Porsche – An Unassuming Hedge FundThis is the story of Porsche’s financial ingenuity, a trait that would yield them a $13.5 billion profit overnight but would culminate into the typical “hunter gets hunted” story
The Nasdank Stonks Journal #2Today we cover how Wall Street helped save gorillas, the emergence
The Nasdank Stonks Journal #1Hi reader, I might experiment with this concept of bundling together interesting events pertaining to the financial markets and publishing them once a week/month (we’ll see how it goes). This journal will adopt the same approach as my blogs – meme heavy but without skewing the underlying concept/event. Welcome to the first edition of The
Blockchain 101 – The Tech Behind CryptoIntroduction and Purpose The recent surge of cryptocurrencies has piqued fresh interest towards the asset class. However, before you decide to yolo your life savings into DogeCoin based on some Twitter hype, it is imperative to grasp the technology that runs these tokens – Blockchain. This blog seeks to explain the basic structure and principles
The Big Short SqueezeFrom GameStop, an intrinsically weak stock, surging over 19,000%, to Wall Street hedge funds losing over 80 billion USD, and finally, Elon Musk, Donald Trump Jr., and (yes) AOC joining hands against the brokerage, Robinhood, a lot has transpired pertaining to the financial world within the past week. For the “madlads” at the subreddit r/wallstreetbets, it’s been a rollercoaster ride too – with some members turning $53,000 into over $40,000,000, while others using their modest gains to fulfill mortgage and education obligations. What materialized was a spectacle to witness, and this blog seeks to scout through the intricacies of these events while yielding useful explanations for the same.
Water FuturesWe are well aware of the fact that water scarcity is bound to impact humanity in the coming decades. To put the potential repercussions into perspective, here are some stats for a Water Scarcity 101 – By 2025, half of the world will be living in water-stressed areas. Water demand is expected to grow by
Pokémon Cards Go BrrrrrrrPokémon cards have seen a sudden resurgence and that too as an investment. Turns out this culmination of nostalgia and well, good quality cardboard, has outperformed all conventional asset classes.
“The Single Best Trade of All Time”- Bill Ackman’s Big ShortMichael Burry’s bet against mortgage bonds foreseeing the housing market bubble was iconic. Featured in the book and the movie “The Big Short”, Burry used Credit Default Swaps as a hedge against sub-prime mortgages. His position ended up yielding his hedge fund, Scion Capital, a return of 167% in 2007. To emphasize the significance of
TSLA and AAPL- The Strategic Stock SplitsThe Market Dominance of Tech The NASDAQ big tech seems to have come out of the pandemic unscathed. Revenue growth marginally declined or grew at a sluggish rate for Apple and Tesla for specific quarters. However, future predictions and the market outlook seem to be optimistic on the digital push. The dominance of tech can
The Robinhood PhenomenonHertz, one of the biggest car rental companies, filed for Chapter 11 bankruptcy on May 22, 2020. This came in after the company had reported losses for 3 consecutive years. The pandemic further impacted the debilitated business, the company is currently 19 billion dollars in debt and has an idle fleet of 700,000 rental cars.The US Federal Reserve recently suppressed Fed Funds Rate to a near-zero level (0.25%).Fed Funds Rate SlashThe US Federal Reserve recently suppressed Fed Funds Rate to a near-zero level (0.25%). With consistent rate cuts, the Fed Fund Futures turned negative with speculators foreseeing negative interest rates in FY 2021. This speculation came after Donald Trump suggested the Federal Reserve to implement the “gift” of negative interest rates to kickstart the shrinking
Oil Price Crash: Do I Get Gas For Free?Last night my twitter was flooded with news of oil prices collapsing to a sub-zero level, this was apparently something that hadn’t ever happened in the history of the oil industry, and therefore the social media went insane claiming that such an incident would indeed collapse the economy and render everyone jobless. At the first
The Story of Yes BankYes Bank was recently put under moratorium by the RBI, restricting its banking activities for a brief period. Restrictions on withdrawals have initiated widespread panic among the depositors and investors, and the share price has seen an abysmal decline of 50%. Following this incident, the Sensex also fell 900 points (2.3%).The sudden and unexpected collapseWhile researching about unemployment rates and statistics for my economics project, I came across a dominant and alarming trend.Unemployment in IndiaWhile researching about unemployment rates and statistics for my economics project, I came across a dominant and alarming trend. The unemployment rate in India has been on a constant rise despite the government promises and measures to control it. For instance, the unemployment rate in 2011-2012 was around 3.8% according to the census report, thatIsn’t it ironic that our media covers everything from celebrity birthdays to haunted temples but can’t educate the population about an impending water crisis?India’s Water CrisisIsn’t it ironic that our media covers everything from celebrity birthdays to haunted temples but can’t educate the population about an impending water crisis? Most of the Indian population does not understand the gravity of the situation, but yes the water crisis is real and it has already affected several metropolitan cities. Chennai is outThe years 2018-2019 haven’t been particularly pleasant for India.India’s Economic SlowdownThe years 2018-2019 haven’t been particularly pleasant for India. The military face-off with arch-rival Pakistan, the intensifying Kashmir dispute and the declining economic growth are some factors that have smeared India of its former reputation as a stable state. The Central Government has more or less solved the Kashmir dispute, however, the economy continues to