Widely read:
Yes we understand, we took a two-week hiatus. It's not because we are lazy but because we were working on the anniversary edition of Wealth Insight which will be released pretty soon. We're working on something special, so all we can say is wait and watch.
The interesting event in the last two weeks was Apple's WWDC 2023. They introduced something new to us, something straight out of Ready Player One. It's virtual reality, right? No. Technically it is augmented reality but they didn't even say that word. They used the word "spatial computing". Why a different word? To stand out from the crowd. If you look closely at Apple's marketing you can find many such things. Apple's consumer approach should be a separate paper in MBA colleges. Enough blabber now, onto the memes.
The opportunities that even our parents missed come to haunt us at night.
Again guys, share price does not matter. What matters is how much you gain. Just simple math.
Good days coming to an end? Back in 2016-17 China imposed a few environmental laws which led to shut down of many chemical factories and India benefited from it. Now that they're opening again it doesn't look good.
None of the hard work we do will ever yield returns if we don't even outperform sensex. Imagine, an index fund where almost no analysis is required outperforms you in the long run? Maybe time to question strategies.
Remember guys, I learned this the hard way. Share price is not breakeven, share price plus fee and taxes are breakeven. Never forget.
Patience is the key for wealth creation in the long run. These things happen and what matters is whether fundamentals continue to be strong.
We're too broke to afford it even post split guys, that's it.
As you gain more experience, losses just don't matter. It's not because you have lots of money but because you've gone numb.
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