What’s cooking. Saturday 21st Oct, 2023

Happy weekend. Here is a quick review of things we are upto and books/blogs we are reading to stay abreast.

Rebalance update

#MWV is currently at 30% cash while #MWM is fully deployed.

Shreyas Shipping Delisting offer failed as there was an expectation mismatch. Delisting as a special situation is a fascinating psychological play. While it is always better to exit with profits before the actual D date and leave the last penny for the risk takers but if everyone starts thinking like that, then there will be no price appreciation. A typical Prisoners dilemma game

By the way, if Game theory interests you. Stanford has a free course you can pursue.

We will be attending SOIC Tribe meet tomorrow at India habitat center. Would love to catch up if you happen to be attending it too..

We launched the APP last week. All the product updates and rebalances will be pushed via APP now. We shall be discontinuing the Free Telegram channel by Diwali.

If you have not done it yet, please download the App.

We are running an AMAZING offer on the APP where you get access to ALL our research (MWM, MMG and MWV) at a single price point of Rs 9999/+ GST.

Grab it before it goes away (Diwali End)

Here is an interesting poll we ran on twitter about USD INR returns since India’s Independence. Contrary to popular belief, you would have made only 4.34% CAGR returns by parking your money in USD INR for 78 years. (Actually lesser if you count cost of rolling the derivative position and transaction costs). India has done really well in managing its currency.

The book I am reading this week is NO SPIN by Shane Warne. Usually Autobiographies are full of narrative fallacy. While this one has its share too, but Shane was one of very honest, no holds bar guys. It is WYSWYG (What you see is what you get)

That’s it for now

Stay blessed.