Musings

An assorted collection of thoughts on business, finance, and life. Browse by tags.

10 Feb 2022

The benchmark for success the-benchmark-for-success.md

twitter.com
Maybe it has nothing to do with being founders, & it's just human nature that absolute success isn’t as satisfying as relative success...
09 Feb 2022

Can brokerage go to 0 in India?

twitter.com
Many people ask me if brokerage rates can go to zero like in the US...
07 Feb 2022

Impact of 1% TDS on all Crypto trades

twitter.com
With this 1% TDS, I think Crypto volumes in India will drop off the cliff...
04 Feb 2022

Tax arbitrage between dividends and selling a stake and startup profitability

twitter.com
Can the tax arbitrage that exists between earning through dividends(~52%) vs earning through selling a stake (~24%) be the reason why most new-age businesses are not profitable?...
03 Feb 2022

Unauthorised CFD and forex trading platforms

twitter.com
We had cautioned people about illegal CFD & Forex & Binary trading platforms a while back...
01 Feb 2022

My reading of crypto post the budget

twitter.com
The good news for crypto is that it was finally acknowledged in the budget. That doesn't mean it's legal—it will only be after the crypto bill...
17 Jan 2022

From Native to React Native to Flutter

twitter.com
A regular question that comes up is about our use of Flutter for building our mobile apps...
17 Jan 2022

Impact of STT on traders, exchanges and brokerages

twitter.com
Every budget day for the last 15+ years, I've woken up hoping that STT is reduced. Hoping STT reduces this year...
15 Jan 2022

History of F&O margin requirements in India

twitter.com
NSE introduced F&O in 2000 & today NSE is the largest derivatives exchange in the world by volume...
14 Jan 2022

Private market valautions are weird

twitter.com
While listed high growth, yet to be profitable startups are seeing sharp drops, private market valuations are somehow still holding up. Weird times...
13 Jan 2022

Advisory is one the biggest Indian fintech opportunity

twitter.com
One of the biggest Indian fintech opportunities is advisory to help Indians manage their personal finances better...
12 Jan 2022

One of the most complex projects at Zerodha

twitter.com
Building reports like Tax P&L, holdings, turnover reports etc. have been one of the most complex projects at Zerodha...
11 Jan 2022

India is addicted to gold

twitter.com
Over $400billion went out of India to import gold vs $600 billion+ that came in through FPI, FDI & VC. Imagine, instead of gold, some of that money was invested in Indian companies...
06 Jan 2022

Irresponsible influencers

twitter.com
Watching famous personalities with huge fan followings trying to trigger investors is quite disgusting..
04 Jan 2022

Why only 1% of traders make money

twitter.com
I'm surprised that, so many are surprised that just 1% of active traders make more than bank fixed deposits over 3 years timeframe. Active trading is like running a business, only a small % succeed...
03 Jan 2022

Physical delivery of stock F&O & their risks

twitter.com
With mandatory physical delivery for stock options and the removal of the Do Not Exercise (DNE) facility for options (Especially buy options), the risk of huge losses has gone up significantly...
30 Dec 2021

Importance of sleep on overall health & well-being

twitter.com
not nearly enough is spoken about the importance of sleep on overall health & well-being...
29 Dec 2021

Fixing the tax audit requirement anomaly for trades

twitter.com
You need to get a CA to validate IT returns (ITR) or get a tax audit if profit when trading is< than 6% of turnover or if the turnover is> Rs 10 crores. This is an anomaly...
24 Dec 2021

Introducing Varsity video series

twitter.com
Varsity has been 8 yrs in the making with 180+ chapters and 1 lakh+ comments answered by Karthik...
22 Dec 2021

The story behind how the name "Zerodha" came to be

twitter.com
Zerodha = Zero + Rodha. Rodha in Sanskrit means barrier...