With all the wealth he has, he can easily hire top tier lawyers. Or the 800x growth was all real?
My POV: When all this started, One of my friends told me, 'Yeh to gaya,' and I said, 'Nah.'
See, that guy runs some of the biggest businesses like ports, energy, power, and many more, providing almost 20 lakh plus direct and indirect jobs. Now, if he defaults, what will happen? Well, India can't afford that; many people would lose their jobs overnight, the government might lose the election next time, and the market will crash (I'm not exaggerating; simply do a Google search to see how big he is in the power market).
That's why I told my friend that he would get a clean chit, and here we go.
Now, if you think I'm one of his well-wishers, nah, man, I don't give a fuck.
SC didn't give cleanshit to Adani(yet). It gave clean chit to SEBI and trusted SEBI on conducting fair investigation.
Practically it is a win for Adani as SEBI never had guts to stand against Adani. It is likely that the government will declare Hindenberg as a terrorist organisation.
Height of crony capitalism. Waiting to see his empire crumble like a pack of cards.
I bought all Adani stocks on the way up..
Then sold everything at the top
Then shorted like crazy everyday when hindenburg report came out.
Then bought before recent elections and now sitting with good gains
I used to worry about corruption, crony capitalism, it’s sociological impact, impact on India’s long term economic stability. Blah. Blah. Blah
Citizens of India don’t care, media doesn’t care, institutions don’t care. So now I don’t give a shit. I will continue to use my observations to make money for myself
Any more tips for making money ?? No sarcasm intended.
Close your eyes for next couple of decades and invest in Adani
How it happened? -wifi turned off -Slack disabled -Email disabled
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