I am fascinated by ChatGPT.
What it does just weeks from the launch is truly amazing!
I see that a couple of years from now, it will be as much part of our life as say road direction Apps like Google Maps.
When was the last time you looked for offline directions? Exactly.
It is already as good as an intern or a non-expert, like say a content writer at a social media agency.
Ask it create a draft blog with a sketchy outline or question or, on the other hand, compress an old 2500 word article into 750 words and there you have it. Instantly!
Tell it about your business in 3 lines, ask it to make a draft presentation. The PPT slide topics appear immediately.
Ask to give details for possible approaches to one slide, say what to highlight when marketing your services. And done.
Give some hints/ outline and ask it to write a children's book. Done.
And of course, students are already using it not just to answer questions but even to write essays.
Truly mind-boggling.
Sure it isn't perfect.
Not as good as an expert? That's like saying it got only 85% marks in the exam.
Too expensive? Remember what the first iteration of anything looked like? The size of the first mobile phones, for example?
Remember it has been launched only WEEKS ago.
Right now there are all sorts of reasons being given why it's no threat to Google/ Alphabet, but that isn't true in my opinion.
Any incumbent, especially one behaving like a monopoly, leaves uncovered flanks.
Google itself gained as Yahoo was trying to keep visitors on its own site.
Instead of pushing them to click onto a link.
Guess what? Google is trying the same thing now, leaving room for a newcomer.
Other monopoly like behaviour includes penalising a company for plagiarism because they have similar sites in 2 geographies because it can't be bothered. Instead the site owner has to do the hard work and unnecessary work of writing different content for various countries even when they would prefer to have a consistent approach in the first place.
Amazon is the same for sellers where a seller can be taken off fairly arbitrarily.
All monopolies create opportunities as it is very difficult to disrupt your own, cash-generating model.
It's rumored that Google has similar tech, but will it disrupt its current buisnesses?
Or go the Kodak route - it built the digital camera but couldn't jump in whole-heartedly.
It isn't even about ChatGPT, maybe the winner will be someone else - but ready or not, AI is going to take over a lot of our lives.
And we will need to adapt. Education is an obvious area where, ready or not, this technology is and will be available to students. Old ways of teaching, learning, testing etc will all need to evolve to take this into account.
The important takeaway for me is that there are exciting times ahead!
Here's a good overview.
From the desk of
Devina Mehra
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Einstein taught us about relativity in nature. Now come Devina Mehra and Shankar Sharma of First Global to teach us about relativity in financial markets -- and raise some serious questions about just what is driving stock prices.
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What prompts this mention is Intel's earnings report and the fact that First Global has had a pretty good bead on the company and its stock.
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Personality counts: Walmart's frugal, but Target charms
"It's better to take a slight hit on [profit] margins and keep on moving and inventing," says First Global Securities. And at least for now, Target is inventing in a way that appeals to consumers with money to spend.
Dead Batteries
At 11 times trailing earnings, Energizer is cheaper; Gillette's multiple is 25. But cheaper doesn't mean better, says First Global.
Bipinchandra Dugam @bipinchandra90
@devinamehra @firtglobalsec
invested in both GFF-GTS and Super I50. Thank you very much for such wonderful investing experience with completely new approach. In my 15years of investing first product I felt which close to what customer want.
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@firstglobalsec @devinamehra
by far you are the best, I have not come across transparency, acumen, global expertise, exposure, protection of capital, delivering return from any fund/ fund managers. Invested very small size in 3 products will keep on increasing it over the period
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@devinamehra @firstglobalsec
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@KarmathNaveen the person with whom I always interact
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Very happy & relaxed to be invested with first global pms
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Congratulations on super performance, above all transparency and systematic process are unmatchable.
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With so much of volatility in the market, risk management is very important part & considering that FG is doing awesome work!!! Kudos to you Chief
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We can load above testimonials on site as a scroller, and just below that we can add a section for compliments . Below tweets are comments and praises are related to our content, performance and some our direct compliments to you.
ADIT PATEL @ADITPAT11226924
Good team...
Special mention @KarmathNaveen .. he is soo helpful anytime of the day or night..
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Bought Peace with FG-Hum.Moving all funds from DIY investing to well managed and diversified PF at low cost.
It has doubled almost, excellent pick.Every small investor must invest in her FG-HUM Smallcase.
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I have 8 small cases and your has been the most rewarding ones .. thank you Devina.
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There is absolutely no doubt that she is one of the best investors of India in modern times but more importantly, she shares the most sincere and sane advice with retail investors.
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Wow Superb Returns🔥 Congratulations Chief for being Number 1 among all PMS!!!
You are one of the sharpest mind in Global Stock Market
AnupamM @moitraanupam
Congratulations Devina, results talk in itself!
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Congratulations ma’am @devinamehra ! The consistency you have in maintaining the top rank position is outstanding! 👏
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We are learning More about markets (& Life ) thanks to U than we learnt in our Professional courses.A BIg Thank You, Wish all get Teachers Like You!!
Sumit Sharma @MediaSumit
"The ability to be comfortable with being outside consensus is a superpower in investing...and in life." Devina ji hits the nail on its head!
Majid Ahamed @MajidAhamed1
Congratulations @devinamehra mam! All the best for long term returns as well.
Vinay Kumar @VinayKu05949123
This is the wonderful session I have ever attended till date. One of the most fruitful hour of my life. Devina madam, ur clarity on financial mkts is simply superb.The way u portray the facts supported by "data" about stock mkts is really astonishing.I will listen again.Thanks.
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I loved to read your journey, insight and philosophy. It's a pleasure to read and know of your takes on market and life.
MNC🏹 @Focus_SME
Check & follow @devinamehra's timeline for lots of post debunking such rosy stories. Also, she gives amazing 🤩 sector directions/hints.
KLN Murthy @KLNMurthy2016
Good actionable insights, great article!
Suresh Nair @gkumarsuresh
Devina Madam is simply terrific... good knowledge, straight and simple thinking.
Very difficult to emulate such traits. I listen her past interviews from youtube.
Respect...!!!!
DD @AliensDelight
One of the brightest minds in the world of finance :)
Radhakrishnan Chonat @RCxNair
📣 Calling all investors! Just had an incredible interview with @devinamehra, Chairperson and MD of First Global. We discussed the importance of global diversification, effective asset allocation, and the risks of sitting on the sidelines. Trust me, you don't want to miss this!
siddarthmohta @siddarthmohta
Excellent performance. Flexibility is the key as you have mentioned it earlier also. Cannot have finite rules for infinite mkt opportunities.
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To be honest, the insights which Devina madam brings in is very enriching..have learnt a lot from them...
Himanssh Kukreja @Himansh02428907
One of the most accurate analysts :)
I always look forward to you interviews mam
Abhijeet Deshpande @AbhijeetD2018
Madam, It is always a treat to read your insight, not only on business but on other topics also!!
Dada.AI @dada_on_twit
Thanks for this wisdom ma'am. Always love hearing your thoughts on everything equity. :-)
adil @zinndadil
Excellent points!
Can clearly feel this thread is a product of marination of many books and years of experience. 👍
Kamal thakur @Kamalgt10
Superb !!
Your knowledge, analysis & articulation is simply great 👍
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Follower on Twitter and Subsciber on YouTube of First Global, really helping me in my investment desicion. Thanks
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