“Bubble in Quality”
Dear Mr Singhania,
With due respect, dig a bit deeper & there is more to it than meets the eye.
(NO recommendation of any stock mentioned in letter) @SunilBSinghania@dmuthuk@MarcellusInvest
One of the reason from the many reasons why successful resolutions aren't happening is that those who successfully bid for stressed assets; aren't able to generate money to pay the bid amt. This is causing huge delays in successful resolution of many (long time) stressed a/cs
Events that will surprise markets (positively) 1. Fund raising by cash strapped banks/nbfc (like yes bank today), 2. Fund raising and asset sale by corporates like zee/emami etc, 3. Policy action to save telecom industry, 4. Policy action to revive demand #Markets
In Underwriting business like Insurance or Lending, Look for people who have great Risk Management standards & then Growth. From Experience i can tell you that High Growth in lending business is just 5% of the Valuation, 95% depends on Quality of Growth (Underwriting Standards)
Uber did not kill taxi drivers. Better service and accessibility did.
Apple did not kill music industry. Being forced to buy full albums did.
Amazon did not kill retailers. Convenience and better range did.
Technology by itself is not the disruptor. Customer centricity is.
I cannot adequately stress how shocked, disappointed and heartbroken I am to read the stories about Sajid’s behaviour.
I don’t know how but he will have to find a way to atone for his alleged actions.
Hello people.Some jerk you met on a date or some creep in the office who tried to get too close,doesn’t qualify as sexual harassment.Unless the person didn’t back off when you said NO, please don’t trivialise what women are going through with sexual predators esp at work. #metoo
@zomatocare @zomatoin @zomato WTC PASTA ( GOREGOAN WEST )
This is the worst restaurant that I have visited in my life.We ordered a special paneer tikka pizza which was more like a pizza bread with water. When we complaint about the same, the owner and waiter started abusing.
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