TheBoredIconoclast (@pillaibala) 's Twitter Profile
TheBoredIconoclast

@pillaibala

Writer, dreamer, thinker, mountaineer, alcoholic and man about town. Tweet on value investing, keto, intermittent fasting and food trivia.

ID: 271500561

calendar_today24-03-2011 16:49:09

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Ashish Kacholia (@luckyinvest_ark) 's Twitter Profile Photo

A big, bad monster called KYC needs to be urgently tamed by RBI, it just wastes billions of precious man hours and causes untold agony to customers for Zero gains to nation. Any process has to be weighed for cost-benefit and it is time that this KYC re-verification nonsense is

Venkatesh Alla (@venkat_fin9) 's Twitter Profile Photo

How can Video eKYC be valid for opening a bank account and applying for a credit card, but the same Video eKYC is not applicable when re-KYC is needed? What kind of twisted logic is this? What's seriously wrong with Indian Banks and ReserveBankOfIndia?

Egon von Greyerz (@goldswitzerland) 's Twitter Profile Photo

Could a gold revaluation be the last lever left for a debt-sick America? The Fed’s May 2025 guidance hints at it. Trump may be the one to press that button. Gold at $20,000 per ounce is no longer far-fetched. Read the full breakdown: ow.ly/5hWh50WoOHq.

Could a gold revaluation be the last lever left for a debt-sick America? The Fed’s May 2025 guidance hints at it. Trump may be the one to press that button. Gold at $20,000 per ounce is no longer far-fetched. Read the full breakdown: ow.ly/5hWh50WoOHq.
Sunderdeep - Volklub (@volklub) 's Twitter Profile Photo

Petrol car owners, brace yourselves! Govt plans to push 27% ethanol soon, no concern for cars designed for just 10% or 20% ethanol. Expect fat repair bills after 5 years, zero warranty coverage, and no way to get 100% pure petrol option either like in developed Nations.

Petrol car owners, brace yourselves!

Govt plans to push 27% ethanol soon, no concern for cars designed for just 10% or 20% ethanol.

Expect fat repair bills after 5 years, zero warranty coverage, and no way to get 100% pure petrol option either like in developed Nations.
Dr. Rahul Baxi (@baxirahul) 's Twitter Profile Photo

There’s something about Marine Drive in the rains. A kind of magic no other place in the world can make a Mumbaikar feel. #MumbaiRains

TheBoredIconoclast (@pillaibala) 's Twitter Profile Photo

That's 41 lacs revenue per annum. Considering profit margin of 8% (not accounting wastage, unsold goods, etc) profits work out to 3.8 lacs per annum which is equal to 27k per month. Is that a lot of money? deccanherald.com/india/karnatak…

Henrik Zeberg (@henrikzeberg) 's Twitter Profile Photo

We are living in the largest Bubble ever. It is insane (....and it will burst)! Market Capitalization to GDP: Long-term average: 88% Typical historical range: 70% - 115% Peak before Great Depression (1929): 81% Peak Dot-com Bubble (2000): 136% Peak before Great Financial

Arminius (@arminiu_ss) 's Twitter Profile Photo

If mileage is dropping by 20% due to ethanol blending by 20%, it means people will buy more fuel. So what's the logic behind reduced oil imports? How will imports decrease? Need some genius to explain this to me. Only govt seems to be gaining here through taxes. Not country.

The Great Martis (@great_martis) 's Twitter Profile Photo

Bitcoin vs. Tulips No trickery, just an overlay. After 388 years, only the scale and duration of the pumps have grown. Guess whats coming?

Bitcoin vs. Tulips

No trickery, just an overlay.

After 388 years, only the scale and duration of the pumps have grown.

Guess whats coming?
Nick Gerli (@nickgerli1) 's Twitter Profile Photo

Mortgage rates spike 15 basis points the day after the Fed cuts rates. Feels like the Fed has lost control of the long-end of the yield curve.

Mortgage rates spike 15 basis points the day after the Fed cuts rates.

Feels like the Fed has lost control of the long-end of the yield curve.
zerohedge (@zerohedge) 's Twitter Profile Photo

Goldman: "BOJ TO SELL ABOUT 330B YEN OF ETFS PER YEAR - this pace is smaller than the ones our economists had projected: ¥600 billion per year (book value; about ¥1.1 trillion at market value)"

Global Markets Investor (@globalmktobserv) 's Twitter Profile Photo

‼️US freight shipments are COLLAPSING: The Cass Freight Index, a key measure of freight volumes, hit its lowest since the FINANCIAL CRISIS, excluding 2020. This signals weakening demand for shipping and goods movement, and a slower economy. Is the US economy in a recession?

‼️US freight shipments are COLLAPSING:

The Cass Freight Index, a key measure of freight volumes, hit its lowest since the FINANCIAL CRISIS, excluding 2020.

This signals weakening demand for shipping and goods movement, and a slower economy.

Is the US economy in a recession?
Barchart (@barchart) 's Twitter Profile Photo

JUST IN 🚨: U.S. Treasury just bought back $2 Billion of its own debt, and has now bought back more than $12 Billion over the last 5 weeks 🤯👀

JUST IN 🚨: U.S. Treasury just bought back $2 Billion of its own debt, and has now bought back more than $12 Billion over the last 5 weeks 🤯👀
A K Mandhan (@a_k_mandhan) 's Twitter Profile Photo

🟡 #Gold Price in India (1970–2025) 1970 = ₹184 1975 = ₹540 1980 = ₹1,330 1985 = ₹2,130 1990 = ₹3,200 1995 = ₹4,680 2000 = ₹4,400 2005 = ₹7,000 2010 = ₹18,500 2011 = ₹26,400 2012 = ₹31,000 2013 = ₹29,000 2014 = ₹28,000 2015 = ₹26,343 2016 = ₹29,667 2017 = ₹29,667

Make Gold Great (@makegoldgreat) 's Twitter Profile Photo

Cernovich Here are a few reasons from someone who called it: ‼️China is restricting Silver exports now, from Jan 1st this year. They refine approx 60% of global supply. ‼️US has officially declared Silver a CRITICAL mineral. Late last year. So they will now be acquiring for military,

R. Balakrishnan (@balakrishnanr) 's Twitter Profile Photo

Switch to Digital gold with big names. Safer and cleaner than Gopd ETF. With the proposed change in gold etf, the mf industry has made it insecure.

Grok (@grok) 's Twitter Profile Photo

Juggernaut 2.0 CA Chirag Chauhan Yes, it's true under the new Income Tax Act 2025. If you're an individual or HUF and sell long-term gold or mutual funds (not a house), the capital gains are fully exempt from tax if you use the full sale proceeds to buy or build one residential house in India. Time limits: Buy

TheBoredIconoclast (@pillaibala) 's Twitter Profile Photo

Who is going to tell him that diversification is di worsification? If one is so smart that they can research and pick good American scrips, by all means buy. But if they think just buying stocks with dollars will make them rich, then welcome to the world of bakris