A. @abadjate Twitter profile

Pinned Tweet

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10 months

My biggest mistakes till date: Bot 10k Shares of Astral in 2011. (Pre-split pre-bonus). Exited in 2013 at 3x. Went up another 50x after Bot 50k Shares of PG Electroplast at 45 bucks. Exited at 65-70 pre covid. Today it's at 2400 Kill me. Kill me now 😭

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@abadjate

2 years

Let me tell you guys a story. I was a part of the institutional equities team that was bought out by Lehman Brothers in mid 2007. For those who don't know, Lehman was the top of league tables globally in the investment banking world right next to Goldman & even 1/n

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@abadjate

4 years

Let me tell u a story: I am someone betwn d age of 35-45. Married. Hve a kid. Wife doesn't work. Am a higher/mid level exec wid a large Co. I hve 5 yrs worth of savings in financial assets - stocks, bonds. I hve bought the flat tht I live in on a 20 yr loan in 2016. 1/7

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@abadjate

3 years

9.15am: First I will take a 2Lac rupee loan via a Digital lending mobile app . Time: 5 mins 9.20am: Next I will open a trading account with a discount broker. Time: 5 mins. 9.25am: Next I will watch three 2 min YouTube videos on trading options. Time: 6 mins 1/n

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@abadjate

2 years

Those rebuking S Jaishankar need to be given a basic 101 in economics and strategic warfare. India is currently running a trade deficit in excess of $100bn (3% of GDP) which cannot be wished away. China is and will remain a large economy than India for decades to come 1/n

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@abadjate

3 years

SAIL: Steel Authority of India Ltd. Let's discuss this stock. What if I told you that CMP of 95 = 20-25 rupees seen in March 2020 Yes. 95=25 I kid u not! How is that so? Ok so it's just a little bit of simple maths & I will take you guys through it. Read on. 1/n

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@abadjate

3 years

A simple hack to improve your SIP returns over the long term: Whenever 1/2/3/5/7 yr CAGR returns are <5%, buy the crap out of the mkt. Increase your SIP allocations aggressively. This is the WRONG time to stop! Converse when 1/2/3/5/7 yr CAGR returns are > 18%. Scale it down!

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@abadjate

2 years

From a poll I ran yesterday approx 15% respondents said that a 15% CAGR over 5 Yrs is too low Folks let me give it to you straight up: If you are able to make anything more than 12% CAGR frm the stock mkt over nxt 20-25 yrs, u will probably end up in the top 5% of the crowd

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@abadjate

2 years

US Markets lost $1.6 trillion yesterday That's 50% of India's ENTIRE market cap. Sure. Let's talk more about decoupling & how we are going to grow at 10% CAGR for the next decade selling Relaxo Chappals to the guy making 300 rupees a day (90% of our population)

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@abadjate

3 years

What happens to a Paint Company which is actually not a paint company but infact a SaaS coloring application which has predictive capabilities built in to estimate demand right upto d paint job needed in Jan'22 for guest bedroom on a 2nd flr East facing apartment below my flat?

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@abadjate

1 year

The biggest flaw in the Indian legal system is tht a person can simply get an FIR registered without providing any substantial evidence regarding the alleged crime When it turns out they were lying all along, both police & courts shrug their shoulders & luk the other way! 1/n

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@abadjate

4 years

Just 100 days ago SBI ITC and Bharti were the butt of all jokes... Today they are leading the charge from the front. Life always come a full circle. Similarly, Who is the butt of all jokes today ? Let's see after 100 days 😁

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@abadjate

2 years

But that can be true if we have the following two possibilities play out, either one or both: 1. Central Banks reverse their tightening measures and begin easing mode again v rapidly, bigger thn before 2. Earnings growth picks up dramatically even in face of global slowdown END

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@abadjate

3 years

Observed that 3 of 4 ads on an avg during this T20 world Cup match of IND-PAK are based on investing. Invest in stocks Invest in mutual funds Invest in crypto We have interesting times ahead !

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@abadjate

2 years

Just as 'Kerala Buffett' (people from 2016-17 smallcap cycle would remember whom I am referring to) went into oblivion, Coffee can experts who are in the business of 'buying quality at any price' will meet the same fate in the coming years Their pain is going to be much worse.

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@abadjate

3 years

Let me present some worrying data for the ages ... Statutory Warning: This is NOT for the faint hearted! No. of Retail shareholders 1. Yes Bank - Dec'21 - 4,100,815 Dec'20 - 3,231,181 Dec'19 - 1,618,325 Dec'18 - 886,957 Dec'17 - 400,910 Dec'16 - 194,238 1/n

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@abadjate

3 years

Let me tell you a story where everyone was a winner till the music was playing: Meet a group of HNIs. They decide to put $2.5mn in a VC fund as investors. Now this group of HNIs float a start up. They hire a few people, make a nice PPT and conjure up a biz model 1/6

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@abadjate

4 years

I am someone who is in the top 5-10% of the country by income levels. I am someone who has been the back bone of India's last 20 yr spectacular consumption story. I am d reason Godrej Prop, BaFin, HDFC, JubFoods, AsianPaints, Maruti etc got their valuations! What happens next ?

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@abadjate

4 years

I love my country. Yesterday I ran out of change to give to a rickshaw driver. He simply said you can pay me by phonepe or Google pay using my scanner code. The sum was just 20 rupees. This is the REAL revolution silently transforming this nation.

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@abadjate

3 years

The way Indian investors are singing virtues of Indian companies trading at obscene valuations it feels as if Indian stocks are today the greatest gift to mankind on earth since the invention of the light bulb by Edison in the 19th century.

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@abadjate

5 years

Did u know ? After BBTC broke out of a 20 yr consolidation phase , it generated 82% CAGR over next 3 Yrs ? After ABB broke out of a 10 yr consolidation phase, it generated 63% CAGR over next 3 Yrs ? More to follow ...

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@abadjate

2 years

Ridham Desai's latest bullish spiel is simply old wine new bottle This picture has been going on for the last 15 yrs But each year they keep coming back and talk about the "next ten years belong to India" with a brand new flashy report Take all of it with a tablespoon of Salt

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@abadjate

3 years

11.45pm: Tweet / Msg my 5 followers on SGX Nifty, Dow Jones, Nasdaq, Crude, Gold and Bitcoin. Their life depends on my tweeting 12.30am: That's it folks . Done for the day ! See ya losers tomorrow! ~Fin~

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@abadjate

3 years

The era of PSU Banking stocks has probably come. They should be out of the gates soon enough. And yes even if they fall in a market correction, they will mostly be the first and the fastest to rise in any mkt recovery going forward.

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@abadjate

2 years

@thedumbtrader Try @AAstrogann . One of the best guys on spotting reversal / continuation trades on Nifty that I have personally observed over the last year or so !

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@abadjate

5 years

Next time your favorite stock hits 3 consecutive UCs, kindly write a thank you note to yourself for your brilliance When shit hits the fan, beg for changing of the rules. And these people call themselves fund managers. 🤦🏻‍♂️🤦🏻‍♂️

Varinder Bansal 🇮🇳

@varinder_bansal

5 years

Thank you @SEBI_India . Over to @RBI

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@abadjate

2 years

Of the +300 PMS/AIF schemes listed on on a popular PMS platform, only 128 hve completed 5 yrs or more in terms of live performance as on 31/12/2022 What's concerning is tht 80 of those 128 (63%) of those portfolios hve underperformed BSE500 considerably 1/n

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@abadjate

4 years

My Mkt contra indicator has kicked up! Shankar Sharma, Ridham Desai and Ruchir Sharma have now all finally become extremely comfortable with the long equities trade in the past few weeks... Let's revisit this indicator in December, shall we ? 😅

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@abadjate

4 years

A fun thought: If a hyped Telecom stock, which was standing at the gates of a multi decade BREAKOUT just 4 months ago is sliding towards its March lows, Then imagine wht can happen to d rest of the mkt when d narrative changes. Horror show likely betwn Oct'20 - Mar-21?

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@abadjate

4 years

It is is 2030 AD: I am in my home, powered by a JIOFibre connection, watching JioTV thru JIO set top box, msging d local JioMart from my JioPhone & ordering my preferred staples & junk food made by inhouse Reliance Brands paid thru a JioMoney wallet 1/3

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@abadjate

2 years

Yesterday I said tht perhaps we r still some time away from a "Possible" durable market bottom. Why do I say that ? A thread with certain tables & graphs Mind you: Mkts are like the multiverse. There are infinite ways in which things can ultimately play out! So here goes 1/n

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@abadjate

3 years

Here are some interesting Statistics about India to give you some perspective: 1390mn - Total Pop 1030mn - Literates 600mn - Use smartphones 500mn - Employed People 490mn - Use Whatsapp 450mn - SBI Customers 440mn - Facebook Users 420mn - Jio Users 384mn - Informal Workers 1/7

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@abadjate

3 years

Having been a credit analyst i can safely say at such an action by Western rating agencies clearly spells out tht ratings r just a tool to show countries their place. It's not really abt debt servicing capabilities which is actually wht shuld be looked at by any credit analyst!

Investing.com

@Investingcom

3 years

*S&P CUTS RUSSIA'S RATING TO JUNK, MOODY'S ISSUES JUNK WARNING - RTRS 🇷🇺🇷🇺

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@abadjate

2 years

Did anyone notice tht USL did a strategic sale of a portion of their product portfolio (Revenues of ~1300crs, 15% margins) for a valuation of ~800crs. That's <1x Sales Yet the bal 8000crs (17-17.5% margins) is currently being valued at 58,000crs by the mkt which is >7x Sales! 🤷🏻‍♂️

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@abadjate

2 years

I want it all: 20% CAGR for next 30 years on my long term portfolio 10x in 2 yrs on that midcap stk 1% per week writing weekly options 3% p.m. writing monthly options 10-20-30lac made in a single session trading long options Buying that multi hour breakout & wanting 20% UCs

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@abadjate

5 years

People are forgetting this simple math: A 20trn economy (USA) growing at 3% adds 600bn in absolute terms to global GDP A 14trn @ 6% (China) adds almost 900bn A 2.5trn @ 7% adds a paltry 175bn And the 2.5trn economy is supposed to be destiny's child 🤦🏻‍♂ No further comments.

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@abadjate

2 years

It doesn't really surprise me how many folks that I speak to today are shocked and stunned when I tell them to prepare for a low return environment in Indian equities over the coming decade We are possibly facing a prospect seen 30 years ago - the lost decade of 1992-2002 1/n

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@abadjate

3 years

At 120-130% Mcap / GDP we have market experts publicly chanting: 'Mother of all bull markets is yet to come" Want to know what a real "Mother of all bull markets" is like? Between 2002-2008 when Mcap / GDP ratio went from 20% levels to 120% levels (approx).

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@abadjate

3 years

Miss those days in October 2021, when markets opened gap up after gap up, without any rhyme or reason, Investors having starry 10 year horizons in their eyes, Adorning the pic of RJ meeting Modi, Chanting 'This decade belongs to India', While buying up stocks at +50x earnings...

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@abadjate

2 years

From the highs of 1929 to the low of 1980, Dow Jones fetched a CAGR of less than 2%. So much for 'buy for long term' . Tell that to a 75 year old guy in 1980 who started his retirement planning in 1929 at the tender age of 24

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@abadjate

2 years

When it comes to Nifty levels I have no idea how he does it but seriously #Hattip !

AstroGann Traders

@AAstrogann

2 years

As expected, Friday low in #Nifty broke and we opened a big gap down! Please retweet for maximum reach! #Stockmarketcrash #Gann

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@abadjate

2 years

At 10% CAGR for the coming decade. Yes the decade of 2008-2018 or one could say 2010-2020 was a decade that would belong to India. 10% REAL growth rate mind you. Now remember that 2003-2007 was an Era of pure absolute MAGIC. Stocks had literally gone up 30-50x 5/n

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@abadjate

2 years

We had no clue what fate awaited us. We had simply shut down. On the trading floor with no work, we actually used the office LAN and started playing the game "COUNTERSTRIKE" between colleagues! Meanwhile around us the world literally melted away. 18/n

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@abadjate

2 years

'Yes this is the proverbial bottom' because our mind today is conditioned to simply look at the play book of tye last few years and believe that each fall is a buying opportunity. We simply cannot imagine a world where bear markets can last for a couple of years 24/n

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@abadjate

5 years

Look for stocks which have consolidated like crazy. Some examples which are WIP: SBI - 9.1 Yrs consolidation ABB - 12 Yrs consolidation Tata Pow - 12 Yrs Consolidation What can possibly happen in these names betwn 2020-2024?

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@abadjate

2 years

If #AsianPaints went back to its ATH of 3600 by 2033 (28% upside from CMP) + profits tripled to ~12,000 Crs (12% CAGR - Last 3/5/10/15 yr PAT CAGR was on an avg 13%) The 25 Yr Stock Px CAGR would STILL be 15% and the stock would STILL be trading at ~30x FY33 PAT 1/n

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@abadjate

2 years

Our team at Lehman published a major flagship report in October 2007. So much that we even kept a party at the Taj Mahal Hotel to inaugurate the report called "India: Everything to play for" All the bigwigs attended this party. From the top CIOs of Mutual Funds 3/n

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@abadjate

2 years

My father purchased our house back in the early 90s when he was basically my age today. I can't afford to buy the same house today at prevailing prices . And I don't think I will be able to afford it in this life time. This is playing out everywhere globally.

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@abadjate

1 year

Be EXTREMELY EXTREMELY careful while selecting ur life partner B EVEN MORE CAREFUL especially when dating or being in a relationship with a girl Judge her basic mentality & value system, family background before anything else Keep ALL electronic records U hve NO IDEA 10/n

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@abadjate

4 years

Seriously amused at the clichéd one liners across social media wrt stocks "Bhaav Bhagwaan Che" "Long way to go" "Abhi toh party shuru hui hai" When stk prices r sliding then normal refrain goes like "What is the govt doing?😡" "Fire the FM" "Remove LTCG" "Bandh kar bazaar"

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@abadjate

2 years

Weekend Thread 👇👇 YES BANK. Folks love it for some reason. Many fantasize, publicly mentioning glorious stock price targets of 100-200 & even reaching it's ATH of +300 ... all in a matter of "next few years" So let me bust their bubble 1/n

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@abadjate

2 years

At one point in 2002-03 the Sheth builders were struggling to book sales at 5000-6000/psf. In 2007 it was almost sold out at 35,000-40,000/psf. So basically the only thing people knew was that stocks only went up. And between 2003-07 you had ur share of 2 flash crashes 7/n

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@abadjate

3 years

Now I leave it to you all to decide how you want to interpret the above data. One thing I know in my 17 years of biz - there ain't no free lunch in the mkt. And right now folks are piling it on in some hot counters like never before... I wish them all the best! ✌️Out ~fin~

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@abadjate

2 years

Crashes to the tune of +30% in 2004 and 2006 But each time markets rebounded strongly But mind you this was on the back of a real prosperous Economy which was roaring through those years Old economy companies were growing toplines at +25% CAGR & bottomlines at +40% CAGR 8/n

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@abadjate

2 years

Let me tell you why india is a joke on capitalism: The top 2 families in USA r worth ~$350bn in a ~$22,000bn Economy That's 1.6% concentration of wealth The top 2 families in India r worth $250bn in a ~$3,200bn Economy That's a ~8% concentration of wealth at a national level

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@abadjate

2 years

The money made in 4 years was unparalleled to none. There was indeed a lot of prosperity all around. Even real estate had started to make folks tons and tons of money. I mean there was this project called "Beaumonde" in Prabhadevi, Mumbai. 6/n

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@abadjate

2 years

A cut above the Morgan Stanley's and JPMorgans of the world at the time. (From an employees point of view: The employee compensations, the work place, the quality of people, everything was absolutely top notch) Now let's get to the story at hand 2/n

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@abadjate

5 years

Why short selling is healthy and shouldn't be banned: It ensures the survival of fittest. Those who had the ability to take the right call and sit on cash would be able to take advantage of melt down in a market crisis. The lazy money managers who were simply chasing (1/6)

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@abadjate

2 years

Again there is a back drop to this. Back in 2002-03 most of these old Economy companies had completed a 10 year down cycle of having done ABSOLUTELY NOTHING in terms of either business growth or share price performance. AND THEY WERE RIDICULOUSLY FRIGGING CHEAP. 9/n

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@abadjate

2 years

To celebrity investors like Rakesh Jhunjunwala. I personally remember observing him from a distance, enjoying all the folks in the room fussing over him (guess nothing has changed since! 😅) Anyways the main theme of our report was the prediction that India would grow 4/n

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@abadjate

2 years

Since 2009 liquidity has been on an overdrive. This is what has been THE PRIMARY DRIVER of this entire bull cycle in India since 2009. Essentially our markets have been making series of higher tops and higher bottoms since. And each upcycle has seen certain sectors 22/n

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@abadjate

2 years

Again fun fact. Back in 2003 the 10 year GSECs Yields had bottomed at below 5% So in 2003 you had a the real chance of a LIFE TIME to buy stocks at low multiples alongside really low interest rates! The earnings yield of stocks were HIGHER than Bond yields at the time. 10/n

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@abadjate

2 years

Then came January 2008. The first Crack came. We made an interim bottom and v quickly rebounded. BUY THE DIP mode was firmly in place. I mean that is all people knew at the time. They had 4 years of stocks only rising post each dip as the playbook. 12/n

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@abadjate

3 years

The current COVID wave has ravaged India. Hearing sad stories of affected families across the length & breadth of this country. I have decided to contribute 10% of my yearly salary towards helping those who hve been badly impacted Any verified leads wuld be much appreciated 🙏

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@abadjate

4 years

@RahulParasrampu Indeed ! I told the story of a more fortunate upper middle class guy. Trying to put ground realities in sync with the crap lies being sold on biz tv channels by expert fund managers who r rejoicing at the mkt bounce in expensive "quality " stocks

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@abadjate

5 years

Guys, investing is NOT supposed to be a comfortable exercise! When Vix is at all time lows, SELL ur stocks as if d sky is gonna fall on your head! & When Vix is at all time Highs, buy stocks wid money borrowed frm a loan shark! Is EXACTLY d kind of thing whch will make u RICH!

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@abadjate

1 year

My msg to good hearted Indian males out there: Saavdhan Raho. Satark Raho Unlike the west, if u get a bad woman in ur life, she will try to mess ur life up in ways u can't even imagine by using provisions under the IPC Look for the warning signals early on Stay safe! ~Fin~

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@abadjate

2 years

US markets had already topped out in July 2007 as the housing crisis had slowly and steady taken footing there Our party continued and "Decoupling" was a pretty widely used world at the time Stocks in India had actually doubled in the final 6 months of 2007 11/n

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@abadjate

2 years

Today Nifty is likely to open -200 negative Appealing to all 10 Cr demat account holders. Pls do your national duty and log in at 9.15am and keep pressing the BUY button until u have finished emptying your neighbours bank account as well. We cannot fall. We must not fall.

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@abadjate

2 years

If Adani claims to do be involved in 'Nation Building' then so are Paytm, Zomato and Nykaa. Collectively they employ and touch as many peoples livelihoods as does Adani, no ? And Larsen bhi Roads, Ports, Railways mein kaam karta hai. Lekin sirf Adani does 'nation building'?

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@abadjate

2 years

The real action isn't the FPO It's the bond Mkts. The group has a big ass borrowing program lined up over the next several years to fund their growth ambitions Credit markets are seldom unforgiving. If they don't get access to cheap debt, it's #GameOver #AdaniEnterprises

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@abadjate

2 years

Modi for all his limitations (he is human after all) understands this and hence came in atmanirbhar. We can't become a strong economy simply on back of services alone. You NEED a strong self reliant and cost competitive manufacturing base within your own borders 4/n

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@abadjate

3 years

So the HNIs become super HNIs. They basically turned their original capital of $2.5mm into a stake worth almost $800mn on paper in 12-18 months. Now take a step back and imagine how long this game can be played. And who ends up being the looser in the end? 6/6

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@abadjate

3 years

Harshad Mehta: I created Wave 1 of the bull mkt Ketan Parekh: What was I then ? A corrective wave? 😢 RJ: you guys keep fighting while I create Wave 3: The 'mother of all bull markets' No offence intended! @piyushchaudhry 😅 #Elliottwave #StockMarket #PJ #humour

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@abadjate

2 years

They say that it's the calmest in the eye of the storm. That was really the case with us! However back to markets. So what the Lehman event actually ended up doing was that it quite literally caused the entire banking system worldwide to "Freeze" up. 19/n

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@abadjate

5 years

Something is changing in a few Tata group cos Tata pow Tata Chem Tata Global Indian hotels Tata steel Tata metaliks Tinplate Rallis Fundamentally & technically both factors seem to be lining up Nxt 5-10 yrs may be v different 4 some of d abve stks Time to dig deep !

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@abadjate

1 year

Meanwhile the mental and physical harassment metted out to the other side, the colossal wastage of precious govt machinery & resources and financial drain is REAL. Yet no real action is taken against such mischief! Ridiculous. There needs to b serious punishment 2/n

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@abadjate

2 years

Once u attain that, u gain ability to face supply shocks tht can come as a result of any hot war Fun fact: For all our chemistry prowess, India is still heavily reliant on China for KSM and APIs. Almost 70-80% STILL comes from China. This stuff is used in making medicines 5/n

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@abadjate

2 years

It was actually much lower and around May 2008 that folks started to get worried. Expectations had started to temper. A global crisis was underway. And my firm, Lehman Brothers had shown the first rumblings of the troubles inside it's shaky balance sheet 13/n

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@abadjate

4 years

Guys it is my heartfelt request to everyone tht this Diwali/Dussehra please buy LOCAL. Support d small thelawalas, hawkers, shopkeepers & artisans. Dont blow all ur money on Amazon or flipkart unless ur buying from local suppliers! Let's bring more smiles this festive season! 🙏

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@abadjate

2 years

Lehman India was well capitalized (this was indeed true & saved our asses in Oct'08 when Nomura took over Lehman India) The Indian markets were choppy bouncing from points of optimism to points of pessimism between Feb'08 to Sep'08 And then came the Sucker punch in Sep'18 16/n

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@abadjate

2 years

Shoot me if you'd like, but I would be a buyer of Chinese equities here. Especially the Chinese tech giants. Shove it. Shut it. Forget about it. And open the time capsule in October 2032. Allocation? Well, I would personally go with ~5% allocation

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@abadjate

2 years

Just did this exercise to chk if this entire rally in #NIFTY stinks or not Universe: BSE500 (basically top 500 listed stks) 318 stks hve undr/perf Nfty since Diwali (205 gave -ve retrns) 340 stks hve undr/perf Nfty since 10th Nov (206 gave -ve retrns) New ATH is meaningless!

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@abadjate

2 years

Being the torchbearers of that short term super cycle run, be it 2009-11, 2013-15, 2016-17, 2020-21. Some have seen longer runs (pharma - 2009-15) Now the reality is this: Just as in Feb 2008 or May 2008, today we are being conditioned to believe that 23/n

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@abadjate

2 years

In October 2021 at 18600 Nifty levels "The outlook is promising: Indian equities look attractive from a 10 year perspective " In June 2022 at 16000 Nifty levels "We advice caution: Indian equities still look expensive and have room to correct further"

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@abadjate

2 years

I think the whole fixation on running screeners on only 'zero debt' companies is a very wrong idea. Some of the greatest investing opportunities come up when debt heavy companies go through a beautiful organic deleveraging cycle. Investing is NOT supposed to be EASY!

12

3

86

A.

@abadjate

2 years

6 months passed by and we traded in a tight range while gradually drifting lower. Then on 9th March 2009 the proverbial bottom was put in place. All thanks to the FED PUT. They started Quantitative Easing. This along with engineering a record fall in interest rates. 21/n

1

87

A.

@abadjate

2 years

The bankers to the Adani FPO have burned the midnight oil to get 3000crs anchor book filled. With some really dubious names I might add Q is who will now come in with the balance 7000crs? Tht too when CMP is well below the floor price? Desh bhakt retail investors? 🤣

11

8

89

A.

@abadjate

2 years

Lehman US filed for bankruptcy and we went into a huddle. There were strict instructions from above not to give any statements in the press. There were vans from CNBC, ETNOW parked below our offices at Ceejay House, Worli, Mumbai. It was a horrible sickening feeling 17/n

1

86

A.

@abadjate

2 years

India Free Float Mkt Capitalization is approx. $1.7 trillion Indian HH Savings in FDs stands at approx. $1.2 trillion Those who say that money should incrementally flow frm FDs to Equity basically want their favorite paints company to go frm 80x P/E to 200x P/E No room left!

7

85

A.

@abadjate

1 year

For those looking to get married or facing marital issues, it's best you 1. read up on 498A, 406, 376, 377 of IPC, DV Act, and Sec 125 of CrPC 2. judgements passed by the SC and HC 3. the procedures and rights of women in this country & (lack thereof) for men 9/n

1

25

85

A.

@abadjate

1 year

Curse me as much as you want but sorry folks, we are DONE for 2023 on Small and Midcaps. Broader market carnage is around the corner IMHO. Once that's over, it will be back to good old "stock picking" which honestly most folks actually Suck at.

A.

@abadjate

2 years

Charts indicating there is a very strong possibility of GHANGHOR TEJI in SMALL CAP Stocks over the coming few quarters Caveat: December lows on BSE SMLCAP Index should be respected! Check out your favorite flexicap / smallcap mutual funds if stock picking is not your forte!

4

2

30

13

9

88

A.

@abadjate

2 years

An old hand in the mkts since pre Harshad Mehta. We barely sat down on our chairs when he asked us point blank "So. When are you guys going bankrupt?" We fell off our chairs and made defensive arguments about how our balance sheet was strong and how 15/n

2

84

A.

@abadjate

2 years

Let me end this by saying that I am no Geopolitical expert but I simply look at numbers which clearly tell a story that this is not the best of times to do chest thumping and war mongering. And hence I presented my world view. Folks are free to voice their own opinions! ~Fin~

7

6

87

A.

@abadjate

2 years

I remember I at the time I used handle the account of one of the largest Private life insurance companies in India. Clients had started question and holding back from doing biz with us. I took my head of research and head of sales with me to visit the CIO who was 14/n

2

1

84

A.

@abadjate

2 years

In the process of freezing up, there was a total freeze of global trade & the wheels that churn the economy Investors in such a scenario basically went into liquidation mode. What could be sold was sold. And parked into the safest instrument available. Eg. US treasuries 20/n

1

84

A.

@abadjate

3 years

Let me bust a few myths. Total India Mcap $3.5trn Free Float: 43% or $1.5trn Actual free Float (after accounting for PAC + benami shares + long term holders who don't step into the mkt for decades etc) : $1trn Top 100: 78% of total Mcap Top 500: 95% of total Mcap 1/4

8

30

82

A.

@abadjate

2 years

Once the correction is over in #Metal stocks, "valuation wise" some of them could end up being cheaper than March 2020 lows I wuld b a long term buyer in metal stocks. Won't expect miracles in the next 1-1.5 years but there may a much larger run in the offing later this decade

7

3

79

A.

@abadjate

3 years

10.15am: Log into Twitter and see who can be trolled 11.15am: fresh from my maiden victory I decide to start my own telegram channel 12.15pm: I post my first LIVE trade (yes another BUY idea) 3.29pm: I give 'timely' exit instruction to all my 3 group members 3/n

1

0

81

A.

@abadjate

3 years

9.31am: Wait for 9.45 candle (because youtuber trader said not to trade for first 30 mins) 9.45am: Punch in my first BUY order (well because that is all I was taught in all 3 videos - where is the BUY button on screen" 10.15am: 30 mins is too long so I close my trade 2/n

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82