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Alpha Ideas SME Stars Meet 2019 @NSE

The idea was very simple. 11 SMEs from various industries. 20 minutes to explain their business, growth, financials and expansion plans. No Q&A session. 
Audience: Interested investors & Me
Location: National Stock Exchange, BKC
Off late, I've started venturing into a lot of new things. One of them includes visiting places/sessions/seminars/events to see what new is out there (even if that means I have to go alone). About a week ago, my father noticed an SME (small to medium enterprises) stars meet event opening on the Alpha Ideas blog page. Now I work Monday to Friday, so sacrificing my Saturday morning sleep, I must admit, wasn't something I was looking forward to.
However......
Recent posts

"Ok Boomer"

What is Boomer?
Boomer is an informal term for baby boomer, a person born during the baby boom (sharp increase in birthrates) after World War II. This generation generally includes anyone born in the US between 1946–65, a time of great economic prosperity.
What is Ok Boomer?
Ok Boomer is a viral internet slang phrase used, often in a humorous or ironic manner, to call out or dismiss out-of-touch or close-minded opinions associated with the baby boomer generation and older people more generally.

Historical Wrongs can't be corrected by Courts: SC

Today's papers were filled with the Ayodhya Verdict. The decision made put a final end to a dispute which has been going on for the last 5 centuries. 
One of the points put forward by one of the parties was to be compensated for the losses which they bore due to past regimes. Mentioned below is an excerpt from the verdict which rules out against the demand: 
PS - The excerpt has been taken taken from the TOI writeup (dated 10th November 2019).

5 Good Judges - Ayodhya Verdict, Section 377, Triple Talaq and many more

India is a culturally diverse country. Which means it is home to people who belong to different faiths and follow different practices. 
Now, it is no hidden secret that a majority of Hindus and Muslims have not got along well in the past (and maybe in the present too). There have been instances when difference in opinions and understanding (or obsession) of religions has taken a bad turn. In such a situation, it is very important to have a body in the country who thinks rationally and makes their decisions based on facts and evidences rather than being swayed but religious sentiments. 
Enter the Indian Judiciary. 


The Ayodhya Verdict panel - (L to R) - Justice Ashok Bhushan, Justice S A Bobde, Chief Justice of India Ranjan Gogoi (centre), Justice D Y Chandrachud and Justice S Abdul Nazeer. 
Now, a lot of citizens may not agree to this, but in these past years, our judges of the Supreme and High Courts have taken quite bold decisions. How much difference that will make to society is a diff…

The Ayodhya Dispute & Verdict - What you need to know in brief

The Ayodhya Dispute: It is a political, historical and socio-religious debate, centered on a plot of land in the city of AyodhyaUttar Pradesh from 1528 to 2019. The issues revolves around the control of a site traditionally regarded among Hindus to be the birthplace of the Hindu deity Ram, the history and location of the Babri Masjid at the site, and whether a previous Hindu temple was demolished or modified in order to make place for and create the mosque. This mosque was subsequently destroyed during a political rally which turned into a riot on 6 December 1992.
5 centuries of dispute. 5 Suits. 26 Points. 533 Exhibits. 88 Witnesses and 41 Days of Hearing later........
The Ayodhya Verdict: The Supreme Court ordered the land to be handed over to a trust to build the Hindu temple. It also ordered the government to give an alternate 5 acres of land to the Sunni Waqf Board for the purpose of building a mosque.
SOURCE: https://en.wikipedia.org/wiki/Ayodhya_dispute

Why A Casino Always Makes Money

Ever wondered why people almost always lose money in a Casino (except for the few times when luck works in their favour and they leave richer than when they first entered)? Well, for starters, the House always wins because they rig the game. How?

Trade Expectancy

Trade expectancy is the calculation that shows what the typical profit is for each trade that is placed. If it's a negative, the strategy is a loser. Here is an easy way to understand it with a simple example.

Firstly, the calculation combines how many trades are typically won with the average loss on losers and the average gain on winners.

Say for example, you buy a stock at Rs.100, your stop loss/risk for the trade is 10 points (you will sell when the price falls to Rs. 90) and your target is 20 points from you purchase price ( i.e, Rs. 120).