We have trolled him a lot and made fun of his group companies but one thing we have to admit, Gautam Adani has achieved something that no Indian has ever achieved - the 2nd richest person in the world.
Yes, we start your weekly dose of meme-letter with the good news of Adani dethroning Jeff Bezos. Now to dethrone Elon Musk, the shares have to skyrocket for another two years but maybe they will (fingers-crossed!). Just like how action movies defy physics, Adani stocks defy fundamentals and continue their run, only God knows when they will stop. Enough ranting about stocks, let's get into memes right away.
We don't need any description as the image speaks for itself. Gautam Adani has been slaying everyone (not literally) and moving to the top. While it may take some time to catch Elon Musk, there are chances tho!
We have been having a smooth few months with not much volatility, but seems like the US inflation may spoil our peace. Hopefully, my portfolio doesn't go down more.
Let's be honest. Both you and I know this run is not permanent and more than us, Shree Cement is mad a lot now. You see, when a company is excluded from the index, all passive funds have to sell it and buy the new one. So Shree Cement will fall. There you go, the lesson for the day.
We were so occupied with Russia and the war that we forgot completely about inflation. It has come back to haunt us again.
The first question is, who even approved this headline? Even our meme goes through rigorous selection (I look at a list of memes and pick the best ones).
If there is one thing that has been consistent this year, it's this meme. It keeps dipping and we keep buying. Profits never see the light of the day.
We wanted to use this meme ages ago but just wanted to confirm how long it will last. But now we have no issues. The Euro is officially less valued than the USD for almost two months now. Europeans can't brag about anything hereafter (except for their free healthcare, which is pretty cool).
Now, you can either laugh at these memes and go back to worrying about constant volatility, or you can check out Value Research Stock Advisor and forget about it. We have recommended 54 stocks and have two ready-made portfolios for you too. Maybe you should give it a try.
This article was originally published on September 17, 2022.
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