Gadfly @bodheetree

Harry Markowitz taught the world how to build optimal portfolios. For his own portfolio, he chose simplicity and behavioural understanding over mathematical optimization What does that tell us about investing? Explore this perspective in my commentary bit.ly/4vsCzBv

RBI: PROPOSES TO ALLOW BANKS TO OFFER DIFFERENTIAL INTEREST RATES ON DOMESTIC RUPEE BULK DEPOSITS || PROPOSES TO ALLOW BANKS TO OFFER DIFFERENTIAL INTEREST RATES ON RUPEE BULK DEPOSITS OF NON-RESIDENTS

Confirmation SBI MF adds Adani stocks Adani Energy Solution GQG PARTNERS EMERGING MARKETS EQUITY FUND Sells 63.65L shares at Rs 1504 SBI MF buys 63.65 L shares at Rs 1504 Adani Enterprises GQG PARTNERS EMERGING MARKETS EQUITY FUND sells 1.64 cr shares at Rs 2913 SBI MF Buys 1.64 cr shares at Rs 2913 @CNBCTV18Live @CNBCTV18News @_prashantnair @ShereenBhan

A conversation I won't forget. Thank you @BeckyQuick for sitting down with me at the Berkshire meeting to discuss my GBM diagnosis — and for sharing so openly in return. youtube.com/watch?v=TbQhb0…

I enjoyed this unusual interview my buddy @GSpier did recently with @BeckyQuick in Omaha. youtu.be/TbQhb04P97o?si…

I welcome the RBI's move to give mercenary ( me) NRIs a chance to help out their motherland. I will make a few calls to my Private Banks to see what leverage will be offered and cost. However, my sense is: it was easier to raise NRI money in 2013 because India was part of that idiotic MS construct ( we expect no less from MS anyway) : Fragile 5. See, it's easier to explain and be understood that " Hey, the Fed has reversed QE. It's caused a sudden upheaval in EMs. It's a large group of affected countries. NOTHING SPECIFIC TO US". We are just raising some quick liquidity buffer ". It works. The last line is critical. A generalized problem, as I mentioned in my earlier tweet, is a relatively easy problem to explain. The issue today is: we are Fragile One. And actually, with decent macro numbers ( just see the red hot GDP print! It's as hot 🔥 as the previous 5 such prints), it becomes that " Bhootha Haveli" that has unexplained sounds at night. Why should a country with 8% growth, 650 billion in reserves ( even if rented), low external debt, low domestic inflation and yields, be wanting to raise NRIs' Shylockian loans? Is something hidden & wrong? Get the psychology behind money flows? NRIs are good only for fake nationalism when our PM comes around. Baki time.... You see - we got F2 $ 10 billion Equity INFLOWS in 13-14. Very small bond outflows ( 4.5 billion). We got F2's $45 billion in 14-15. Today, we are leaking ~ 5-10 billion equity outflows a month. Getting,if we do, $ 30 billion in greedy NRI deposits is equivalent of " oont ke mooh mien jeera" or in desi langwaze " Cummin seeds in Camel's Mouth". I want to be optimistic but I would prefer to be realistic. If I was a Central Banker, I would prefer paranoid than being Sangfroid.

Shankar Sharma @1shankarsharma

a week ago

Since this Bear Market started ( and Yes, it's a full blown bear market, not a silly " correction" etc), Indian SM has been calling a bottom for the past 2 years. That's okay: there is swarth anywhere you look: finfluencers, fund & wealth managers, MFDs, Media, etc. So they

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This sort of intelligence input that something spontaneous should be blocked because it is getting traction among the young is deeply disturbing and symptomatic of a psychological democratic deficit. Let people vent and have their say and crushing that will have consequences

This Is The Time To Buy Rupee Assets, Not Bet Against Them (Download: dspim.com/media/pages/la…)

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Massive call out to my brave, beautiful & fearless friend Noa Avishag Schnall @NoaAvishag of the @gbsumudflotilla who yesterday had the courage, while zip-tied, to shout at Ben Gvir to his face that he was a "genocidal maniac," after which she was assaulted & beaten up by his henchmen. Following a global outcry she and her fellow activists have now arrived safely in Istanbul, severely bruised but unbowed. She will be telling her story @JLFLitfest London at 15.00 on Saturday, 6th June.

Vivek Katju says professional diplomats should not follow the example of Jaishankar, who "especially targeted the global liberal media" which "appealed to many in India". Diplomats "should resist the temptation of becoming the favourites of the faithful in India."

I mourn for Rajiv Gandhi, for his again bereaved family, for a nation so tragically deprived of a leader of grace and potential. I mourn, too, for the India I grew up in. I have no doubt that India will survive, that Indians will find the resilience to transcend one more national calamity. But it will never again be an India where freedom is untrammeled by fear, an India where a student can walk in uninvited upon his prime minister.-@ShashiTharoor @TharoorArchives @NYTArchives @TharoorOffice

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Shashi Tharoor @ShashiTharoor

3 weeks ago

Remembering #RajivGandhi today, a leader and former Prime Minister whose vision helped usher India into the modern technological age and whose faith in India’s youth and democratic institutions left a lasting imprint on the Republic. Reacting in shock to his assassination in

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And here’s the entire text!

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Shashi Tharoor @ShashiTharoor

3 weeks ago

In @Openthemag, I reflect on our history: who writes it, what stories they tell openthemagazine.com/columns/who-wr…

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My thoughts on the #CockroachJantaParty and related issues:

I’m incredibly intrigued by the rise of #CockroachJantaParty, which has already reached more than 15 million followers on @Instagram in just five days. I understand the frustrations of the youth and see why they are resonating with it. This is precisely why the account being withheld on X is disastrous and deeply unwise - there should be an outlet for the youth to express their feelings and so, let CJP’s account function instead of shutting it down! Democracies need outlets for dissent, humour, satire and even frustration. I am uncertain about the future of this movement but I hope the youngsters behind it find a way to bring this energy into mainstream politics or perhaps express it through their vote to be a voice of change and in doing so, become impossible to ignore. This is an opportunity that the Opposition must seize. indianexpress.com/article/politi…

Raj Malhotra @Rajmalhotrachd

3 weeks ago

Dear Dr. Shashi Tharoor @ShashiTharoor and Manoj C G @manojcg4u, reading the transcript of your latest conversational masterpiece in The Indian Express @IndianExpress is an experience of absolute intellectual awakening. In an era where political journalism is tragically reduced

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I remember reading this book. T. N. Seshan’s A Heart Full of Burden. The 2nd chapter titles ‘Are We Cockroaches?’ It asks, ‘Are we a non-achieving society?’…… ‘Is survivability the fundamental of Indian existence?’ Sheshan laments lack of excellence in pursuit. He is saddened by corruption. He questions our institutions and practices. He mentions cheating in exams and in elections…. He wrote this more than 30 years ago. Nothing has changed. It has only got worse. The only difference, We now defend the governments because our identity and existence is entwined with it. The govt is who we are. As voters we try to whitewash our biases, and so we are obliged to become the foot soldiers of the failed institutions. Development is no longer the issue. Self-preservation is the priority. And that’s the trap.

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Shashi Tharoor @ShashiTharoor

3 weeks ago

I’m incredibly intrigued by the rise of #CockroachJantaParty, which has already reached more than 15 million followers on @instagram in just five days. I understand the frustrations of the youth and see why they are resonating with it. This is precisely why the account being

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@virsanghvi It doesn't behoove a responsible journalist to speak badly about a peer who is no more. What you stated may be true but speaking an unpalatable truth hardly helps anyone. It is not clear what you intend to achieve by raking up the past.

Vengsarkar is 100% right. || CC @PCCIpod

Remembering Rajiv Gandhi on the anniversary of his tragic death. He was one of the warmest, most decent human beings to become Prime Minister of India. With him, what you saw was what you got; there was no deviousness, no subterfuge & certainly, no megalomania. When he made mistakes he admitted it. When he felt he had been unfair to people he apologised. And despite growing up in a political family he never let the cynicism that characterises Indian politics get to him. We often forget that he may have been the first Indian PM to have ever held a regular job, to have paid income tax and PF. This gave him an understanding of how salaried people in India lived & how the system was tilted against them. During his time taxes were lowered,the stock market boomed and India prepared for the digital age. He went too soon. If he had lived he would have returned to power sooner rather than later. By the time he died, he had learned from the early mistakes that his inexperience led him to make & was ideally placed to lead India into the 21 st Century and to forge a society that had no room for divisiveness & hatred. As even his critics will concede, he was at heart a unifier, signing accords in Punjab, Assam & Mizoram, ending conflicts and building a better India.

The Four Agreements:

Whether Massie won or lost, the background of this election (& the moral revulsion the "evil lobby" triggers in normal individuals) will cause it to be a milestone in history books.

Thomas Massie for Congress @MassieforKY

3 weeks ago

I lost the election but we started a revolution. Keep the flame of LIBERTY burning my friends! I will continue to put People and Principles before Party. America First! 🇺🇸

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