PC attacking Modi is a joke. In 2001 Modi BJP Gen Secy and PC approached for admission into BJP. But Party President Krishnamurthy rejected
— Subramanian Swamy (@Swamy39) September 24, 2013
Category: Tweets
Investing is not about ALL or NONE- Thoda Khao Thoda Phenko
— Samir Arora (@Iamsamirarora) September 20, 2013
This Thoda Khao Thoda Phenko comes from the cult movie Jaane Bhi Do Yaaro
Oh Lord B'nanke:Let this coming week, Not be weak, Limit your taper, Otherwise INR will become like paper, Only this much from you we seek
— Samir Arora (@Iamsamirarora) September 15, 2013
Full page Ads by builders = no negative coverage. For all the lamenting about dirty politics, who's blowing the whistle on the rot in media?
— Milind Deora (@milinddeora) September 18, 2013
Jayant Pai is part of the senior management team at PPFAS,one of the smallest mutual funds around.
Here are a couple of tweets he posted:
Narendra Modi will disappoint due to high expectations while Rahul Gandhi will disappoint despite zero expectations. #justsaying
— Jayant Pai (@jayantpai) September 15, 2013
And he followed it up with:
Today #NarendraModi is like an FMCG stock Good company but sky-high valuations. #RahulGandhi is like an infra stock priced for bankruptcy. — Jayant Pai (@jayantpai) September 15, 2013
So basically our friends from PPFAS want leaders with zero expectations who can surprise on the upside. Maybe in Jayant Pai we have a closet supporter of the Mamata Banerjees of the world !
Its apparent that Jayant Pai has imbibed the “value investing” principles of PPFAS.It is interesting to see the top 3 stocks by value (In Lakhs) of their PPFAS Long Term Value Fund as on Aug 2013:
| Maharashtra Scooters Limited | 1,481.20 |
| Mphasis Ltd | 1,529.61 |
| Noida Toll Bridge Co Ltd | 1,648.29 |
Two words come to my mind looking at this: “VALUE TRAP” !!
Anyways, a brief twitter war followed-as can be seen from the exchange below:
@alphaideas The word ‘crap’ may apply to your blogposts too. However I will let you know after reading the drivel that you write.
— Jayant Pai (@jayantpai) September 16, 2013
@jayantpai Ha Ha..Mr.Marketing Manager is all riled up…don’t bother reading,you won’t understand most of it anyway.
— alphaideas (@alphaideas) September 16, 2013
@alphaideas Riled up ? I want you to make a fool of yourself by continuing this conversation. Let the world know…
— Jayant Pai (@jayantpai) September 16, 2013
And let the world know the beautiful la la mind of Jayant Pai !!
Addendum:Debashis Basu,the Publisher & Editor of MoneyLife Magazine had this to say about Jayant Pai
@lordludus @alphaideas I had blocked this guy for tweeting something equally moronic to me 🙂
— Debashis Basu (@stockbets) September 17, 2013