Capitalmind Podcast - Super-money: Why everyone wants to be everything in Finance

Super-money: Why everyone wants to be everything in Finance

04/04/24 • 78 min

The idea that finance companies want to do everything from payments to lending to broking to investments is strange - why not just be good at one thing?

It’s a simple explanation, it turns out. Find out more about the business of money in a language you can easily understand, through the words of Deepak Shenoy and Shray Chandra.

Capitalmind manages Rs. 1700+ cr. as a SEBI-registered PMS, and has quantitative investing strategies that use extensively tested factor data to invest into stocks. Our flagship Adaptive Momentum strategy has outperformed the market indices over 5+ years.

References:

00:00 Introduction

00:17 Why does every company do everything in financial services?

12:41 Why aren’t banks more aggressive in growing and pricing things lower?

26:40 Discussion on the success of Bajaj Finance and arbitrage between Banks and NBFCs

36:46 Why aren't banks aggressive on lending ? What's the issue with lending?

56:49 Deepak explains the Indian Bankruptcy code

01:07:13 What can we do to fix this?

More about us: https://cm.social/pms

Schedule a call with us: https://cm.social/pms-connect

Deepak’s Twitter: @deepakshenoy

Shray’s Twitter: @shraychandra

Capitalmind Twitter: @capitalmind_in

Deepak's first book: http://amzn.to/3CgkGea

The idea that finance companies want to do everything from payments to lending to broking to investments is strange - why not just be good at one thing?

It’s a simple explanation, it turns out. Find out more about the business of money in a language you can easily understand, through the words of Deepak Shenoy and Shray Chandra.

References:

00:00 Introduction

00:17 Why does every company do everything in financial services?

12:41 Why aren’t banks more aggressive in growing and pricing things lower?

26:40 Discussion on the success of Bajaj Finance and arbitrage between Banks and NBFCs

36:46 Why aren't banks aggressive on lending ? What's the issue with lending?

56:49 Deepak explains the Indian Bankruptcy code

01:07:13 What can we do to fix this?

More about us: https://cm.social/pms

Schedule a call with us: https://cm.social/pms-connect

Deepak’s Twitter: @deepakshenoy

Shray’s Twitter: @shraychandra

Capitalmind Twitter: @capitalmind_in

Deepak's first book: http://amzn.to/3CgkGea

Previous Episode

Why do financial markets have circuit limits?

Ever wondered why circuits are in place?

It all started on Black Monday in 1987, where a 25% market correction prompted the introduction of market-wide circuit breakers in the US. These limits aimed to ensure market maker solvency and prevent panic-induced trading.

Fast forward to 2001, and India also introduced circuits to handle intraday market volatility. From the Nifty's inception to the imposition of index-level circuit filters, the Indian market landscape has witnessed a steady evolution in its approach to market regulation.

In this episode, we delve deeper into the concept of circuits, with real life stories and understand how they help the market.

We also discuss, should circuits continue to exist in their current form? or is it time to explore alternatives that foster greater transparency and resilience?

Show Notes & References

00:00 Introduction and Disclaimer

01:24 Background on limits or circuit breakers.

06:38 When did India implement the circuit breaker?

09:20 What are the current rules for circuits in India?

15:58 Why are circuits interesting in the first place?

19:07 What would happen if circuits weren’t there?

24:38 Some interesting stories on circuits in the stock market

36:34 What is a better way to manage circuits?

40:47 Will circuits continue to exit?

Next Episode

All is forgiven in the financial markets

Have you ever wondered why finance seems to have a forgiving nature?

From the sins of the past being easily forgotten to the belief in second chances, we'll explore the nuances of forgiveness in the financial realm.

We'll dissect the tactics some "for education purposes only" players use to enrich themselves at the expense of their students. It's a sobering reminder to always question the motives behind the message.

We uncover the darker side of startup culture, where founders blur the lines between innovation and exploitation. It’s a cautionary tale for aspiring entrepreneurs and investors alike.

Deepak & Shray, in their quintessential style, discuss nuances of investing and finance in this latest episode of Capitalmind Podcast.

Show Notes & References

00:00 Introduction and Disclaimer 01:35 Why is finance a uniquely forgiving industry? 19:37 Deepak’s views on AT 1 Instrument 28:23 How do customers react to their fund managers' pros and cons? 57:57 Critical look at how some financial educators profit heavily from courses that may not benefit students as promised. 01:05:40 A look into the darker side of startup culture where founders misappropriate funds and then start new enterprises. 01:12:00 Delving into the challenges faced by companies when customers misuse their power.