Hmmm.......ask your friend to start with Rs. 50,000...:thumb:
Now lets see the future assuming he doubles the money every 10 days (i.e. 2 trading weeks).
In 6 mths (26 weeks) - Rs 41 Crores
In 1 Year (52 weeks) - $ 56 Billion (He already passed Buffet at $ 53 Billion)
In 1 year 1 week (53 weeks) - ~ $ 80 Billion (He is already the richest man on the planet).
In 61 weeks - >$ 1 Trillion ( He could easily buy 100% stake in all the companie listed on BSE and NSE)
In 68 weeks - $ 16 Trillion (more than the GDP of USA)
In 76 weeks - $ 226 Trillion (The Total Wealth of the World, he could buy 100% stake in each and every thing on this planet)
Please ask him to stop doubling after 1.5 years untill USA finds some alien planets to loot...
Now lets see the future assuming he doubles the money every 10 days (i.e. 2 trading weeks).
In 6 mths (26 weeks) - Rs 41 Crores
In 1 Year (52 weeks) - $ 56 Billion (He already passed Buffet at $ 53 Billion)
In 1 year 1 week (53 weeks) - ~ $ 80 Billion (He is already the richest man on the planet).
In 61 weeks - >$ 1 Trillion ( He could easily buy 100% stake in all the companie listed on BSE and NSE)
In 68 weeks - $ 16 Trillion (more than the GDP of USA)
In 76 weeks - $ 226 Trillion (The Total Wealth of the World, he could buy 100% stake in each and every thing on this planet)
Please ask him to stop doubling after 1.5 years untill USA finds some alien planets to loot...