WYr2DIpVfD

Highly recommended.

More from Tar ⚡

It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. Peter Lynch's Six Categories of Stocks
2. How to identify the type of stock you own?
3. How to think and decide about the runway for growth of a company?

Lets dive right in.

For those who do not know (I doubt there will be many), Peter Lynch is one of the most successful fund managers of all time.

He managed a fund called Magellan at US Investment Giant Fidelity Investments and during his 13 yr tenure, he delivered an average CAGR of 29.2%.

Sadly the fund couldn't keep up post Lynch's retirement and his successors weren't able to keep up with his returns.

That's how good Lynch was!

In 1989, a year before retirement, Lynch wrote and published a book called 'One Up on Wall Street'.

Almost 32 years later, the teachings of the book remain relevant.

(Highly recommended read)

Chapter 7 of the Book Titled
"I've Got It, I've Got It - What is It?"

talks about the need to classify stocks.

Peter's argument is that you need to know what kind of stock you hold in your portfolio.

Not all stocks are the same - and he is right!

$Tar \u26a1$

Tar ⚡
@itsTarH

And just to clarify before people start posting
"Rocket Emojis with to the moon tags"

this business wouldn't hit 3lk cr market cap in next 3 yrs but it can steadily compound at 25-30% YoY for next 10 yrs

At 25% CAGR over 10 yrs, you get a 10 bagger

Keep expectations in check.

Lets talk results #lauruslabs

Always zoom out and view the results, never take a QoQ approach.

Here is how Sales, Op.Profit and PAT looks like when you zoom out.

The upwards trends continues.

No business will move linearly up or linearly down. pic.twitter.com/O9UUt1rEE5
— Tar \u26a1 (@itsTarH) July 29, 2021

$Tar \u26a1$

Tar ⚡
@itsTarH

120: It's just a power exchange
250: Electricity in India won't grow
300: It just makes 4paise per trade
350: MBED will erode it's profitablilty
500: Maybe what @itsTarH said about IEX = NSE + Zerodha was right
570: Buys IEX

#JourneyOfAPessimist

Zerodha + NSE = IEX \U0001f4a1\u26a1\ufe0f
— Tar \u26a1 (@itsTarH) June 20, 2021

$Tar \u26a1$

Tar ⚡
@itsTarH

#JUBLINGREA

Jubilant Ingrevia has broken Channel and RSI support for the first time since listing

In the absence of any immediate short term triggers, a sideways to down move is more likely than further upmoves.

FAQ's

Q. Am I selling?
A. No, I do not sell long term stocks

Q. Am I buying?
A. No, I am not

Q. When will I buy?
A. I don't know

Q. What is my Stop Loss?
A. I don't have any

Q. What is my Avg price?
A. Less than 350

Q. How to handle volatility?
A. I live for it

$Tar \u26a1$

Tar ⚡
@itsTarH

Cause everyone wanted to buy it at 300+ and no one wants to buy it at 200

Market is short sighted and loves to buy high and sell low

Sequent is a long gestation stock, it won't deliver it's real earnings until FY23-25

Not suitable investment for those who want 100% return/yr

@itsTarH hey Tariq, any idea why is Sequent falling?
— Vivek (@pa_stock) September 27, 2021

https://t.co/7ytUeSd7gg

Don't expect the earnings to go anywhere till FY23.
Real growth will only come post FY24.

I expect the stock to either correct or stay muted till then. https://t.co/lUQfzxojTO
— Tar \u26a1 (@itsTarH) August 10, 2021

A brief analysis and comparison of the CSS for Twitter's PWA vs Twitter's legacy desktop website. The difference is dramatic and I'll touch on some reasons why.

Legacy site *downloads* ~630 KB CSS per theme and writing direction.

6,769 rules
9,252 selectors
16.7k declarations
3,370 unique declarations
44 media queries
36 unique colors
50 unique background colors
46 unique font sizes
39 unique z-indices

https://t.co/qyl4Bt1i5x

PWA *incrementally generates* ~30 KB CSS that handles all themes and writing directions.

735 rules
740 selectors
757 declarations
730 unique declarations
0 media queries
11 unique colors
32 unique background colors
15 unique font sizes
7 unique z-indices

https://t.co/w7oNG5KUkJ

The legacy site's CSS is what happens when hundreds of people directly write CSS over many years. Specificity wars, redundancy, a house of cards that can't be fixed. The result is extremely inefficient and error-prone styling that punishes users and developers.

The PWA's CSS is generated on-demand by a JS framework that manages styles and outputs "atomic CSS". The framework can enforce strict constraints and perform optimisations, which is why the CSS is so much smaller and safer. Style conflicts and unbounded CSS growth are avoided.

Noah Smith
@Noahpinion

Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.

One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018

See this thing that @lymanstoneky wrote:

And see this thing that I wrote:

And see this book that @JamesFallows wrote:

And see this other thing that I wrote: