Joseph Jude

In reply to @GergelyOrosz

@GergelyOrosz @doctorow Question: Is 'x' going through "enshittification" now?

In reply to @

@pankaj013 Be the path ;-)

In reply to @

@aklawyer Is it sarcastic or serious Ajay? Isn't Japan suffering from being full of old people and not enough young? Canada, US solved through immigration - plurality. 2ndly: Are you saying India should adopt a single identity, language etc?

In reply to @_zenman

@_zenman What other google products are you using - gmail, android?

In reply to @_zenman

@_zenman @nileshtrivedi @jagograhakjago I stopped using google chrome because of these dark patterns. Google has become more evil than MSFT

In reply to @arvindhsundar

@arvindhsundar I can relieve you of the pain. You can gift me that Mac you have difficulty with ;-) On a serious note though: Use one for a specific purpose - learning courses, playing games, watching movies .... This primes your mind.

In reply to @BrandonCWhite

@BrandonCWhite 6k jog

In reply to @parkerworth

@worth_parker The ideal position is to be at the near-maximum of fortune, and enough fame to earn but not crave more. My reasoning here:

In reply to @_zenman

@_zenman All digital data is safe behind 18 inch thick wall

In reply to @rishabh_grg

@rishabh_grg Can I refer my podcast interview with @arvindhsundar here? This may not give you a full understanding of marketing, but might give you a perspective of how to think about marketing your app

In reply to @chrisrickard

@chrisrickard @AlexMano12 Tech stack is not a problem. I struggle with finding a problem to solve

In reply to @

@pankaj013 Looks nice. Did it taste nice too?

In reply to @_zenman

@_zenman @ProgressiveCod2 I went to analytics few days after I posted few twitter threads and it was like, "you haven't posted anything" At this time, x is completely broken and optimized towards outrage.

In reply to @_zenman

@_zenman @ayushtweetshere Congrats on this release Manish. Keep building. Keep shipping.

In reply to @jjude

My main attraction to @SubstackInc is that discovery is built into it without algorithms. As you comment on notes and other people's posts, you can get discovered. Unlike this platform it is not optimized for outrage. Do you have any opinion between SS & CK?

In reply to @jjude

When a product is a combination of multiple things, it is an advantage in one aspect but also it will be the average of all of those combination. CK excels as newsletter and it goes deeper into it. SS is ok in all (lot of missing features) but brings all these features together

In reply to @jjude

Substack is blogging platform + social network + newsletter ⇒ • it comes with rss feeds • there is discovery built into the system • subscription is built-in

In reply to @SarangB7

@SarangB7 Did you mean SIP in equity funds or STP?

In reply to @anusehgal

@anusehgal • 2024 election will be Modi vs Modi • As soon as opposition put up a PM face, Modi will look so much better Ruchir Sharma said these in his latest Indian Express Adda (among other things: ) There is nothing to unsettle Modi in 2024 @madversity

In reply to @BansalRahul14

@BansalRahul14 @SathyaHQ I'm much more interested in the tool than the content ;-) What tool is this?

In reply to @Jordan_RK

@Jordan_RK @theresanaiforit This is my take as well. I have often burnt my fingers (been here since internet took off) with enticing free offers and then when you have built a corpus of your work they change pricing.

In reply to @_zenman

@_zenman They can get away with it because folks will drool over these jobs again and leave smaller companies (again). We chase status not stability

In reply to @nileshtrivedi

@nileshtrivedi BMW introduced such bikes. Sales were minimal so discontinued it

In reply to @jjude

That's a wrap. You can watch nearly 2 hour session here: If you liked the thread, please retweet the first tweet below:

In reply to @jjude

Will finish with this maxim he repeated through out the session India disappoints both optimists & pessimists 😀 26/26

In reply to @jjude

• Indian state is so productive in UPI & ISRO but not in others • Economic growth is a fn of labor force & productivity • Productivity can be achieved only via investments in R&D • Removing state from business is crucial for development 25/26

In reply to @jjude

• Geographically and demographically, India is currently favorable for investment opportunities. • As an investor you should always assess what could go wrong • Don't make any forecast > 5 years • Certitude is a sign of mediocrity 24/26

In reply to @jjude

• Indian stock mkt is expensive compared to other emerging markets • There is significant increase in the number of billion $ Indian companies • Embracing digitization has led to a digital economy emerging in India, which has had exceptional impacts on various sectors. 23/26

In reply to @jjude

• India has good quality companies • Instead of focusing on producing MNCs from here, focus on creating more domestic quality companies (Korea produced Samsung; but Korea has worst corp governance) • Hinderburg report had less effect on foreign market 22/26

In reply to @jjude

• Businesses desire a system that has enough checks & balances • Next Tata, Birla, Amabani would be from investment side • We focus too much on leaders; Thriving economy is more about ecosystems • There are multiple factors for growth; no straight correlations 21/26

In reply to @jjude

• Domestic business is crucial for economic growth • Predictor of crisis = domestic businessmen withdrawing investments • Lost of domestic business are moving to Dubai & Singapore • In India, privatization is coz of malign neglect 20/26

In reply to @jjude

• Global investors don't bother about sectarian tensions • Consumption is good, India should focus on increasing investment • Domestic biz moving out (Singapore etc) is alarming; Find the cause & control • Misuse of investigative agencies undermine biz confidence 19/26

In reply to @jjude

• Manufacturing growth in India has been slower compared to Korea, Taiwan, & China • Indian growth is primarily on services (which is not labor intensive) • Only manufacturing will create more jobs 18/26

In reply to @jjude

4️⃣ Indian economics • Don't take China + 1 strategy granted; don't think where will money go except India • Foreign capital improves corporate governance • India never grew more than 3% more than global economy • This is the 4th wave of attention on India 17/26

In reply to @jjude

• China didn't have a welfare state; even in public sector large layoffs happened in 90s • It is challenging to layoff in India • India has a tendency towards statism, making privatization difficult. 16/26

In reply to @jjude

• From Gandhi, politicians have been close to biz leaders (Gandhi - Birla) • Many Indian billionaires gained wealth through govt patronage • No strong connection between economy & politics in India • Modi at center & oppositions at state is good for India 15/26

In reply to @jjude

• In 2019, Nov, Cong did well in state elections • Jan 2019 opinion polls showed BJP will get around 220 • Balakot incident led to surge in support of BJP; BJP got 300 seats • Opposition parties are together for existential reasons; not for ideological reasons 14/26

In reply to @jjude

3️⃣ Indian politics • India gained political freedom but has socialist economy • 2024 election will be Modi vs Modi (=his policies) • Modi will look far better than any opposition face for PM • BJY improved RG's popularity but it won't convert into sizable votes 13/26

In reply to @jjude

• Capitalism should support creative destruction • In the past 50 years, top 10 companies have changed with every tech change • AI didn't change the dominant companies; existing companies retained the markets • Regulations are helping incumbents 12/26

In reply to @jjude

• Fossil fuel are here for long • Oil economies (like Dubai / S Arabia) are booming • No new forms of energy to match the supply of fossil have come up 11/26

In reply to @jjude

• Out of 200 countries tracked by IMF & WB only 40 are developed • All other countries are emerging • Brazil, Mexico, South Africa have been emerging for long; going round & round • Next breakout country would be from Eastern Europe (Poland; it is the largest economy) 10/26

In reply to @jjude

• India benefits from China + 1 strategy • Not just India but Vietnam, Indonesia, Mexico too • When elephants fight grass suffers; but small animals can benefit too • India can exploit diff between major powers; done so well 9/26

In reply to @jjude

• MNCs are facing a black swan moment. Their investments in Russia was wiped out coz of sanctions • MNCs will diversify beyond China. Has India earned its place? 8/26

In reply to @jjude

• High tax cities (ex: NY) drive businesses away • Biz friendly cities (Dubai, Singapore, Miami) are the biggest beneficiaries in post-covid era 7/26

In reply to @jjude

• US debt used to be 3% of GDP now 6% • With tech (AI) US $ is still dominant • US feels where else will money flow since it has most tech (China might tilt since it is acquiring more patents) • Top companies in US are tech; Top companies in Europe are luxury companies 6/26

In reply to @jjude

2️⃣ Global economics • US $ peaked its value • Seeds of dislodging $ already sown by US; dislodging will take forever • With heavy sanctions on Russia, US weaponized $ • Other countries will look to protect their currency 5/26

In reply to @jjude

• No clear link between economics & politics in non-west • US will entice India to counter China • US, India, Taiwan, Mexico, Indonesia have elections in 2024 • Anti-China party winning could rattle China • China invading Taiwan is 20% probability with worst outcomes 4/26

In reply to @jjude

1️⃣ Global politics • China's economic miracle days (>9% growth) are over • China with $19B is still a dominant player • China has most patents esp in EV. Even Telsa buys from it • China will be assertive on the global politics • China brought S.Arabia & Iran together 3/26

In reply to @jjude

Though it was a free form discussion, I'm noting the points under these 4 headings: 1️⃣ Global politics 2️⃣ Global economics 3️⃣ Indian politics 4️⃣ Indian economics 2/26

In reply to @Nisha123

@Nisha123 Apparently I can't DM you since you don't follow me ;-) Ok. Is there a minimum word count? I have a 250 worded note on this. Is that ok? Are there other guidelines that I should follow (did read the about us page)