Personal Diary
It’s a Growth Play. IndiaMart has a huge presence among Indian SMBs. They have built it over 2 decades and it is a real advantage. They already have a growing and stable subscription business wherein they charge SMBs for generating leads. They are now getting into SAAS Business. Acquired Busy Accounting and invested in other …
The Risk Reward Ratio seems very favorable in South Indian Bank Pre Covid, The Bank used to trade at .8x to 1x Book Value. As of now, it is being traded at .5x Book. Here is what I am betting on: The above three can result in a potential rerating of the company. Rerating Plus …
I invested in ITC in 2020. My average purchase price was 187 INR. At that point in time, ITC was a Meme stock. A lot of my friends asked why I invested in ITC when there are greater and more exciting high-growth opportunities in the market. The popular consensus at that time was that ITC …
Historically the Rupee has depreciated against the USD. But this decade could be different. Here is why I think that INR will not depreciate against the USD this decade. Shift to EV. A third of India’s Forex reserve goes in importing OIL. With EV this need to import OIL will come down. We will still …
Read more10-year prediction – Rupee will get stronger this decade
There are a few reasons why I have decided to not invest in Bitcoin. Here is a couple of them. 1. Currency is already decentralized Bitcoin is pitched as a decentralized currency. Well, currencies are already decentralized. The number of currencies is equal to the number of countries in the world. 2. I dont see …
Dreams or Desires?