashanth
3 years
Acquiring a Rich Man's taste for Luxuries when you are not Rich is the fastest way to the grave (either financial or physical, sometimes both).
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@Prashanth_Krish
Prashanth
4 years
Option Gurus have 100K+ followers, Real Fund Managers handling hundreds of Crores have less than 10K and we wonder why do so many are happy sell shovel's instead of owning the mine
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@Prashanth_Krish
Prashanth
4 years
28th Feb 2020: Nifty @ 11,201 % of stocks above 200 EMA = 21% % of stocks above 50 MA = 18% 6th July 2020: Nifty @ 10,763 % of stocks above 200 EMA = 46% % of stocks above 50 MA = 91%
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@Prashanth_Krish
Prashanth
5 years
Yes Bank UP 4% on Opening Bell as Market assumes the next guy to head the RBI will be a "Yes Man" 😉
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@Prashanth_Krish
Prashanth
5 years
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