There was a time when I'd have to reach office at 7am and leave at 2am for me to be the first to reach and last to leave.
This is a co-working space in Bangalore at 6:30pm. Shame.
Top-tier uni, a fancy finance job & a charter are all fine.
What really builds you is that...
Day when you pay 50% of your salary in rent for a shit house
Daily peak-hour local travel between Andheri & Lower Parel
8am morning meeting you attend after being in office all night
Dear Gen Z colleague,
Do humanity a favour and get yourself a Wren & Martin.
If not, at least be smart enough to use a Grammarly plugin.
Regards,
Your annoyed Millennial boss
That low pay you settled for, just because the job made sense for the long term
That friend's sangeet you missed at a destination wedding because you were working on a deal with a tight deadline
...what builds you is that day
There was a time when I'd have to reach office at 7am and leave at 2am for me to be the first to reach and last to leave.
This is a co-working space in Bangalore at 6:30pm. Shame.
Went to the gym yesterday, ate a dosa on the way back.
Went for MMA this morning, ate a dosa on the way back.
People of Bangalore - how does one stop this?
Birthday's coming and I'm getting wild ideas for next year which include
quitting drinking
prepping for a triathlon
pursuing surfing more seriously
aiming for 10x growth in revenue
travelling to at least 3 countries and
curbing excessively irrational ambitions at the same time
Deal your boss took credit for, after you single handedly poured your heart into cracking
Walk from Elphinstone station through knee deep water on a rainy day
Manipulative and suicidal girl you tried breaking up with for months, but just couldn't
Decadal friendship you lost because you just didn't have the time
Day you used your phone on a trek, not to take pictures, but to reply to a bunch of emails
Europe trip you didn't take with your generationally wealthy friends because you just didn't have the time or money
The tip every finance bro needs:
The most successful research analysts are those who can also communicate exceptionally well and
The most successful sales guys are those who can also research exceptionally well.
Just sitting behind a desk or just giving great head goes nowhere
The first crore in AUM was so difficult a process that every incremental crore now is cherished no matter how fast or easily it is achieved.
The value of gratification is incomplete without pain.
Fixed on a gym, office and boardgames community in Bangalore. Finally feel much more at peace.
Just need a dojo now to complete the transition!
Any suggestions for good MMA trainers around Lavelle Road?
If you've found a spot that
1. you're good at,
2.makes you money, and
3. you enjoy doing;
chances are that sooner or later, you will kill it.
Start building, anon.
After idk how many years, I've finally got the balls to
book an eleven day trek without my laptop
and to a place with questionable network
with a little more confidence than nil
that my world will not be doomed when I return.
I've got 24 hours in Bombay, and the Bandra boy in me has an unachievable to-do list!
Need more time 😭
Candies
A1 Bakery
Highway Gomantak
The Den
Old Street
Elco
Dynasty
Ray's
Imbiss
Daniel Patissier
Arbab
Daily
Pali Bhavan
Jay Sandwich
Jimis Burger
Boojee
Coppetto
Eddies
PJs
3Q24 roundup:
- Advisory business up 60% QoQ
- PMS AUM in mid double digit crores in just 2 quarters of launch
- Set up the base for starting Wealth Management
- Travelled to Goa twice to maintain sanity
- Worked out hard 4x a week, partied harder 2x a week
🫶🏻
2Q24 roundup
Grew smallcase business by 40% QoQ
Hit a 6 figure revenue in just a month of selling Voyager
@rupeeting
Hit a double-digit crore AUM within a quarter of launching
@PatersonPMS
Moved to BLR
Spent a hellotta time in Chennai
Took burnout breakers in Coorg & Kochi
Can we please normalise I'll call you 'later' to
sometime 'later in life', when I deem fit and convenient, and not
later tonight, or within an hour, or day, or week, or even a month?
Goodness, the pressure.
Building a career in the stock markets is stressful.
Building a company is ballsy.
Building a company focused on the stock markets is just plain suicidal.
@soicfinance
With high margins and low ROE, reckon the Capex is high. Would turn to OCF/EBITDA. If this is high, the business may justify a PEG=1. For PEG>1, would look at a trend line on ROCE on incremental investments - works if this is upward (despite being possibly negative right now).
As an entrepreneur, there are two investments that I wish I had made much earlier:
1. A therapist
2. A personal trainer
Nothing beats the decision making that comes from being the best version of yourself.
1Q24 roundup
Started a PMS, launched Voyager
@rupeeting
and almost burned out
Took to MMA, pickleball, climbing and boardgames
Ate an unhealthy amount of IDC dosas and fish thaalis
Shut off at a secluded beach for three days with bae
Got wasted at Uttarayan, Lolla and ICW ✌🏻
Last day in Vadodara
Not going to miss
-terrible weather
-unbelievable amount of mosquitoes
-poor driving and civic sense
Defo going to miss
-reaching anywhere in <20 minutes
-farsan
-easy access to stuff to do - communities / sports
-how cheap everything is
2Q24 roundup
Grew smallcase business by 40% QoQ
Hit a 6 figure revenue in just a month of selling Voyager
@rupeeting
Hit a double-digit crore AUM within a quarter of launching
@PatersonPMS
Moved to BLR
Spent a hellotta time in Chennai
Took burnout breakers in Coorg & Kochi
1Q24 roundup
Started a PMS, launched Voyager
@rupeeting
and almost burned out
Took to MMA, pickleball, climbing and boardgames
Ate an unhealthy amount of IDC dosas and fish thaalis
Shut off at a secluded beach for three days with bae
Got wasted at Uttarayan, Lolla and ICW ✌🏻
Things you got to do as someone who runs a finance business:
Spent half an hour on a call with the regulator because they didn't know how to unzip a file I had sent them.
What's with this emotional side that people have with FIIs selling?
'They will regret it', 'Never bet against us', etc.
Their money, their decisions, their outcome.
Tum apna sambhalo.
Clocking 1-year returns of 25% on two smallcases even in this market!
One year returns to show, with 10 years of efforts unseen. Journey beautifully captured by
@smallcaseHQ
High time retail investors stop dissing institutional research.
These reports aren't written for you or meant for your use.
Sell-side analysts are in touch with their buy-side counterparts to set context, explain and complement whatever they write.
Tum se kisne poocha?
Agreed to fix a call with
an excessively chatty but filthy rich family in the US
who wants to invest a decent chunk in the PMS
at 8pm on a Saturday evening.
Now I'll be that guy locked in my room on a call, while my friends pre-drink and trash my living room. 😭
Seeing a healthy spike in money invested in
@rupeeting
products today.
So good to see retail investors taking the fall as an opportunity instead of being scared and running away.
Formed a new LLP with my father's house as the registered address.
Been a week and he's already shooed away 3 bankers who have arrived unannounced and uninvited.
Felt so good using my gym membership in Vadodara.
Had paid up for a year, but moved to Bangalore half way through it.
Going to go and vasulo it for all the 5 days that I'm here. 💪🏻
I wouldn't worry a lot even if the budget has to tilt away from growth and towards populism.
In that case, the burden of catalysing growth will fall onto monetary policy.
Which after being regressive for 3 years, has the potential to support growth, perhaps by the end of 2024.
Last year at Diwali, the boys
@rupeeting
placed a year long bet.
We had to pick 2 stocks each. The one with the highest returns on an equal weighted portfolio would win.
With one week to go, yours truly is leading. Feels good to give myself a bonus. ✌️🏻
For 3 months, I've cosied up in a 1km radius in Bangalore, and life was good.
And today is that dreadful day that I have to travel all the way to a place called Lingadeeranahalli.
Depressing.
The promoters of GMM Pfaudler made a Rs. 94 crore profit in just 2 years, at the cost of its minority shareholders.
Here's an interesting story by
@rupeeting
on questionable corporate governance standards of a 4-bagger.