Investors underestimate the kind of value erosion consistent equity dilution makes.
#IDFCFirstBank has seen # of shares O/s rise by >50% in the last 5-6 years.
Scratching only the surface of, what seems like, a marvellous book and it's a new realisation (for me!) that what sets #China apart is its focus on having engineers among its leadership (compared to the #US focusing on lawyers).
#Breakneck#DanWang@danwwang#NIFTY#Trump
Don't conveniently ignore the 'positive' impact on #India of an #Indian sitting in the US.
~USD 140 B of annual remittances means the #RBI shells out about 17% lesser of its forex reserves (in supporting the INR) because the remittance takes care of the balance.
#NIFTYIT
"Electric two-wheelers with high range require high energy density, hence Nickel based chemistries are dominant presently. While LFP has a longer cycle life and lower cost, it has a lower energy density. "
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