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The thoughtful investor

Follow @BMTheEquityDesk for observations on the markets, investing, the economy, taxation, and more

The thoughtful investor

@BMTheEquityDesk
Followers 94.3K

Basant Maheshwari is the author of The Thoughtful Investor and co-founder & partner at Basant Maheshwari Wealth Advisors LLP. Maheshwari's tweets touch upon current topics and how they affect investors. They also feature his observations on the markets, investing, the economy, taxation, and more. Being a well-known commentator for various business TV channels, his views and opinions carry credence and are definitely worth following.

Over the past 12 years where the Nifty has given a negative return (dollar terms) there have been at least 20 stocks which have gone up 10-50x each. And we've held 4-5 of these (public information). You have to know what to buy and how much to buy. Read the last sentence twice. https://t.co/oqHkDj4efl

— Basant Maheshwari (@BMTheEquityDesk) April 30, 2020

The pain of a crumbling economy varies 'inversely and fiercely' with your networth. So check your bank balance before deciding for what you want? #LockdownEnd

— Basant Maheshwari (@BMTheEquityDesk) April 29, 2020

We have experimented a lot over the past 6 years. The focus should now be on the economy. Time is running out. We can't allow the 'lockdown' to turn into an 'economic knockdown'. We can't afford an India with 2% GDP growth. We can't allow things to get to a point of no-return.

— Basant Maheshwari (@BMTheEquityDesk) April 25, 2020

India's Balance sheet reflects a revenue stream that is broadly variable (tax and non-tax) and a cost structure that is broadly fixed (interest, salaries, defence, health and subsidies).

In other words, money has to be spent whether the state generates revenue or not.

— Basant Maheshwari (@BMTheEquityDesk) April 25, 2020

How many bought Infy and Wipro before 2000? How many bought Pantaloon, Bharti and Unitech before 2008; how many bought Page; Gruh, Eicher and Sun before 2015? Most buy after a top is made and the top will not be made till most of the participants buy it or get positive on it.

— Basant Maheshwari (@BMTheEquityDesk) April 2, 2020

The research houses, brokerages, fund managers & the public will either buy stocks that won't go up at all on recovery or they will remain in cash.Just as stocks don't get converted into cash at the top cash doesn't get converted into stocks - at the bottom. That's a classic.

— Basant Maheshwari (@BMTheEquityDesk) April 2, 2020