Snapshots That Wow!

Maal laav!

While Gujarat accounts for just 8% of the total registered investors (and this share has been consistently falling), Ahmedabad and Mumbai account for 80% of equity delivery trades.

Source: Zerodha

Don’t ask what the government has done for you…

Barring government capex, every metric to track the onset of a capex boom has been dismal in the last 5y vs. the last real capex boom we have seen (2003-2011).

It is time private capex picks up the mantle or else little can change.

Source: Phillip Capital

Sona kitna Sona hai!

For over 25 years, in all but one EM- gold has outperformed equity market returns in local currency of the respective countries.

Consistent equity returns and outperformance is an exception, not a norm!

Source: DSP Netra

Your periodic reminder to stop timing the market!

Everyone theoretically knows you can’t time the markets. Yet everyone tries. Missing the 10 best days can bring down your returns by over half.

Here’s the punch line- 7 of the 10 best days occurred in ‘bear’ markets.

Source: Visual Capitalist

This ain’t a russian roulette

“The US is the world’s largest producer of crude oil and the biggest exporter of liquefied natural gas. LNG buyers — including the EU and Vietnam — have already talked about purchasing more fuel from the US, in part to deter the threat of tariffs (from President elect Trump).

In the short-term, the US doesn’t have much more capacity to increase shipments. And since LNG is sold through long-term contracts, adding shipments to Europe would require original buyers of the gas to agree to divert its shipments to Europe — but that wouldn’t boost the amount being exported by the US. Simply the prices would get a boost.”

Source: Javier Blas, Bloomberg

Battery discharged?

Jan 1st 2023- not one person living or dead or AI predicted the crash in lithium prices.

Source: Wall Street Journal