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thegravityblog · 1 year

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Tuesday: 06-05-2023

8,25,41,500

A hell of a day! My morning routine is the usual one, but I just felt waves of happiness throughout the day. Focus was clean, precise didn’t wobble at all. Work started with 2 meetings for Stellar and Dexa. Stellar is a challenge for me, and I love challenges. One of my traits that I adore is my ability to not taking a “NO” for an answer. Either you are with me, or I will pursue you. There’s nothing like NO in my dictionary. The challenge I am facing with stellar is raising the rest of the capital to invest in stocks and bonds. Stellar Capital Management is a hedge fund that I have started, pretty small starting with $1M (Rs.8,25,41,500 INR). The pitch is to provide an annual return of 10-12% but that absolutely depends on the face of the market. Volatility ride is obvious, hedging the market is a tough feat, with already established player with a track record in your competition. But that doesn’t really matter, I always try to learn from my competition, its healthy unless someone is jealous ass. Can’t be around there. So the challenge I am facing is being a newbie, and the only track record I have is my 9 Years of investing experience in both domestic and international securities. I won’t call myself the best trader, but I am pretty good at it. There have been years where I was hitting 12-14% returns, and that’s the only CV I have while raising money. And when you have established competition, and mind you competition in finance is fierce, many prospective clients I pitched, has ultimately refused to work with me. 19 people I pitched have said No to I’ll think about it. And hedge funds are not open to everyone, or the general retail investors, these are high frequency investment engines for the HNI (High-net individuals) and UHNI’s (Ultra High-Net Individuals). I haven’t pitched any UHNI, because simply they won’t even talk with me or book an appointment, they can only be pitched once I hedge the market and perform well my first year. They don’t talk to newbies. So, these are the cream of this country and also a couple of people from the US. I cannot name them here, but I am fortunate enough to pitch a couple of very wealthy entrepreneurs from Silicon Valley as well and all from my bedroom. I have had a couple of in-person meetings with prospective clients from my own city Majority of them has appreciated my drive and determination, that I am not throwing flashy acts of hiring finance graduates, with a swanky office. None. All from my bedroom. I have always been an advocate of the fact that if you want to pursue something, and you really know your shit? Well you can do it. So the challenge now is raising the rest of the money. And in India to start a fund affiliated with SEBI (Securities and Exchange Board of India) you have to start with atleast Rs.20Crors ($2.7 Million), and to start privately you need to put Rs.50 lakhs of your own money. So I sold an E-commerce store recently and made a major chunk from the sale, and put that all into this fund. Later on, you have to get a SEBI license, and will get that when the time comes. I don’t shop, although I have enough to, but the money is being aggressively invested into my personal portfolio and building new things. So I control the urge to splurge, but I still spend a lot on buying books every month. But my birthday is next month and I am surely gonna splurge like a madman. Also my new ride will be home around my birthday only. But the caveat - A present to my parents from me. Personal and family expenses are different. I also work as a consultant cloud engineer at AWS, so that gets injected at my house. Dexa will start generating revenue by the end of July, right now, on-boarding events and allowing users to love the product is the goal. It’s BETA now, v2 will launch by December this year. I started Dexa officially after a 3 month internship at Norton LifeLock, in October 2022. I quit a cushy job at Norton as a system admin, afraid but brave enough to risk it. So in short it doesn’t really matter if it’s Tuesday or Sunday, I am putting off fires everyday. And I love it, this is what I always wanted to do, an from here it’s only the way ahead and above. So then after tackling the meetings, I started coding the AI therapist and did that all day long. My CTO looks after Dexa and provides me a report every night. Evenings are mostly listening to music, podcasts, interviews and reading a book. I have to read VERTEX Pharma’s 10-K tonight too. In short, I am having a blast and I am all grateful for this. I am alive after a long period of abuse and nothing can be much better than what I have now and will have. My therapy session is on Thursday, it has been moved due to our schedules. Grateful for a family who allowed me to chase my dreams What is Dexa? - https://www.crunchbase.com/organization/dexa-3906 https://www.dexa.club Stellar Capital Management: https://www.stellarcapital.info Tech Integrated Inc (My first startup - My background): https://www.crunchbase.com/organization/tech-integrated

#journal #photo diary #tuesday #stocks #hedge funds #coding #AItherapist #happysoul #life is beautiful #lovelife #peace

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thegravityblog · 1 year

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The coolest thing about programming a project is, that whatever you’re building, you get to learn about that subject. As I am developing an AI Therapist, that would feel exactly as if you are consulting a therapist (my goal is to attain that), I am getting to learn in-depth about psychology. A year with a therapist as a background also helps. This project is very personal to me, hence I am putting my soul into it. There are many people who suffer on a day to day basis, due to some sort of emotional/mental distress, I have been in that place and I swear it sucks and with technology advancing, I took the charge of building something that helps. I also am a donator at a local de-addiction center known as AKASH HOSPITAL, in Kharar, SAS Nagar and I meet regularly addicts and their families, and I have been in that situation too, is also helping me understand foundationally the logics of the app. Fingers crossed, the deadline is to launch it on my birthday, i.e. 08th July. I secretly suffered a lot last year on my birthday, although I was with my family but I was faking my happiness because a dubious bitch sneakily ran away, as she had to now benefit from someone else. Anyway, that’s not the subject, but as I suffered last year, with this app I believe a soul will get some relief, and will not feel the way I had to on my birthday. Hence, I’ll launch it on 8th July 2023 and help atleast 1 soul somewhere around the world, who needs help but can’t think of one and ask for. I can’t help, but one incident won’t kill my kindness. I have always been and always will. I’m cautious with whom I let into my life now and help, but this is a noble cause just like the donations I make to help the addicts and their families who cannot afford the very expensive treatment of detoxing. See ya tomorrow! Goodnight.

#journal #psychology #clinical psychology #artificial intelligence #app #therapist #AItherapist

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