Weekly Fin-Fun Newsletter #59

Open Interest Concepts , ChatGPT, Crashes, Lemons & SIPs, Trams of Bombay, Ajinimoto, Stock & Webseries of the Week

Absolute No Brainer..

Satish 🇮🇳 @bombaylives

Keep it Simple, Do this and your are sorted . #investing #lifehacks #insurance #health

Closing this week.

• Stock of the Week

The King - Reliance Industries CMP 2744

Stock has moved 500% in 7 years after long consolidation.

Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. It has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Reliance's products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums. [1]

Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family have about 50% shareholding in the conglomerate.

P&F Chart

Renko Chart

Latest coporate Presentation

• Web Series of the Week

• Some interesting Reads and Tweets

Prof Kaushik Akiwatkar @kaushikaki

Thread 🧵⬇️ Open Interest and how to effectively use open interest for our analysis 1/22

RJ Stocks @RakJhun

Jane Street is the toughest interview in Silicon Valley & Wall Street. It hires only a handful of new employees each year. To survive, candidates have to ace brain-twisting math riddles & game theory tests. One of their Star traders is Mumbaite Monish Shah

nytimes.comA New Breed of Trader on Wall Street: Coders With a Ph.D. (Published 2016)In the world of exchange-traded funds, a $2.8 trillion industry, Jane Street takes the marriage of high tech and high intellect to a new level.

A thread on the market crashes, Lemons and SIPS

Satish 🇮🇳 @bombaylives

Major Market Crashes & 5k SIP Returns 1. 1992 - Harshad Mehta Scam 2. 2000 - Dotcom bubble 3. 2008 - Global Financial Crisis 4. 2020 - Covid Crisis

Sanjeev Bikhchandani @sbikh

Ashneer is certainly provocative. This is a passage from the epilogue. It is bound to polarise. I will refrain from expressing my views on this matter and wait for others to comment

Sanjeev Bikhchandani @sbikh

Ashneer is certainly provocative. This is a passage from the epilogue. It is bound to polarise. I will refrain from expressing my views on this matter and wait for others to comment

Mumbai Heritage @mumbaiheritage

Tramway service in Mumbai. In 1873, Messrs. G. A. Kittridge and Messrs. Stearns Hobart & Co were granted rights to construct, maintain and operate Tramways on streets of Bombay.  A Company called The Bombay Tramway Company Ltd was floated in New York, but registered in Bombay

The Crazy #ChatGPT do check it out.. if you haven’t yet already

Prashant Mullick, PhD ⚡ @VohiCapital

"Write python code to download stock prices from YFinance" #OpenAI #ChatGPT

Deedy @debarghya_das

The most elite job for a Computer Science major used to be Google / FB. Now, in India, its quant shops like Jane Street, Tower, Graviton, AlphaGrep, Quadeye, APT, NK etc. BigTech overhired, lost their exclusivity and can't pay as much – $70-150k or ₹55L-1.2cr IN India! 1/7

Nithin Kamath @Nithin0dha

Whenever students ask me for advice, I say, stay in India. Not just because we need to avoid the brain drain or that there's an obligation to the country, but because India will most likely have the best opportunities in future. @SRajgopalan explains👇 1/2 srajagopalan.substack.com/p/why-everyone…

srajagopalan.substack.comWhy everyone should pay more attention to India...And it is not for the reasons you may think.......

Mike Bird @Birdyword

Pretty cool. Ajinomoto, known best for selling MSG seasoning, has redirected its work with amino acids to become a leading manufacturer of insulation for semiconductors. Stock is up 21% this year to a record high. asia.nikkei.com/Business/Marke…

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