New All Time High for PIIND!
Just stay the course and this superb management with a prudent capital allocation abilities will compound your wealth over the long term!
PIIND
— Saket Reddy (@saketreddy) February 7, 2021
The case for Reinvestment of cash flows through Capex or Diversification into sectors with similar/higher Incremental ROIC & Asset turnover and growth prospects rather than pumping out bulk of the cash through dividends, hence earnings compounding at a much higher rate. pic.twitter.com/KJAhbIc1zv
More from Saket Reddy
Today's closing is a monthly close and this is done & dusted, we now have a solid monthly close above the 10 year supply zone.
If the stock has broken out from a 10 year supply zone & a 20 year peak, surely something would've changed!
Do study the industry structure! https://t.co/zA3qztFzon
SAREGAMA at a very important juncture now on the monthly chart considering today's close is also a monthly close.
— Saket Reddy (@saketreddy) May 31, 2021
Nearing a breakout from over a 10 year supply zone! https://t.co/qpsSn3obrE pic.twitter.com/1xTmB6WvhK
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As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".