Bajaj finance is 32% down from ATH
14 Jan 2022 ₹8050
14 may 2022 ₹5500
Volatility is part & parcel of investment
In last 4 years it's 3 Dip
24 Aug 2018 ₹2950
05 Oct 2018 ₹1920
29 Feb 2020 ₹4880
29 May 2020 ₹1900
Yet it's a 100X(in 12 years)
Need Nerves of steel.
More from Bajajfinancelongterm
Bajaj Finance at 6900 🤩🤩
Bajaj Finance cmp 6266, Breakout of double bottom pattern with bullish RSI divergence.
— The Anonymous Trader (@Anony_mous_Bull) July 22, 2022
Expecting levels of 6500/6750/ 7000. Support at zone of 5800-6000. Keep on radar.#BajajFinance #StockMarketindia #stocks #investing #Nifty #BREAKOUTSTOCKS pic.twitter.com/a5N0oj549T
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I like this heuristic, and have a few which are similar in intent to it:
Hiring efficiency:
How long does it take, measured from initial expression of interest through offer of employment signed, for a typical candidate cold inbounding to the company?
What is the *theoretical minimum* for *any* candidate?
How long does it take, as a developer newly hired at the company:
* To get a fully credentialed machine issued to you
* To get a fully functional development environment on that machine which could push code to production immediately
* To solo ship one material quanta of work
How long does it take, from first idea floated to "It's on the Internet", to create a piece of marketing collateral.
(For bonus points: break down by ambitiousness / form factor.)
How many people have to say yes to do something which is clearly worth doing which costs $5,000 / $15,000 / $250,000 and has never been done before.
Here's how I'd measure the health of any tech company:
— Jeff Atwood (@codinghorror) October 25, 2018
How long, as measured from the inception of idea to the modified software arriving in the user's hands, does it take to roll out a *1 word copy change* in your primary product?
Hiring efficiency:
How long does it take, measured from initial expression of interest through offer of employment signed, for a typical candidate cold inbounding to the company?
What is the *theoretical minimum* for *any* candidate?
How long does it take, as a developer newly hired at the company:
* To get a fully credentialed machine issued to you
* To get a fully functional development environment on that machine which could push code to production immediately
* To solo ship one material quanta of work
How long does it take, from first idea floated to "It's on the Internet", to create a piece of marketing collateral.
(For bonus points: break down by ambitiousness / form factor.)
How many people have to say yes to do something which is clearly worth doing which costs $5,000 / $15,000 / $250,000 and has never been done before.