@Surindersghi
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Founder @AlphaVentures | Passed CFA Level 3 | PGDM-Marketing BTech Production | Investor- Equities,Commodity,Real Estate,Bonds,Crypto,REIT’s
Ludhiana
Joined April 2015
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Excellent podcast on Private credit investment class by Shantanu Sahai
Must watch for anyone who wants to understand the basics of private credit investment.
@ASK_WM #privatecredit
youtu.be/gO2P1n6OWAk?si=Lsk1…
Learner Surinder Singh retweeted
Forget every other aspect for a moment. Opening the door to charges on UPI shows the central government is continuing to lose political instinct.
The gap between what the government thinks and how the public feels is becoming wider and wider.
UPI is functioning very well.
Most of the problems in our country are self inflicted.
Learner Surinder Singh retweeted
Trust in India growth story and your portfolio will be 500X by 2047.
My rough framework regarding expected IPO price of NSE created with support of of AI
@yogeshmantri9 @Vivek_Investor @investorniti @adeshjainj @ipo_agarwal
Learner Surinder Singh retweeted
Post paints, it’s the turn of cables and wires for big corporates to disrupt.
This is the reason why perception/earnings ratio matters.
Hint of disruption and PE derates
Learner Surinder Singh retweeted
Public is expected to do a lot of things...
No overseas travel, no purchase of Gold, no weddings abroad, pay multiple taxation....
Babus and mylords and politicians ke liye bhi some restrictions be there... Work at least few hours, try to be honest and do something good for the nation!..
Learner Surinder Singh retweeted
The Government of India’s gold import duty policy is a perfect example of short-term policymaking creating long-term distortions.
Just look at the journey.
2021: duty cut
2022: duty raised again
2024: slashed sharply to 6%
2026: raised again to 15%
So what exactly is the long-term policy here? 👇
When imports rise, increase the duty.
When smuggling or fiscal pressure becomes a problem, change it again.
When jewellers complain, cut it.
When the government needs revenue, raise it.
Gold is not a discretionary luxury for India. It is deeply embedded in household savings, jewellery demand and the broader financial system.
Every sharp duty change has consequences.
It changes the landed price overnight.
It changes consumer behaviour.
It changes the economics for jewellers and importers.
It creates incentives for unofficial channels.
And ultimately, the consumer pays for the uncertainty.
The irony is that even the common man can see the problem.
Replying to @jassneetsingha
The constant flip-flopping on gold import duties exposes a reactive policy loop. Duties were first cut to ease the payout burden on Sovereign Gold Bonds, then raised to curb imports, and now face another potential reduction to appease the sarafa lobby. This endless cycle creates unnecessary volatility across the bullion market.
Micromanaging import tariffs to solve short-term fiscal headaches only distorts genuine demand and trade. Policymakers should stop intervening with arbitrary adjustments and provide long-term tax stability. The most effective approach is to step aside and let true market dynamics govern price and supply.
Learner Surinder Singh retweeted
Nifty 50 on eve of Independence Day
14 Aug 2024: 24,200
14 Aug 2025: 24,600
14 Aug 2026: 24,300
Capital gain taxes were increased in July 2024 :)
Learner Surinder Singh retweeted
BREAKING: Global household net worth surged +7.3% YoY, to a record $570 trillion in 2025.
This was primarily driven by equities which accounted for 57% of the increase, while real estate contributed just 15%.
Since 2000, this figure has risen +338%, with an average annual increase of +5.9%.
As a result, global household net worth is now equivalent to ~380% of world GDP.
Real estate accounts for ~50% of the total, followed by equities and investment funds at ~25%, bonds and pensions at 20%, and cash deposits at 20%.
This is somewhat offset by loans, which equal ~15% of the full amount.
Among countries, US household net worth stood at $175 trillion last year, +133% above China's $75 trillion and +661% above Germany's $23 trillion.
Own assets or be left behind.
Learner Surinder Singh retweeted
BREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just 11.7%.
By comparison, the bottom 50.0% of earners hold just 1.1%.
As a result, the top 10% of earners now own ~87.4% of all equity and mutual fund assets.
Asset owners are the only winners in this economy.
Learner Surinder Singh retweeted
Legendary actor Naseeruddin Shah shares a video, fuming about the way youth were beaten up yesterday in Delhi. He reminds the government, “Sab yaad rakha jayega”
Thank you sir for your voice and solidarity 🙏
Learner Surinder Singh retweeted
I think this government is clueless about how to handle public protests. I am not only talking about the current ongoing protests.
If the government had its ear to the ground, it should be able to identify public grievances early.
Even BJP supporters, along with everyone else, have been saying that Dharmendra Pradhan should go.
A competent technocrat needs to handle this ministry, and the government should explain to the student community how it will ensure that there are no paper leaks or evaluation messes like the ones that happened in CBSE in the future.
I feel this government has become completely insensitive to public sentiment.
The way the current protests have been handled shows that the government is clueless and has lost touch with reality.
Ultimately, those who suffer the most are our students- the future of our country.
Learner Surinder Singh retweeted
Whatever happened with Sonam Wangchuck today is absolutely wrong
This makes you question yourself about the value of your voice in this country (especially if it is against the power)
Don't Expect Positive attitude from this government if something unfair happens against you; You will be Forced to back down and don't ask Questions or Ask for Accountability
Very Disturbing!
Learner Surinder Singh retweeted
I think India has completely misread the biggest economic shift of the last decade.
Unfortunately the Government of India has failed. Not marginally. Not partially. It has failed in a big way.
For years we have been told that India is the fastest-growing large economy in the world. That our demographics are unmatched. That our consumption story is intact. That global investors cannot ignore us.
Yet look at what has actually happened.
Over the last 4–5 years the world witnessed one of the biggest reallocations of capital in modern history.
Trillions of dollars moved.
The US attracted capital into AI. Taiwan became the semiconductor capital of the world. South Korea became a key beneficiary of the memory and AI boom. Vietnam emerged as a manufacturing destination. Singapore strengthened its position as Asia's capital hub. UAE became a magnet for global entrepreneurs and family offices.
And India?
India largely watched from the sidelines while continuing to sell the same consumption story.
The numbers tell the story.
Net FDI inflows into India have fallen sharply from their peak years.
Private equity activity has slowed materially.
Venture capital funding is a fraction of what it was during the 2021 cycle.
Foreign investors have been net sellers for prolonged periods.
And despite all this there seems to be very little introspection within the system..
Instead every explanation sounds familiar.
"It's a global issue."
"It's temporary."
"It's an AI bubble."
"It's because of interest rates."
At some point we need to stop explaining away reality.
Capital does not care about narratives.
Capital follows opportunity.
And we failed to create enough of it.
China built manufacturing ecosystems that are still decades ahead of us. America built the world's most powerful innovation engine. Taiwan built the semiconductor backbone of the digital economy.
India built compliance.
Ask any foreign investor.
They worry about:
* tax uncertainty
* regulatory complexity
* currency depreciation
* capital movement restrictions
* compliance burden
* endless approvals
These are not ideological issues. These are execution failures.
What makes this even more worrying is that India continues to depend heavily on a consumption-led growth model.
But where does that consumption come from?
A large part comes from:
* salaried professionals
* IT employees
* financial services
* real estate-linked employment
* urban middle class spending
Now look at what AI is doing.
Whether people like it or not this is no longer a passing theme.
It is already reshaping hiring.
It is already reshaping productivity.
It is already changing how businesses think about incremental headcount.
If India misses this wave as well then the consequences will not be limited to the IT sector.
The ripple effects could hit:
* housing demand
* automobiles
* travel
* entertainment
* premium consumption
* retail spending
The second-order impact may be larger than the first-order impact.
And yet where is the urgency?
Where is the national AI mission at scale?
Where are the world-class research incentives?
Where are the regulatory reforms to attract global capital?
Where is the accountability from bureaucrats who have repeatedly missed these shifts?
The most dangerous assumption being made today is that demographics will save India.
Demographics are not an advantage by default.
They are only an advantage if jobs are created faster than aspirations.
Otherwise demographics become pressure.
And pressure eventually becomes unrest.
The world is moving faster than at any point in modern history.
The uncomfortable truth is that India is not competing against its own past anymore.
India is competing against countries that are moving with far greater speed and urgency.
The next 3 years will decide whether India becomes a genuine economic superpower or remains a country endlessly talking about its potential.
Potential does not attract capital. Execution does.
Learner Surinder Singh retweeted
Looks like we are doomed!
What if the cars get damaged due to E20, and the insurance doesn't support the claim?
Who will bear the costs?
We pay road tax, car tax, fuel tax... if the car gets damaged, should we just sell it as scrap, pay tax on the scrap income too? 🤷♂️