My Twitter Thread on LTCG
#LTCG - #LTCG - Not Much Revenue Gain for Lower Foreign Capital and Market Cap.
A Thread
India is the only country that taxes Foreign Capital
Foreigners own 25.6%
( FPIs= 17.4% & Foreign promoters= 8.2% )Also when Indian Domestic Money has just started coming in Equity
— Nooresh Merani (@nooreshtech) March 2, 2025
https://x.com/RenukaJain6/status/1895767015333494938 An interesting snippet of Samir Aroras talk on LTCG
2) Malicious Joy is Unproductive.
SchadenFreude - Taking Pleasure in another man's Misfortune.
"Markets" - Taking Pleasure in another man's drawdown being higher than yours.
"There will always be someone losing more money than you" Inverted Munger.
Malicious Joy is unproductive.
Focus on yourself.
— Nooresh Merani (@nooreshtech) March 1, 2025
A must read article
Myth - Largcaps are Safe
Myth= Largecaps are Safe & Smallcaps Risky! Both are Equity & have Risk.
In Corrections, the Majority of Stocks fall. Many Large caps may not fall 30-70% or be Multibaggers like small caps but can go through 3-5 years zero return or 10-40% loss.
Fact = Largecaps are Liquid.
Insider buying / Promoter buying –
What to Look For & What to Avoid ?A thread 🧵
In simple terms – Insider is someone who knows about the company more than we do – Promoters, Directors and any other connected person with UPSI
— Nooresh Merani (@nooreshtech) February 21, 2025
