Snapshots That Wow!

Can we stop writing coal obituaries? Please.

Indonesia’s coal production has gone up 10x in the 21st century alone!

Source: Ministry of Energy and Natural Resources, Indonesia

Retail staring at a one lakh crore in losses!

Considering retail investors held ~19.2% of stocks in India outside of Top 500 and the market cap fall in that category has been ~$45bn in CY25, we are saying that retail investors have seen loss of ~$9bn in CY25 thanks to their over-ownership in smaller stocks.

Now, direct ownership of Small and Midcap stocks is not the only place retail investor is losing money. Retail investors have ~25% of their total MF portfolio is small and midcap schemes! As of Dec end, the worst of their SMID MF Scheme investment was ~$50bn…assuming on an average 7% loss in this, retail would have lost ~$3.5bn in investments even via MF schemes invested in small and midcap stocks.

Source: IIFL Alt Desk

The Chinese Era

Long ago, there was a British empire on which the sun never set. There is now a Chinese trade empire on which the sun will never set.

Source: Economist

This horse never stops galloping!

"Quality of revenues over volumes: I believe this best explains our outstanding financial results in 2024" – Benedetto Vigna, CEO

Shipments +2%
Revenue +14%
EBIT +26%
EPS +32%

Source: Quartr

Maggi > Coffee

Over half the households in India have tasted maggi even as only 30% of the households have tasted Nescafe (instant coffee), the most commonly sold brand in coffee in India.

Source: Nestle India Investor Presentation

Big Tech: Jukhega nahi!

Despite the fears conveyed by NVIDIA’s stock price performance, Google announced a record capex budget for 2025 of $75bn! Even as DeepSeek’s announcement seems to have shaken investor confidence in big tech.

Source: Alphabet Earnings Release