Invest in the future:

• Robotics
• Blockchain
• Clean Energy
• Electric Vehicle
• Meat Alternative
• Cancer Research
• Machine Learning
• Space Exploration
• Artificial Intelligence
• Internet of Things (IoT)

What else would you add?

Some interesting little talked about Small caps:-
1..Avt natural
2..Artemis
3..CCL products
4..Chemcon
5..Centum elec
6..Kothari ferm
7..Hind rectifiers
8..Eldeco ltd
9..Expleo Solution
10..Kuantum papers
11..DHP india.
12.Max India
13..Tinplate
14..Krebs bio
15..Ashiana hou

Invest in the future:

• Robotics
• Blockchain
• Clean Energy
• Electric Vehicle
• Meat Alternative
• Cancer Research
• Machine Learning
• Space Exploration
• Artificial Intelligence
• Internet of Things (IoT)

What else would you add?

Relaxo Footwear's margins and return on capital are way better then even Nike

Relaxo Footwear
Gross Margin ~60%
OPM ~17%
ROCE ~25%

Nike
Gross Margin ~44%
OPM ~9%
ROCE ~12%
(Tijori)

If you are looking to have 12-15% compounding for next 15-20 years,you probably don't need to work hard. This things will provide it:-

1..Asian Paints
2..Hdfc bank.
3..Pidilite.
4..United Spirits.
5..Kotak Bank.
6..Godrej Properties
7..Nestle
8..Titan
9..Divis
10..PI ind

Saturday Motivation:-

Thread: Central Pivot Range (CPR)

CPR is another popular tool. Three lines are plotted on the chart when we plot CPR.

The three lines are: CPR, TC and BC.

Let’s understand the calculation.

You may recall that I explained the calculation of Pivot levels in an earlier thread. CPR stands for Central Pivot Range. It is always a center line of the three lines that gets plotted in the chart.

CPR is a Pivot price. Pivot is average of HLC as explained in the prev thread.

We also discussed about Mid-range of the session. Mid-range is average of High and low price of the session.

The mid-range of the bar is known as BC in the CPR calculation. BC stands for Bottom central pivot.

Pivot level captures the relationship of the closing price to the range of the session.

Pivot price above mid-price = bullish pivot
Pivot price below mid-price = bearish pivot

So, CPR line is Pivot and BC line is Mid-range.

What is the difference between both?
Mid-range is average of High and Low.

Pivot is average of High, Low and Close.
What will make the difference between the two?

Close.

The Ladders of Wealth Creation—a step-by-step roadmap to building wealth:

Making money is a skill—like playing the drums or piano—that you can get better at over time.

I wouldn’t expect to be able to sit down at a piano for the first time and play a concerto. The same is true for making money.

This is why most first companies fail.

The Ladders of Wealth Creation breaks an insanely complicated topic of building wealth into the component parts and skills to give you a roadmap of what to do first.

Look at this graphic, then we’ll break down each step.

Ladder 1: Time for Money

The first ladder is trading time for money. This is how most people you know earn a living.

It may start with an hourly job working for Starbucks, but then transition into a salaried position working at a company.

The skills for success are simple, but critical:

1. Show up consistently
2. Being reliable
3. Eager to learn

Every job requires those three things.

To climb the ladder to a salaried position you need to specialize in certain skills (design, copywriting, legal, nursing, etc).

11 books that will change your life:

1. Think and Grow Rich by Napoleon Hill

Lessons:

- Your thoughts are more powerful than you think
- Your why is powerful

2. Can’t Hurt Me by David Goggins

Lessons:

- You are capable of much more than you think
- Pain is inevitable, suffering is optional

3. The 4 Hour Work Week by Tim Ferris

Lessons:

- It’s possible to work less but earn more
- The goal isn’t necessarily more money

4. Awaken The Giant Within by Tony Robbins

Lessons:

- How you talk to yourself is everything
- Change happens in an instant