Numbers and nightmares

IT majors came out with their results this week, you know what it means. All of them fell because they didn't meet analyst estimates. I never understood analyst estimates. How can you predict every metric of a company? These are not small companies or companies operating in one country. There are so many factors that I'm sure even the CEO forgets them at some point. How do these analysts remember, understand, and most importantly quantify them? The focal point is that it's always below estimates. 15 per cent growth? Low. 25? Low. 55? Low again. These analysts are the perfect representation of Indian parents. You got 99 out of 100? Disappointed because it's not 100 (You a parent? Then understand that 99 is good enough).

Anyway, that's our rant intro because we didn't know what else to write about this week. And now, onto the memes.

This is not a meme but this ad is better than all the memes. Like how man? In one hour my money will go from Rs 5 to Rs 232? It will go up 4,450 per cent?! Where are you guys? Even if you're doing a scam, at least make it believable enough that your scam succeeds. You spend so much on ads just to show this? You can do better scammers! Believe in yourselves.

Just what we talked about in the intro. Do analysts even know what they want or do they just see the results and go "nah, could have done better".

The worst thing you can do is advise someone when markets are falling and ask them to hold for long. Do they not know that? So what should you do? Console them? Nope. Do nothing. Unless they ask you for specific advice or consult you, let's not be too hasty and become Warren Buffetts, shall we?

Remember back in 2021, when hedge funds and many other investment companies invested heavily in cryptos? I wonder what happened to them. Like honestly, how did they unload all that into the market? Or were they lying?

I can't remember the last time this company traded at a P/E below 30. Now we aren't saying P/E is a good metric, but this doesn't mean buying a company trading at 100 P/E is value buying. Coming back to the point, Titan has always traded a premium and people still run towards it. What is the logic? A mystery.

No actual profits? Don't worry, we have a metric where we adjust every single number and present you a glorified version. Ta-da! Breakeven. Please don't look at the cash flow though.

This is based on true experience. I was looking at a company and couldn't really understand what it does from its website or annual report. I went to our AI bro and asked and guess what? GUESS WHAT? It literally gave me what is on the site. Like just why?..phew leave it.