Comments by "Sankalp" (@sankalp6872) on "We put Oxfam’s ‘Eat the Rich’ condemnation of India’s wealth creators at Davos to test of facts" video.

  1. The reactions to the Oxfam report will tell us about the state of FINANCIAL LITERACY in India. Vividly speculative numbers are good for headline hunting. India isn't resource-rich like the middle east or Scandinavia. Our pathways to WEALTH are our entrepreneurs. Are the two famous "AA"s stealing from anyone? The flight tickets of the OXFAM CEO, too, can pay for the electricity bills of the destitute, but that won't be a colorful graphic in the report.
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  2.  @hariramchoudhary9  The answer is that they haven't done anything remarkable or better. You are wrong regarding the "fast rise of their market share". I hope you know the difference between market share and market capitalisation. The perception around Adani-Ambani have fuelled a stock rally. In fact, Adani enterprises is trading at 352 PE. But as every sane person knows, share price doesn't mean cash.
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  3. 23:24 Maybe call them "Notional Gains". At least, Unrealized Capital gains will appear on the financial statements. Forbes's calculations are purely SPECULATIVE numbers.
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  4. Today SG did to Oxfam what Salvatore Babones did to Rajdeep a couple of months ago.
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