Puru Saxena, Discover and Read the Best of Twitter Threads by @saxena_puru

Puru Saxena

saxena_puru

**THREAD**A new currency *must* be handed out to each person at the same VALUE i.e. the swop with fiat currency has to be done at the same exchange rate for

If your government introduced a new currency, it will allow ALL citizens to buy into that currency (money) at the same price. Each person would convert their existing cash into

1) Portfolio update Apr-end -$ADYEY $AFTPY $AGC $CPNG $CRWD $CURI $DKNG $DOCU $GHVI $IPOE $MELI $OPEN $OZON $PATH $PINS $PLTR $ROKU $RTP $SE $SHOP $SFTW $SKLZ $SNAP $SNOW $TWLO $UPSTPortfolio

1) Portfolio update Mar-end -$ACTC $ADYEY $CCIV $CPNG $CRWD $CURI $DKNG $DOCU $GHVI $IPOE $MELI $OPEN $OZON $PINS $PLTR $RBLX $ROKU $RTP $SE $SFTW $SKLZ $SNOW $TWLO $UPST #NQ_FReturn since

On selling -I don't marry a stock for life; my goal is to maximise my portfolio CAGR. So, when the story changes or I spot a better opportunity, I make

1) Portfolio summary - Oct-end$ADYEY $AYX $BABA $CRWD $DAO $DDOG $DKNG $DOCU $FROG $GDRX $MELI $OKTA $PINS $PLTR $ROKU $SE $SHOP $SNOW $SQ $TWLO $U $VRM $ZM Return since 1

1) Why the tech bubble might not pop in 2020 -Due to my heavy tech exposure, over the past few months, I've spent a lot of time thinking about the

Sir David Attenborough: Must watch interview!#ClimateChange https://youtu.be/Li5Xi9mIvDg via @YouTube "Human beings have overrun the world. We are replacing the wild with the tame. Our planet is headed for disaster!" -

1) Portfolio summary - Sep-end$ADYEY $AYX $BABA $CRWD $DAO $DDOG $DKNG $DOCU $ETSY $FEAC $FROG $FSLY $MELI $OKTA $ROKU $SE $SHOP $SNOW $SQ $TWLO $U $VRM $ZM Return since 1

1/7) *Ecommerce, online payments, software*IMHO, these are modern-day utilities; consumers and companies *need* them to get by. Due to network effects and/or stickiness, these businesses are quite 'moaty' and their

**THREAD**Compounding is the secret sauce -Ownership of great businesses produces wealth; short-term zigs and zags are background noise.Long-term charts of my holdings (return since their IPO) -1) $BABA ~3-bagger 2)

In order to stop followers from blindly copying my buys/sells; henceforth I will no longer post my trades in real-time.(i) I don't run a stock picking service(ii) Copying others' trades