Please do read.

Src: Primedatabase website.

Cycles | S. Naren

More from Market cycle

Vipul jain
@Vipulja10222931

@varinder_bansal Realty sector main jaan aa rahi hai

Vivek Mashrani, CFA
@MashraniVivek

Do you know below companies were Most Valuable top 10 companies in India between 1995 to 2010..??

Where are they now? What CAGR returns did they generate? Why?

- Century Textiles
- Brooke Bond
- Hindalco
- Tata Communications
- IDBI Bank
- Indian Hotels
- Satyam Computer

(1/2)

- NIIT
- Zee Entertainment
- Indian Oil
- Himachal Futuristic
- Reliance Infra
- RCOM
- Suzlon Energy
- DLF
- Unitech
- Reliance Power
- Sterlite
- Jindal Steel
- Cairn India
- Coal India

This is how survivorship bias can be studied..

#investing #TechnoFunda

(2/2)

Christopher Bloomstran
@ChrisBloomstran

So, @elonmusk, you do know that the proposed tax on UNREALIZED capital gains on billionaires is just that, a proposal, right? Why would you burden yourself with an enormous tax until the proposal becomes tax law, which is highly unlikely? A couple questions for you. 1/

You note that as you earn no salary or bonus the only way to personally pay taxes is to sell stock. What became of the $22 million you received on the sale of Zip2, which you founded with your brother? After paying taxes on the realized gain, did you invest the net proceeds? 2/

After being fired by the PayPal board and replaced by Peter Thiel, PayPal was sold to eBay. You received over $165 million in eBay shares from the sale. Do you still own them? Did you pay taxes on any realized gain and invest the net proceeds? Surely you have non-Tesla assets? 3/

You have committed to owning all of your shares in Tesla for the duration. Why would you break your word simply on a tax proposal until it becomes law? I understand you invested $6.5 million in Tesla when you joined the company in 2004, the year following its founding. 4/

Since joining Tesla, have you made any additional investments in the company or is the majority of ownership derived from share grants? I presume you will ultimately sell shares to finance exercises of expiring stock options instead of continued borrowing and pledging shares? 5/

Shyam Sekhar
@shyamsek

In past cycles, operators took vulgar companies and made them look good.

Now, they take good companies and make them trade at vulgar valuations.

That is the difference.

Charlie Mungerilal
@CMungerilal

Some stocks are undervalued just because they underperformed in down cycle than their peers. The key thing to note is that they will outperform their peers in up cycle.

To sum up, try to find undervalued market leaders who underperformed because of down cycle of the sector.

Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits

Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their

Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019

Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time

Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods

Maurice Casey
@MauriceJCasey

I am reading through reams of late-1920s communist poetry and easily my favourite title so far is: "To a Lady who Rejected a Poem about Spring as a Petit-Bourgeois Deviation"

The last lines:
"So here's my hat into the air,
Three cheers for your amazing hair,
For coal mines, and for turbines, too,
For steel, the Comintern and you!"

A not exactly graceful (though possibly satirical) title: "Lines Disassociating Myself from Yessenin and Supporting the Otherwise Unfounded Legend that I am a Foremost Proletarian Writer"

An excerpt:
"Goodbye verses of Yessenin
Goodbye literary slop-
You are not the line of Lenin
You are not the line of WAPP

Never shall I moan a
simple lyric from the heart
I'll devote my new corona
to the proletarian art"

The poet was Joseph Freeman, who published much of his revolutionary verse in the New Masses, a stylish journal of the interwar American literary Left.

Andrew Chen
@andrewchen

👇Thread.

Published a new essay: The red flags and magic numbers that investors look for in your startup’s metrics – 80 slide deck included!

This was a deck that I created on my (longish) interview process with @a16z. It was a long path, starting with meeting folks at the firm 10 years ago. But the purpose of the deck was to explain how I would use my superpower in an investing context

Here's what I explain in the deck. As investors (whether angel or VC) we're often confronted with an up-and-to-the-right graph. Is it going to go up? Or down?

One solution to forecast these growth curves is the Growth Accounting Framework, where you add up New+Reactivated and subtract churned users. In each time period that gives you the difference in monthly actives.

The problem with this is that it's a lagging metric, not a leading one. We need to go one level deeper and look at the underlying loops that drive these numbers, to understand the quality.

$PC\U0001f30e\u262e$

PC🌎☮
@pc_432

Moderna CEO Stephane Bancel was previously CEO of bioMerieux in France from 07-10.

Alain Merieux, who owns bioMerieux, was instrumental in the creation of the Wuhan Institute of Virology P4 Lab.

The same people who helped create the virus, also helped to create the vaccines...

Moderna partnered with French Pasteur Institute in 2015 to develop mRNA vaccine technology.

Pasteur Institute partnered with the Wuhan P4 Laboratory in 2017 along with the Merieux Foundation to study emerging viruses...
https://t.co/yFsHwrNYaK
https://t.co/9M5lydBKhM

Nobel prize winning scientist Luc Montagnier asserts that Sars-Cov-2 is man-made and originated from the Wuhan Institute of Virology.

Montagnier did extensive work with the Pasteur Institute in France which was partnered with the Wuhan P4.

Merieux Foundation & the Chinese government have worked together since 1965, and partnered to study emerging pathogens in Africa in 2015.

Their research included "PATHOGENS CARRIED BY BATS" that provoke respiratory diseases.

🚨🚨🚨
https://t.co/gVwpT0ssqI