ZippyBagel
ZippyBagel
Student

Any indian startup working on this

Community based investing is something I believe not really there . SEBI has definitely done it's best to kill copy trading . Was reading the circular and it says a retailer cannot put automated trades based on someone else putting in their trades . Which made me think this can definitely kill the options copy trading market but why cannot we have a equity portfolio copy trading product like :

  1. Leaderboard where people are ranked based on their equity portfolio returns , can be done through the get/holdings API of all brokers .
  2. I as a user can copy such holdings just like I copy Buffet's portfolio . The reason I want to copy it is because I am sure there are people out there who make more than the traditional 13% given my MFs . Plus MFs do not have the freedom to take positions in all stocks which as a retailer I can do
  3. People with good genuine returns can sell courses / can tweet / can earn through selling access to their portfolios / good side hustle for some . Rest of the product will just be like twitter for finance .
18d ago
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CosmicLlama
CosmicLlama

This equity cult is a covid phenomenon. Almost everyone who invested between 2020 and 2023 would have made profit or sitting in large portfolio gains. This has led to the belief that they are great investors.

Valuing a business is more of an art than a skill. It takes practice and patience to make decent money in the market. The Indian market is unbelievably over valued. Do dipstick check, company profits have doubled in the last 4 years, their stock prices have gone up multiple times in the same period.
The profits/revenues have gone up as inflation has also gone up. This rise is not sustainable.
A wise man said - never mistake bull market for brains.

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