Snapshots That Wow!

Heads I win, tails you lose!

“It's crazy to see both stocks and gold booming in the same decade

This has never happened before in modern times.”

But as they say, “picture abhi baaki hai mere dost..”

Source: Ben Carlson

Uncertainty breeds uncertainty

Another measure of global uncertainty: simply, the use of the word has skyrocketed. (There's even a World Uncertainty Index!)

Source: Livemint

More artificial, less intelligent

Deloitte Australia used AI in writing a paid report without citing the same. The bits written by AI were in fact fictitious with made up sources cited.

Source: Financial Review

The pinnacle of US Consumerism

Costco rakes in $5.2 billion in membership sales!

For context :-

-U.S population is 340 million. So it’s like every American paying $15/ per year.

-Converted to ₹, it’s ~46,000 Crores i.e >2x of Nestle India sales.

Source: Charlie Bilello

M2 expansion has resulted in expansion of 2M

Margins have gone up and so have multiples. For any rally to sustain in fundamentals, sales growth is an imperative requirement now.

Source: Charlie Bilello

Seasons Greetings!

This has been an exceptional Samvat for us. A new addition to our family as we welcomed a small Lakshmi into our home.

Seeing her grow up has left us in wonderment. As she started placing blocks over others, the first discernable thing she did build was what we call her first factory!

Here’s hoping for an Indian Manufacturing Renaissance this Samvat! Happy Diwali!