Had an amazing Clubhouse session with Siddhartha Bhaiya @sidd1307 and the @AequitasL team.

Here’s a thread🧵on some interesting points made by him:

Read on👇

1/ Good Business and Bad Business

No business is bad. It’s all about ethics and intensions. All businesses are difficult to run because we live in a capitalist society.

You know the level of difficulty only once you start a business.

2/ Numbers vs Story

Focus on hard code numbers. Don’t focus on story and narratives. They will come later.

Once the story is all over twitter and media, it's probably the time to sell.

Always remember: The best publicity of a stock is the increase in its own stock price.

3/ Downside Risk

Focus more on the downside risk and less on the possible upside. This concept is counterintuitive to many.

Think of how I can reduce the probability of making a loss. If you protect the downside, upside will take care of itself.

4/ Can we predict the Future?

The future is uncertain. Our ability to predict the future is extremely low. No one know about how Uber and Zomato would change our lives.

Very important to know what you know and what you don’t know.