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XPlutonium t1_issnvmk wrote

I really think you should check out their balance sheets to get a better picture. Adani is actually deeply over leveraged. So he’s effectively doing well so long as he’s cozy with India’s current administration

Asset valuation on itself has The GDP Problem so it doesn’t always give you an accurate picture

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howbownow6 t1_isspl6o wrote

It’s a very short sighted presentation, just taking last one year, 5 years would be more real of analysis, but just looking at 1 year this is interesting, but does not really prove who are the best or worst investors since one year is too small of timeframe for real analysis without temporary swings in markets etc

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Bewaretheicespiders t1_ist2xal wrote

> does not really prove who are the best or worst investors

I mean most of them shouldnt even be called investors but entrepreneurs. They dont have a portfolio, they have shares in the cies they created or raised, and little else.

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Ajsat3801 t1_issql3l wrote

Yes...and India as a country is still growing unlike other places which are struggling from inflation and lack of growth

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No_Communication5538 t1_issvb92 wrote

Also depending on cheap oil from Russia, funded by the misery of the Ukrainians.

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cherryreddit t1_issw6o7 wrote

No. Stop with this anti India propaganda. Oil is still costlier than pre pandemic. . Europe should have had many more billionaires when they are using 100x more russian gas than India.

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No_Communication5538 t1_isszm5q wrote

The cheap stuff India is buying is oil not gas

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cherryreddit t1_ist0wpj wrote

Oil is not cheap now and Russia accounts for only ~12% of total Indian oil imports. Whereas the real money that Russians are using to kills Ukrainians is coming form the 100x gas that Europe is still buying from Russia. It is Europe that propped up Russian economy by increasing gas buying for almost a decade after Crimea. Blaming India is hateful propaganda by western media to avoid facing the blame for their own decisions.

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Ajsat3801 t1_issyo8s wrote

Which in turn lowers the oil price of everyone..its every man for himself...USA is funding this propoganda to support Ukraine cos it suits its interets..what about Armenia? are Armenians not humans? What about Yemen? What about Afghanistan?

Also why should India support the same country that supported a genocide of Bangladesh and attack on India by supplying weapons to Pakistan?

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Walking_billboard t1_isswvtj wrote

Ya, this guy is building a legendary-grade house of cards. He buys companies, saddles them with debt, and uses the cash to buy the next company. Wash, rinse, repeat.

There is always the chance he pulls it off, but there is a much larger chance his companies implode in the next 18 months.

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LivingMemento t1_istmg2z wrote

That was the technique the Mafia used although they had respect for the workers. Wall Street then followed the Mafia model without the basic human decency. Private equity is usually best explained using the lessons from Goodfellows or the Sopranos sporting goods store episodes.

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