BiryaniEnthu
Ye dukh kaha khatam nahi hota (Why doesn't this pain end)
5mo ago3.6K views
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Curated from across
In 2020 when markets crashed, I reached out to my MBA friends with CA credentials to help me decide between stock picking vs pending loan closure. Asked them how they are seeing the markets, a majority of them told to stay away from markets as valuations are too high. Though valuations were high, I saw a good bottom-fishing opportunity.
Outcomes : My CA friend missed the bus, closed one of the cheapest loans with tax benefits. Sometimes, knowing too much is dangerous as brain intentionally highlights the negative.
ProTip:
Having studied with multiple CAs during grad I know for a fact that most of them have absolutely 0 interest in Finance. So chances are most of the CAs you know might have every bit of knowledge about taxation but might know fuckall about the market. They are not taught how to invest in the market in the course. Something you have to learn independently.
@lime 💯
Negativity sells Biryani. The media has to keep doing it to grab the eyeballs.
I have been hearing on twitter that US debt crisis have gone into trillions and what not from past 2-3 years. Nothing has happened yet. If a severe fall has to happen it will happen, we at the bottom of the chain wont get even a slight warning of it.
And 80-90% correction from top 😂😂 What a complete Bullshit ffs.
There is a reason why these 'Economists' are not rich in stock Market 🤷🏻
if we could predict the future, it won't be the future anymore, but the past
Free advice to everyone who reads it. Buy shit ton of puts with far dated expiry - if the market crashes, you'll make money. This is the insurance which will cost you 5% pa but makes humongous sum once a correction happens.
Use options for the reason they were made for
And if no correction happens then you're anyway making money.
