He: Where are you from?
Me:Mumbai,India
He:I bet that’s a big city
Me:Yeah, around 12 Million People
He:Over here, the entire country does not have more than 5-6 Million People
Me:In India,we have around 1.2 Billion People
He:I bet you there will be more when you get back !
(Disclosure:I am market making in the shares of ICICI Pru Life)
[gview file=”https://alphaideas.in/wp-content/uploads/2015/06/AGM_Notice_FY2015.pdf”]
Latest Memo from Howard Marks of Oaktree Capital
[gview file=”https://alphaideas.in/wp-content/uploads/2015/06/Risk-Revisited-Again.pdf”]
Some stuff I am reading today morning:
Will someone tell Rajan & FM that Indians have already monetised gold? (Jaggi)
20 Companies with the highest debt to market cap ratio (Value Research)
Wealthy Indians eye investment avenues abroad (Mint)
A silver lining for Coal India’s profitability (BS)
Why you should hold own to every share of CCL (Big Investor)
Research:215 years of Global Asset Momentum (SSRN)
Nomura Research Report:Suzlon Energy (MyIris)
10 Charts why emerging markets will dominate global economy (AllEmergingMarkets)
Unprecedented levels of activity in China’s equity markets (Sober Look)
Here’s why you can’t trade the news (DailyReckoning)