Snapshots that wow!

  • 6th July 2024

To all those who think investing is easy…

Strong GDP growth and market returns are not correlated. Touting India’s economic prowess is not enough to drive equity returns.

Source : Kotak Institutional Equities

Don’t let data get in the way of a good story

We have all read multiple articles citing how the Indian markets are not expensive. If we expand the time frame for comparison to the start of the century instead of the low interest rate/ high liquidity decade we have seen pre-COVID, a different picture emerges.

Source: Kotak Institutional Equities

When businesses develop a sense of humor

In the state of California, retail thefts are prosecuted as a felony only if the value of the stolen items exceeds $950. Retail theft valued less than that is charged as a misdemeanor.

In the wake of retail robberies seen 2021 onwards, a mock sign was put up outside high street retail outlets sneering at the law.

Source: Fox News

Who says we aren’t well paid?

Individuals earn more from salary income than companies and firms earn in business income!

Total return income of individuals is 75% more than total return income of companies even as the tax liability on companies is higher!

Source: IT Department

The absolute GOAT.

He has only one competitor- himself.

Source:@exceedingxpuns

Nothing unites like sport

Anand Mahindra put it best, “This is no longer the Queen’s Necklace in Mumbai, this is Mumbai’s jaadu ki jhapi!”