Gote muh me the!!

I'm currently in my notice period as I didn't feel like this was the right place for me, so I quit without a plan. Yesterday, while traveling through Uber, the driver told me about how he nearly got killed. He has two kids in Kolkata, and he's in Bangalore without the money to get his car fixed. I don't know what got into me, but I handed over 5k bucks to him. I usually don't bet, but I placed a wager on the India vs. SA match and made 50k after betting 30k. Last night, during a La Liga match, I went again and went yolo on Real. Despite them getting a red card and scoring in the 92nd minute, it was an absolute miracle. Making me another 30k I think it is God paying it forward :) If you've read this far, thanks, and here's a gentle reminder to pay it forward.

Starting today and through 2024, I'll post a weekly update of my crypto adventure. Let's see how it goes. 21-12-2023 Update 👇 Dropped $400 in LTC today, the bags of other coins I bought last week.

I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares. I really believe the company will grow multifolds in the future, also I won’t have qualms if they don’t do well and I end up losing my money. I feel it’s better to take a bet on this as the money isn’t really significant and is better used if Invested somewhere. I might just end up wasting it buying AJ1s, Airpods and all that expensive stuff. What do you guys think about this? What’s your view on Zomato’s future? PS- No Index funds, MF advices pls. I’ve done enough research and will Invest once I start getting monthly salary from my FT Job.

There were some people who said that Machine Learning models don't work. I would be inclined to agree that they don't always but you don't really have to be right always. As long as your EV on implied odds is better than sportsbook then you are likely to make outsized gains that coup up losing trades. Here's how I did it: https://share.gvine.app/scQZSZKqE6Rrmv5k9

A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA

I enjoy seeing outcomes of theoretical concepts! Few days ago, I created a post on explaining “alpha” & “beta” of MFs. Yesterday’s correction gave me a chance to visualise the impact on real money. From the beginning of this year, I wanted to play in small/mid cap frenzy and used flexicaps to save myself from research efforts & downside. With 1.5% nifty fall, downside protected PPFCF went down only by 1.6%. I kept quant (minority) to play with alpha of folio. Overall, learning here is within MFs you can have multiple MFs (with min overlap) within same category basis the investment styles of fund houses. We may go 25,000 but easy money days are over. Play safe.

What the post says. Albeit my sincere condolences to those laid off! The ruling is really unfortunate for many who joined the Real Money gaming space in india but this was also inevitable. I know people who have tried to get out of the Indian RMG space because they didn’t like the ethics of it or saw it’s impending doom, with all the uncertainty around the legality. The reason I’m for it is because it ruined the beginnings of the Indian gaming industry. Indian gaming companies only focused on learning the skills to build stronger hardcore gambling games. Some companies had the opportunity to diversify into using the money to make mistakes and learn to make great games. Maybe hire outside talent to learn better and bring the disciple of Game Design to India. But the majority have failed to do so. I hope this delivers significant pressure to the few that survive to try harder at understanding the gaming landscape and attempt to make games they themselves would play. (The majority of game teams in in Indian gaming companies, do not play / enjoy their own game - Read “Don’t eat their own dog food” cliche) Right now, the Indian gaming ecosystem is like if Hollywood was run by product managers instead of good writers. They just study what “works” and do more of that, missing the point of artistic exploration and concepts of novelty, story-telling and fun. (That is happening in a way, given the direction of constant re-boots of old movies - lead by a very Product MBA mindset with only 2-3 orders of thinking) - incapable of deconstructing “fun” itself (even though some people claim to be able to)) A bit of a jumble of thoughts but just wanted to get that thought out.