“Cutting rates to stimulative territory as soon as inflation hits 2% could cause it to reaccelerate. Instead, the plan should be to get inflation to 2% and then keep rates at a level that is neither stimulative nor restrictive.”

- Howard Marks

Godrej Family begins formal division of 127-year-old group, to start divestments soon youtube.com/watch?v=caZINs…

The rise of China's BYD (Build Your Dreams) businessinsider.com/how-chinese-au…

Amit Shah’s Top 10 Bets

Challenging times.

⛔️ Cancer causing elements in MDH & Everest products

Canada's capital gains tax will spike to 67% for earnings surpassing $250,000 in the year.

'Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,' Strategist Says markets.businessinsider.com/news/etf/canad…

Why the personal integrity of the bank CEOs matters above all else

DogeDesigner Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year.

Agree?

Profound 🔥 🔥

every 5 years 😯

Thermax is expecting big projects to be back in the steel, refining and petrochemicals and power sectors. ecoti.in/h4z3Hb

IT headcount reduction in FY24

Infy - down by 25,994
Wipro - down by 24,516
TCS - down by 13,249

Source: Moneycontrol

Warren Buffett: Be fearful when others are greedy!

'You shouldn’t expect to make money without bearing risk, but you shouldn’t expect to make money just for taking risk. You have to sacrifice certainty, but it has to be done skillfully and intelligently, and with emotion under control.'

- Howard Marks

Gold beats S&P 500

'Investors must accept that success is likely to stem from making a large number of investments, all of which you make because you expect them to succeed, but some portion of which you know won’t.'

- Howard Marks

#Biases

Vodafone Idea has this insane cash flow situation starting next year. 30,000 cr. to be paid between Oct 2025 and March 2026, and then 43,000 cr. per year for five years after that.

They're raising 18,000 cr. in the FPO, and that's not gonna cover much. Way too much to be paid!