This is why we dont talk about this stock? |Vinod Srinivasan|

Summary

The speaker reflects on a successful event in Singapore and announces an upcoming event in Abu Dhabi. They introduce a new substack for sharing macroeconomic research and discuss market corrections, advising viewers to invest wisely. The video also covers Dr. Reddy's Laboratories' stock split, making it more accessible to new investors, and the speaker expresses reservations about investing in companies led by eccentric leaders, citing Elon Musk's recent actions as a cautionary tale. The speaker concludes by inviting viewers to subscribe and engage with their content.

Takeaways

• 🎉 The speaker had a successful event in Singapore and expresses gratitude for the affection shown by the audience.
• 📅 The next event is scheduled in Abu Dhabi on October 5th, and interested participants can reach out via WhatsApp or email.
• 📝 The speaker and his uncles have launched a Substack newsletter for sharing original research and articles.
• 📉 The speaker discusses the market correction and advises viewers to invest wisely, not impulsively, like buying movie tickets.
• 💊 The speaker mentions Dr. Reddy's Laboratories stock split, which will make shares more accessible to new investors without changing the company's valuation.
• 🚫 The speaker expresses concern about investing in companies led by eccentric leaders, citing Elon Musk's recent actions with Twitter as an example.
• 💡 The speaker clarifies his stance on Reliance Industries, stating it's not the company or its business he's against, but rather the leadership style of its chairman.
• 🎁 Mr. Ambani of Reliance Industries has announced a bonus for shareholders, which the speaker does not extensively discuss due to his reservations about the company's leadership.
• 📚 The speaker promotes his two published books and provides information on how to obtain them.
• 🙏 The speaker thanks his audience for their support and encourages them to subscribe, like, and share his content.

Q & A

What was the speaker's experience during their 10-day event in Singapore?

The speaker had a very successful event in Singapore, receiving affection from people everywhere they went, including the streets, restaurants, malls, and especially at the events.

Why does the speaker's team want to organize an event in Abu Dhabi?

The speaker's team wants to organize an event in Abu Dhabi because they have many friends there and they believe it's an area where they have not done a full-fledged event yet.

When is the next event scheduled in Abu Dhabi?

The next event is scheduled for the 5th of October in Abu Dhabi.

What is the purpose of the substack mentioned by the speaker?

The substack is a blog-style newsletter where the speaker and his uncle will post their original research and analysis on macroeconomic trends. It also includes articles they regularly write for The Hindu.

What advice does the speaker give regarding investing in the market during a correction?

The speaker advises not to splurge in the market like buying a movie ticket, especially for those who get worried when their shares decrease in value. They recommend considering the future and not getting carried away by the excitement of the moment.

What is the significance of Dr. Reddy's Laboratories' stock split announcement?

The stock split of Dr. Reddy's Laboratories from five to one will lower the entry barrier for new investors, making the shares more accessible. However, it does not change the company's valuation as the price per share decreases proportionally with the increase in the number of shares.

Why does the speaker express concern about investing in companies led by eccentric leaders?

The speaker is concerned because eccentric leaders, like billionaires, might make decisions that could significantly impact the company's value, which could be risky for small investors. They prefer leaders who are more prudent and cautious for all investors.

What is the speaker's view on Reliance Industries and its leadership?

The speaker is not against Reliance Industries as a company or its business but is concerned about the leadership style of the person running it. They prefer to invest in companies where they understand and trust the leadership's philosophy.

Why does the speaker compare Elon Musk's management style to the leadership of a company they are hesitant to invest in?

The speaker compares Elon Musk's management style to highlight the risks associated with investing in companies led by eccentric individuals. They use Musk's recent actions with Twitter as an example of how such leadership can lead to unpredictable outcomes that might not be favorable for all investors.

What is the speaker's advice for those who are not comfortable with market volatility?

The speaker advises those who do not have the stomach for market volatility to stay clear of the market and avoid investing in shares, as they understand that the money people invest is hard-earned and they do not want their viewers to suffer from anxiety or sleepless nights.