Chhath Mahaparva: Why in Bihar?

During the Vedic period, a demon called ‘Gayasur’ lived in ‘Keekat Pradesh’, a vast area spanning most of central India. He was an ardent devotee of Lord Vishnu. Gayasur was massive in size too. It is said that when he lay on the ground,

his head would fall in northern India and his legs in the Andhra region. Most significantly, his heart would lie in Gaya.

The devtas were very scared of Gayasur as he would often trouble them. They were desperate to get rid of him and so they approached Lord Brahma.

But Brahma said He was helpless because Gayasur was among the greatest devotees of Lord Vishnu and nothing could be done to the demon.

The devtas then went to Lord Vishnu but He, too, was very reluctant to end the life of His most ardent devotee. The devtas suggested to Vishnu

that He could at least allow a ‘yagna’, invoking His name, to be performed on Gayasur’s heart, which lay in the Gaya region.

Lord Vishnu reluctantly agreed and approached Gayasur, who realised that the performance of the yagna – that too in Vishnu’s name – would lead to his

instant death. But he couldn't refuse the request because he was a passionate devotee of Vishnu.

Lord Vishnu, in turn, blessed Gayasur that his name would never ever be forgotten. Vishnu ordained that the place where a yagna was to be performed on Gayasur's heart – that is,

Commandments of Investing Success!

Some of the key principles of investing that have helped me in my journey.

Retweet for Max reach!

🧵🧵🧵🧵🧵🧵🧵🧵

Commandment 1

Investing is a game of probabilities and not a game of possibilities. First thing that is the most important is to adapt your investing philosophy to your own circumstances. Eg:- if you are able to give less time to research then it is foolish to buy

concentrated positions or companies that are just emerging with a higher allocation.

Commandment 2

This is the one where I have been burnt in the past. Hopefully I have learnt my lesson, always pencil in conservative growth estimates. Let the business beat your low

expectations and then take a victory lap. At the end you are here to compound your capital and not look like a hero.

Commandment 3

Have both concentration and diversification work for you. Make a portfolio of 12-20 stocks. Look for different themes. Concentrate in your top

Positions (10-11 stocks) and the other stocks should be like football players who are warming the bench and willing to play as soon as they get on to the pitch to replace any stock (one) who is injured or cannot continue to play.

BEST VALUATION FACTOR

Price to earning below:10

Price to book below:2

5 years ROE:more than 20%

If you follow these points then you won’t overpay & your return would be bigger than anyone

it’s very tough to get any stock now but there were lots of stock last year
#investing

𝐀 𝐭𝐡𝐫𝐞𝐚𝐝 𝐨𝐧 𝐈𝐧𝐝𝐞𝐱 𝐅𝐮𝐧𝐝𝐬
This thread will help you to understand the index funds really well. If you want more of such threads in future,do comment the topic you want me to cover and don't forget to RETWEET! Let's start :

Who started it?
John Bogle, commonly referred to as Jack, is known as The Father of Index Investing and The Father of Index Funds. Bogle was born in Montclair, New Jersey on May 8, 1929.

What was the first index fund?
After graduation, Bogle went to work for Wellington Management from 1951 to 1974, but was fired because of a merger decision he made. In 1974, he found the Vanguard Group Inc., and in 1976 he introduced the first retail index fund the Vanguard 500

Why should we trust Bogle and not telegram rockets?
Although Bogle was initially mocked for his introduction of the index fund, he proved to be a true visionary and was even named as one of the “World’s 100 Most Powerful and Influential People” by Time Magazine in 2004

What is Vanguard's position right now?
Vanguard has grown to become one of the world’s largest investment management companies, with more than five trillion in global assets under management. Although Mr. Bogle died in January of 2019, his philosophy of index investing is ALIVE.

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.

Bootstrapped entrepreneurs always have the last laugh.

A son of Iranian immigrants turned a single LA retail store into a $1,000,000,000+ ecommerce giant.

All with $0.00 in funding

Here’s the story 👇🏽👇🏽👇🏽

1/ Richard Saghian was born in 1982.

His family was a minority group of Jewish-Iranians who fled during the revolution.

After moving to America, they got into women’s fashion retail.

In 2006, Richard followed in their footsteps…

2/ He started his own store. His idea was simple: affordable, unique clothes to wear to the club.

His goal was to open 100, but he stopped at 5.

Early on, he had the idea of opening up an internet store...

3/ The web dev he hired quickly talked him out of it, “where will you get traffic?” was a question Richard couldn’t answer.

After a few years, the retail stores were going nowhere…

4/ In 2013, Richard noticed several stores online selling the same clothes for over twice what he charged.

He created an Instagram account, took some of his best selling styles and started posting them every day.

At first, crickets.

But then, something magical happened…

12th house/Pisces placements:

There's something lonesome about you,

Something so wholesome about you.

You are closer to the divine.

Option selling strategy thread 🧵

*Capital must be above 6lac

*Target only banknifty (weekly expiry)

* Target 1/2% per week

* combine premium should above 100

Two types of strategy normally i use

⚡ directional

⚡Non directional (strangle)

⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.

(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)

✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.

Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.

If swing support broken then exit.

(Trending upmove)

✨Breakdown - when #banknifty gives breakdown range & (2/3 banks are weak or breakdown stage)

Mark it's swing high & start selling its 200 points above call .

If swing resistance broken then exit .

⚡Non directional (strangle) - when #banknifty and major banks all in range then mark their support & resistance zone.

Selling 200 points above calls of resistance zone & selling 200 points below puts of support zone.

When ever support & resistance break exit position .

Ten 90-day challenges for your mind, body and soul.

A thread...

1: Structured thinking

Our mind is buzzing with thoughts.
But when we start speaking, we fail to structure them.

What is needed, is a way to pace our thoughts.

That is where writing helps.

Writing is the slowest form of expression.
When we write, we are not just thinking about what we wish to communicate, we are also selecting the most important thought from all other thoughts.

Write everyday for 90-days.
And always conclude with a "This tells me that ________"

2. Confident speaking

We get conscious when it comes to public speaking.
Even if we are confident of the content.

Record a video of yours for 90-days, on ANY topic.

Do not share it with anyone.
Review it, identify improvements and correct them the next day.

3. Sugar craving

Whenever you feel like having sugar, drink a glass of water and then have sugar-free chewing gum.

Water fills your stomach.
Gum satiates your sugar craving.
Because you are chewing it, you can't have anything else.

90days and you won't crave for sugar anymore.

@warikoo's 90 days challenge.
A visual thread

1. Write

2. Speak confidently

3. Sugar craving

4. Read a lot.

Divine Mahaprasad of Mahaprabhu Jagannath ji 🚩

Mahaprasad is the term applied to the 56 food items offered to bhagwaan Jagannath ji in the mandir of Puri  #Odisha

The Prasāda offered to him and later to Maa Bimala devi is known as Mahaprasad.

@LostTemple7

The specialty of 'mahaprasad' preparation lies in its massive cooking by unique steaming process in earthen pots, kept on above the other

Mahaprasad are sold in Anand Bazar. It is the biggest open-air kitchen in the world where every day 1000s of devotees purchase & eat together

Mahaprasad is of 2 types.
1.Sankudi mahaprasad includes items like rice, ghee rice, mixed rice, cumin seed & asaphoetida-ginger rice & dishes like sweet dal, plain dal mixed with vegetables, mixed curries of different types etc.

Sukhila mahaprasad consists of dry Sweet food.

Daily Bhoga is offered five times to mahaprabhu.

1.Gopala Vallabha Bhoga: it is 1st offering to prabhu in the morning that forms his breakfast.

2.Sakala Dhupa:
it is the next offering at about 10 am in the morning.
it consists of 13 items including the
Enduri cake & Mantha puli

3.Bhoga mandapa bhoga: The next repast and the offering consists of Pakhala with dahi and Kanji payas. The offerings are made in the bhog mandapa, about 200 feet from the Ratna Vedi. This is called Chatra Bhog.

4.The Madhyanha dhupa forms the next offering at the noon.

Frameworks provide clarity in complex situations.

Here are 20 useful frameworks (on startups, investing, writing, & life):

The Feynman Technique

To learn anything:

Step 1: Identify a topic.
Step 2: Try to explain it to a 5-year-old.
Step 3: Study to fill in knowledge gaps.
Step 4: Organize, convey, and review.

True genius is the ability to simplify, not complicate.

Simple is beautiful.

Directional Arrow of Progress

"Study the undeniable arrows of progress." - @wolfejosh

The future is extremely difficult to predict—but there are clues.

Look at the trend line of progress and where it's pointing—directionally, not precisely.

Invest (or build) accordingly.

The Eisenhower Decision Matrix

Place all of your tasks on a 2x2 matrix of urgency and importance.

(1) Important & Urgent
(2) Important & Not Urgent
(3) Not Important & Urgent
(4) Not Important & Not Urgent

Prioritize, delegate, or delete accordingly.

The Regret Minimization Framework

The goal is to minimize the number of regrets in life.

When faced with a difficult decision:
(1) Project yourself into the future.
(2) Look back on the decision.
(3) Ask "Will I regret not doing this?"
(4) Take action.

जानिये क्यूँ की जाती है गोवर्धन पूजा 🙏🏻

“गोवर्धन धराधार गोकुल त्राणकारक।
विष्णुबाहु कृतोच्छ्राय गवां कोटिप्रभो भव।।

देवराज इन्द्र के अभिमान को चूर करने हेतु भगवान श्री कृष्ण ने, जो स्वयं लीलाधारी श्री हरि विष्णु के अवतार हैं ने एक लीला रची।

#GovardhanPuja

प्रभु की इस लीला में यह हुआ कि एक दिन प्रभु ने देखा के सभी बृजवासी उत्तम पकवान बना रहे हैं और किसी पूजा की तैयारी में जुटे। श्री कृष्ण ने बड़े भोलेपन से मईया यशोदा से प्रश्न किया " मईया ये आप लोग किनकी पूजा की तैयारी कर रहे हैं" कृष्ण की बातें सुनकर मैया बोली -

“लल्ला हम देवराज इन्द्र की पूजा के लिए अन्नकूट की तैयारी कर रहे हैं।”

मैया के ऐसा कहने पर श्री कृष्ण बोले मैया हम इन्द्र की पूजा क्यों करते हैं ?

मैया ने कहा वह वर्षा करते हैं जिससे अन्न की पैदावार होती है उनसे हमारी गायों को चारा मिलता है।

भगवान श्री कृष्ण बोले हमें तो गोर्वधन पर्वत की पूजा करनी चाहिए क्योंकि हमारी गाये वहीं चरती हैं, इस दृष्टि से गोर्वधन पर्वत ही पूजनीय है और इन्द्र तो कभी दर्शन भी नहीं देते व पूजा न करने पर क्रोधित भी होते हैं अत: ऐसे अहंकारी की पूजा नहीं करनी चाहिए।

लीलाधारी की लीला और माया से सभी ने इन्द्र के बदले गोवर्घन पर्वत की पूजा की।

देवराज इन्द्र ने इसे अपना अपमान समझा और मूसलाधार वर्षा शुरू कर दी। प्रलय के समान वर्षा देखकर सभी बृजवासी भगवान को लगने लगा कि ये सब श्री कृष्ण की बात मानने के फलस्वरूप हुआ

It's endlessly fascinating how economic datapoints get interpreted.

When I was in charge of a P&L, the guy who ran Finance for us and I had what we called the 'shelf plan.'

There were maybe 3-4 of us who knew it existed.

What's a shelf plan?
1/

Well it's a plan you keep on the shelf (full FP&A model), that you hope you never have to use.

It reduces forward hires, cuts back various line items (typically ad spend, travel, that sort of thing).

Oh, it also has a big fat RIF in there.

That's why we don't talk about it.
2/

Why have a plan instead of winging it?

Because this is where companies (particularly young companies) sometimes err. They do little cuts - 2-3% here and there, preserving as much headcount as they can, that sort of thing.

This is incorrect.
3/

If you're at the point where you need to make material changes to your forward P&L, at 2-3% RIF will be followed by another.

And another.

And this series of progressive cuts will cripple morale, incrementally reducing the productivity of the staff you retain to survive.
4/

And so the shelf plan cuts deep.

Your goal is to go from being a peacetime machine to a wartime machine, so you gotta lean out quick. Can't do that without a plan, hence the need to have one.

~30% cut is what you need.

And then you need to tell everyone left they're safe.
5/

I always knew that aiming low was the best path for me, and so I merely sought to learn from my betters a few practical mental tricks that would help me avoid some of the worst miscognitions common in my age cohort.

Most of the coins that will be in the top 10 of gaming crypto are still tiny OR haven't even launched a token yet.

You have time/a chance here to become one of those "I invested in bitcoin at $200" assholes (that everyone secretly wants to be).

500x gains. Focus.