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Ravi Dharamshi Profile
Ravi Dharamshi

@ravidharamshi77

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Following
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Equity Portfolio Manager. Views on Indian Equities. Retweets are not endorsements. No Stock recos. #InvestorFirst

Mumbai
Joined March 2011
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@ravidharamshi77
Ravi Dharamshi
2 years
That awkward and happy moment at airport when Kumar Sanu and your God are in the the same flight and everyone rushes to meet Kumar Sanu and you have exclusive time with your god. #whitenwhite #rkd #humility
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@ravidharamshi77
Ravi Dharamshi
4 years
Divis Labs IPO came at ~200crs Market Cap in 2003. @MadhusudanKela for Reliance MF bought 10%+ stake. Divis had 200crs turnover and today it will do profit it excess of 2000crs(Est). Divis never raised any more money. Hats off 🙌 to Entrepreneur and stock picker. #WealthCreation
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@ravidharamshi77
Ravi Dharamshi
3 years
Time for a thread on learnings from RJ. Succinctly put together by my friend and colleague Prashant Desai. #learningsfrommarkets #RakeshJhunjhunwala 1/9
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@ravidharamshi77
Ravi Dharamshi
5 years
This is called Doodh ka doodh and paani ka paani. Courtesy Whatsapp Fwd.
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@ravidharamshi77
Ravi Dharamshi
3 years
Finally I also own a unicorn 🦄
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@ravidharamshi77
Ravi Dharamshi
1 year
Fitting tribute to Shri Rakesh Jhunjhunwala as Ashoka University opens Rakesh Jhunjhunwala school of economics and finance. Cannot believe he is no more amongst us. Sorely missing his optimism and take on Indian markets and economy. #legend #investinggreats #rakeshjhunjhunwala
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@ravidharamshi77
Ravi Dharamshi
3 years
Liquidity chases rising profits
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@ravidharamshi77
Ravi Dharamshi
2 years
This table puts the extent of FII selling and its impact in proper perspective. GFC led to 5.2% selling of FII holding while in the current period they have already sold close to 4.2% which is higher than all other period except GFC. #fiiselling
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@ravidharamshi77
Ravi Dharamshi
5 years
Food for the thought Gruh finance 23,000 market cap Profits 450 Cr Yes bank 27,000 Cr Profits 4200/ 1720 Cr Indiabulls 28,000 Cr Profits 3,720 Cr Now markets know - there’s more to numbers than just pure metrics like PE and PB. #markets #artnotscience
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@ravidharamshi77
Ravi Dharamshi
4 years
Lot of people feel that market memory of 2008 is forgotten. March 2020 was a stark reminder on 2008 (in case it was forgotten). I feel market memory of 2003 - 2007 is forgotten. People have forgotten what a bull market feels like. Why is it imp to know this is bull market? 1/7
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@ravidharamshi77
Ravi Dharamshi
6 months
Broadest wealth creation. Totally opposite of “HRITHIK” stocks of 2017-2019. HRITHIK phase taught people “Quality” so much that they forgot what happens when economic and market cycle turns. Genius has not been in buying these stocks but in holding them. 1. *1000x baggers : 2
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@ravidharamshi77
Ravi Dharamshi
4 years
Anatomy of a Pump and Dump 1. Make sure all stock is cornered, 2. Acquire a company supposedly in "Hot" space, 3. Change the company name, 4. Make sure stock goes 4-5x up, 5. Change hands with investor names sounding like marquee investors, 6. Draw in retail by activating brokers
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@ravidharamshi77
Ravi Dharamshi
2 years
Witnessed one of the best game ever. Electrifying @mcg Chak de India #indiavspak #t20wc2022
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@ravidharamshi77
Ravi Dharamshi
3 years
API is structurally a poor business. It’s impossible to make good ROIC unless you make 30%+ opm as it’s cap and w cap intensive. Only 2 companies make those kind of margins. Rest all have always been wannabes. Without industry tailwinds these guys can’t achieve much.
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@ravidharamshi77
Ravi Dharamshi
7 years
Irony is that short term trader are most upset with LTCG.
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@ravidharamshi77
Ravi Dharamshi
4 years
For all the Suez Canal experts, become the real expert, navigate the ship yourself...
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@ravidharamshi77
Ravi Dharamshi
3 years
Day traders pay ‘inconvenience’ fee #IRCTC
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@ravidharamshi77
Ravi Dharamshi
3 years
Stunning moon rise over Fateh Prakash Palace, Udaipur
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@ravidharamshi77
Ravi Dharamshi
5 months
Dilemma. Go home or enjoy the view? #newcorneroffice
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@ravidharamshi77
Ravi Dharamshi
11 months
No rational mind wants there to be a euphoria, let alone participate in it. And suggesting that there will be one is frowned upon. However, I believe in being an observer of setups and trends rather than prescriptive about what market should do. Swinging from one extreme to
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@ravidharamshi77
Ravi Dharamshi
4 years
If someone had told me your portfolio will fall 30-40% in month of March I wouldn’t have believed him/her. If some1 had told me it will recover 55-60% of the loss in April, I wouldn’t have believed him/her either. #markets
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@ravidharamshi77
Ravi Dharamshi
3 years
Peeps, 2.4Lcrs demand for IPOs does not mean anything (for markets). That money was never meant to be deployed in the market. It is the lending book of NBFCs which is temporarily deployed in IPO (7 days) and then will rotate into another IPO. #ipomania #Markets
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@ravidharamshi77
Ravi Dharamshi
3 months
Sins being committed by market participants in the market currently By Bullish minds - Extrapolating growth of some themes way into the future - Assuming current times will last forever - Disregarding risks of execution - Double counting what’s probably factored into the stock
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@ravidharamshi77
Ravi Dharamshi
6 years
If Crude trades around or below these levels....CAD for FY19 will be wiped out infact we might move into surplus, from an earlier estimate of > $30bn deficit.
@ravidharamshi77
Ravi Dharamshi
6 years
Crude makes new low in Rupee terms. Gods are smiling on India. #Markets
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@ravidharamshi77
Ravi Dharamshi
3 years
I firmly deny evincing any interest in buying any stake in RBL bank - RD 🙏🏻😜
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@ravidharamshi77
Ravi Dharamshi
3 years
Forward Integration of another level 🤔
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@ravidharamshi77
Ravi Dharamshi
3 years
Clear Mumbai Skyline
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@ravidharamshi77
Ravi Dharamshi
4 years
Newly lit Rajabai tower, full moon in PJ tower backdrop. Charm of Mumbai. #mumbai pic credit unknown
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@ravidharamshi77
Ravi Dharamshi
5 years
Your ability to predict election (50%) X Your ability to predict market reaction to that (25%) X Your ability to Withstand volatility (10%) = Your chances of making any money on election results (1.25%) #Elections2019 #Markets
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@ravidharamshi77
Ravi Dharamshi
5 years
Money is made in equities by not getting scared out of it and current times are designed to scare you out of them. Build conviction, Reshuffle portfolio and HOLD onto it for next 3 years. You will not regret. #Markets
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@ravidharamshi77
Ravi Dharamshi
3 years
After being shy and in the shadows. After going through some gut wrenching times. We are shedding our inhibitions. Will take the bouquets and brickbats with equal enthusiasm. 🙏🏻 @sameervq @VQIndia
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@ravidharamshi77
Ravi Dharamshi
8 months
FPI holding of Indian Equities at a 10 year low, right when Indian fundamentals have never been better. #Indianmarket Source: Isec
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@ravidharamshi77
Ravi Dharamshi
8 months
- Totally agree with Chris. FIIs as a group have been caught on the wrong foot in India and just like being invested in China was hard to explain to their investors, now not being invested in India will become tough to explain. #Indianmarkets
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@ravidharamshi77
Ravi Dharamshi
5 years
3.5 years of Brexit torture coming to an end? 8 months of China trade deal seeing signs of light at the end of the tunnel. Govt & RBI focusing on reviving growth in the economy. #Markets
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@ravidharamshi77
Ravi Dharamshi
5 years
9:15 What is Market - Down 10% 2:30 What is Market - Down 15% 3:30 - What is Market - Down 18% FM: We are monitoring the market thrice a day....🤨
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@ravidharamshi77
Ravi Dharamshi
3 months
Believe it or not. Saying something bullish about market at this point is almost a contrarian view. So many wise people warning against the mania in the #markets
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@ravidharamshi77
Ravi Dharamshi
5 years
Cash, Courage and Conviction. If you have all 3 then you are king. Markets teach us the same lessons over and over. Nothing has ever changed in markets, nothing ever will. #Markets
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@ravidharamshi77
Ravi Dharamshi
6 years
Successful speculators (1000s in the world) —> Also Successful Investors (less than 100 in the world) —> Also Successful Entrepreneur (can possibly counted on fingers). Only 1 who has achieved the peak in all 3. #RKD 🙌🏻
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@ravidharamshi77
Ravi Dharamshi
4 years
Recap of my tweets over the last year. For those who have been following me, hope you found them useful. #markets #vqtweets @VQIndia . Big Thank you to my son, who made this video for me.
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@ravidharamshi77
Ravi Dharamshi
5 years
This is that stage of the market where economist can’t figure, political analyst can’t figure, journalists can’t figure, people focusing on high frequency data can’t figure...why the hell is market going up. Most of them will figure post facto. #markets
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@ravidharamshi77
Ravi Dharamshi
4 years
Some of the valuations need to correct at the least 30%-40% before they become attractive again. #markets
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@ravidharamshi77
Ravi Dharamshi
6 years
I am pretty sure markets have bottomed for next 2 days. #Markets
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@ravidharamshi77
Ravi Dharamshi
25 days
Concerns raised in last 18 months 1. Valuations 2. Midcap Valuations 3. Small cap Valuations 4. SME Shenanigans 5. Supply of paper (remember how all PE exits and promoter sale was being spoken about as smarter people selling to dumb people) 6. India Election 7. India budget
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@ravidharamshi77
Ravi Dharamshi
6 years
1. Leveraged promoter is forced to sell 2. NBFC who funded the promoter/developer is forced to sell 3. Banks are looking to monetise non-core assets And many others are sellers in this market (all types of assets). Buyer cannot lose money if they have unlevered money and patience
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@ravidharamshi77
Ravi Dharamshi
8 years
You only have to do few things right in your life, so long as you don't do too many things wrong. - Warren Buffet
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@ravidharamshi77
Ravi Dharamshi
7 years
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@ravidharamshi77
Ravi Dharamshi
7 years
Time for some new market participants to learn some very old lessons.
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@ravidharamshi77
Ravi Dharamshi
3 years
It’s fantastic how the perception of Indian generic pharma has gone from ‘bottle of lies’ to ‘vials of life’ #indianpharma #genericpharma #indiangenericpharma
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@ravidharamshi77
Ravi Dharamshi
9 months
Smart people: Markets are over heated Valuations are a concern There is a bubble in small and midcaps Wise people: It’s a bull market #behavioralinvesting #matkets #psychology
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@ravidharamshi77
Ravi Dharamshi
6 years
Indian Markets are on Liquid Oxygen. Liquid (Dow) isse jeene nahin dega aur Oxygen (Crude) isse marne nahin dega. #markets
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@ravidharamshi77
Ravi Dharamshi
2 months
Whenever I have based my decisions “only” on valuations. I have always regretted. Whether buy or sell. Valuations are important. But people make it sole decision driver. That’s where the problem lies. It should not be sole or even number 1 driver of decisions. Again not to
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@ravidharamshi77
Ravi Dharamshi
5 years
When you get a chance to pick your guru’s brains. #markets #credai #realestate
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@ravidharamshi77
Ravi Dharamshi
5 years
Air quality improved dramatically, small pleasures...beautiful sunset #Mumbai #Mumbaisunset
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@ravidharamshi77
Ravi Dharamshi
5 years
Mumbai Sky, no filter #mumbai
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@ravidharamshi77
Ravi Dharamshi
2 years
Most astute speculator, wisest investor, immensely successful business builder and silent philanthropist. One of a kind. One and only. Humble and recluse. #rkd #legend
@ravidharamshi77
Ravi Dharamshi
2 years
That awkward and happy moment at airport when Kumar Sanu and your God are in the the same flight and everyone rushes to meet Kumar Sanu and you have exclusive time with your god. #whitenwhite #rkd #humility
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@ravidharamshi77
Ravi Dharamshi
4 years
No locha lafda only Jalebi Fafda on Dussehra
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@ravidharamshi77
Ravi Dharamshi
6 years
For those looking for reason for market rally in war, politics amongst other things...this is the biggest reason
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@ravidharamshi77
Ravi Dharamshi
2 years
Msg from broker-“Mercury going retrograde from today. Sun & Rahu conjunction coming to an end on May 12th markets will bottom out tdy or max by tomm and will rally for 6 weeks...watchout & do your due diligence.” Have to admire they always ask me to do my DD.Getting my telescope.
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@ravidharamshi77
Ravi Dharamshi
8 months
Narrative that’s caught everyone’s attention is that Midcap and small cap are in bubble zone. Clearly profits are long way from peaking. And case to be made that we will exceed 2007 peak this time. #indianmarkets
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@ravidharamshi77
Ravi Dharamshi
2 years
Some of the most infamous responses to technological disruption. Rail travel at high speed is not possible because the passengers, unable to breathe, would die of asphyxia. - Lardner, professor of natural philosophy, UCL, c. 1830. 1/6 #disruption
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@ravidharamshi77
Ravi Dharamshi
3 years
When Sensex crossed 6,000 for the first time in 2003, retail investors were jumping over each other to get out of the markets. Sensex eventually went to 21,000. In each previous bull market indices have gone 5x-7x since the point of maximum pessimism.1/2
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@ravidharamshi77
Ravi Dharamshi
1 year
Year: 2004 Company: Mr Sudhir Vaid (actually it was hardly a company) now known as Concord Biotech. Time taken by Shri Rakesh Jhunjhunwala to decide on Investment: 15 minutes (we literally flew down to Ahmedabad for that). Privileged to be privy to the deal when it happened and
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@ravidharamshi77
Ravi Dharamshi
1 year
Everyone is worried about overheating in small and midcaps. I don’t understand the need to classify the market according to market capitalisation. One invests in a companies not in a market capitalisation. Such generalisation are distractions. Focus on identifying good
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@ravidharamshi77
Ravi Dharamshi
7 years
To the people who say this is a ‘liquidity driven rally’, I ask please let me know the last bull market which was driven without liquidity? Liquidity is the life blood of any bull market. #markets
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@ravidharamshi77
Ravi Dharamshi
7 years
In 2015 Reliance was 2.5lk crs Mcap and Sun Pharma @ 3 lk crs Mcap. Reliance doubled, Sun lost 65%. Entire Pharma now less than RIL Mcap.
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@ravidharamshi77
Ravi Dharamshi
4 years
Smart thing to say at this point - Be Cautious. Well Intentioned thing to say at this point - Be Cautious. But is it the right thing to say? - stop focussing on next 5-10% move and start focussing on next 2-3 years. Things cannot be more clear. Stay Bullish. #Markets
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@ravidharamshi77
Ravi Dharamshi
7 years
Cash, Courage and Conviction list needed in times like these. People usually lack atleast 1 of the 3. Person with all 3 is the king. #markets
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@ravidharamshi77
Ravi Dharamshi
3 years
Single reason why markets are rallying, rest all is noise. Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21 -shared via Business Standard iPhone App
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@ravidharamshi77
Ravi Dharamshi
8 years
Only one who is a successful speculator, investor AND an Entrepreneur. Hats off!!
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@ravidharamshi77
Ravi Dharamshi
3 years
“Never buy on impulse, Hold in hope and Sell in Panic” - @KalprajD
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@ravidharamshi77
Ravi Dharamshi
5 years
This is India's first bear market on twitter, Cacophony is clearly louder, swifter and all encompassing. Filtering the noise becomes even more challenging. #Markets
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@ravidharamshi77
Ravi Dharamshi
5 years
There are few such opportunities in the lifetime of an investor, where 1 has to mortgage the house and buy (Hyperbole). Such opportunities do not last long. This is one such opportunity. Assuming of course you have the cash, horizon and stomach to withstand volatility #Markets
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@ravidharamshi77
Ravi Dharamshi
4 years
Made a presentation for KDO CA association. Art of investing - Its simple but not easy via @YouTube Hope you find it useful and interesting.
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@ravidharamshi77
Ravi Dharamshi
5 months
An Index of 500 stocks rallies 3.4% on Monday crashes 9% on Tuesday but ends flat by Friday... On Tuesday more than 30 stocks crashed 20-25% from their Monday highs...by Friday more than 30 stocks trade 10% to 23% from their Monday highs More than 300 stocks, 60% of the index
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@ravidharamshi77
Ravi Dharamshi
1 year
What's tougher? holding a stock that is down 50% after you have bought or holding a stock that is up 3x after you have bought and where all traditional valuation parameters point to overvaluation and smart people tell you to exit? Wealth creation requires patience/conviction to
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@ravidharamshi77
Ravi Dharamshi
5 years
All the ‘great’ investors have become day traders and god knows what they expect from finmin press conferences. Build expectations and then express disappointment. What happened to investing regardless of govt actions?? #Markets
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@ravidharamshi77
Ravi Dharamshi
4 years
Nifty PE ratio, Market cap to GDP all will scare you to sell and run away. Optically valuations might look high because profits and profitability have been low. But this is the bottom of the corporate lending and profit cycle. 1/3 #markets
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@ravidharamshi77
Ravi Dharamshi
4 years
“Sitting tight” is a much under appreciated quality/skill. Holding onto winners and holding in a ferociously rising market is a big challenge especially if you are of very high IQ and know exactly how the world is going to pan out. #markets #behaviouralinvesting
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@ravidharamshi77
Ravi Dharamshi
4 years
When will this correction end? 1. Imaginary supports need to break, 2. Buy on dips attitude needs to change, 3. Fear of a bigger crash needs to enter the psyche, 4. Bull market confidence needs to be shaken. Market plays mind games. #markets #behavioralinvesting
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@ravidharamshi77
Ravi Dharamshi
3 years
Indian Economic Cycle - Stronger for longer - Jan'22. Presentation slides
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@ravidharamshi77
Ravi Dharamshi
3 years
Looking forward to bank nifty tomorrow, need some positivity in life 😜
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@ravidharamshi77
Ravi Dharamshi
4 years
In trading, hold your opinions lightly and positions even more lightly. In investing hold your opinions strongly and your positions even more fiercely. #Markets
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@ravidharamshi77
Ravi Dharamshi
4 years
Must see. One of the best presentation on the Technology, Disruption and Value Creation by @VGoenka82 . If you haven’t seen this then you are missing out. YouTube : Slide Deck
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@ravidharamshi77
Ravi Dharamshi
6 years
Essar Steel wanting to pay the creditors is the biggest proof that IBC is working.
@ETNOWlive
ET NOW
6 years
MEGA ET NOW #EXCLUSIVE | #RaceForEssar | @AshwinMohanSays learns from his sources that @Essar_Steel & Ruias may approach CoC seeking withdrawal of #IBC process. Ruias proposal to lenders may offer to clear unpaid dues of Essar Steel that are over Rs 45000 cr.
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@ravidharamshi77
Ravi Dharamshi
10 months
“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right
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@ravidharamshi77
Ravi Dharamshi
6 years
Noise - State Election results, RBI Guv resignation Meaningful Data points - US 10 yr 2.85%, Crude below 60
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@ravidharamshi77
Ravi Dharamshi
3 years
This is when people started believing in his capabilities. Superman from India. Golden boy of India. First Athletic Gold for India. 🥇 gold medal 🥇 #Tokyo2020 #IndiaAtTokyoOlympics
@Neeraj_chopra1
Neeraj Chopra
3 years
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@ravidharamshi77
Ravi Dharamshi
2 years
Is this a new bull market? NO. Previous one that started in March 2020 is not over. It was just a pause and correction which seems to be over. Expecting bear market trough valuations to buy will not be met. #markets
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@ravidharamshi77
Ravi Dharamshi
7 years
In 2009 Pharma sector was 1 lakh crs in 2015 it became almost 10 lakh crs, today it is available @ 4 lakh crs. #Pharmacarnage
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@ravidharamshi77
Ravi Dharamshi
6 years
We surely seem to be having our Lehman moment
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@ravidharamshi77
Ravi Dharamshi
5 years
Sooner they learn to respect the markets the better, because one day they will need it and markets won't be responsive.
@IndiaToday
IndiaToday
5 years
Does FM @nsitharaman track the stock markets? Here’s what she has to say. #FMToIndiaToday #Modinomics19 #IndiaTodayExclusive LIVE:
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@ravidharamshi77
Ravi Dharamshi
5 years
DCB announced plans for faster branch expansion...stock tanks, Jubilant Foods announced 0.25% royalty...stock tanks, Endurance announces plans to get into Tyres...stock tanks. All decisions reversed, Market sab kuch sikha deta hai daddy (MPK reference to those who get it)
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@ravidharamshi77
Ravi Dharamshi
2 months
That there is optimism in the air is undeniable, whether it’s Euphoria is debatable. That there are fun and games in SME is undeniable, doesn’t make every SME a fly by night operator. That making money in questionable companies has been easy is undeniable, that leading to
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@ravidharamshi77
Ravi Dharamshi
4 years
When you convince yourself that you understand exactly how markets are going to behave, be ready to be humbled. #markets
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@ravidharamshi77
Ravi Dharamshi
5 years
Decathlon is revolutionising the sports retail in India. It has single handedly revived a defunct mall in SoBo.
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@ravidharamshi77
Ravi Dharamshi
10 months
Only in jest, WhatsApp forward 😅
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@ravidharamshi77
Ravi Dharamshi
11 months
Lot of people feel that only 3-4 stocks have made most of the money for most successful investors. Be it WB or RJ. Which is not entirely untrue but statistics hide more than they reveal. We have to have 3-4 winners in every cycle which propel us into the next orbit and give the
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@ravidharamshi77
Ravi Dharamshi
5 years
2020 is a fast track course on 2008 #MarketSlump #markets
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@ravidharamshi77
Ravi Dharamshi
7 years
Long before Mark Zuckerberg created FB (the fantasy bubble). @Microsoft had created MS Excel for us analysts. Excel Sheets never ever disappoint.
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@ravidharamshi77
Ravi Dharamshi
4 years
Bubble or Bull Market? Join us for a short presentation and candid one on one on 27th Jan, 4pm with Shri ⁦ @MadhusudanKela ⁩. ⁦ @VQIndia ⁩ ⁦ @sameervq #bubbleorbullmarket
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@ravidharamshi77
Ravi Dharamshi
4 years
Transformation of Mumbai Skyline from Pre and post sunset #Mumbai
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