Source:Jason Zweig
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Day: September 1, 2015
I hugely admire Raamdeo Agarwal of Motilal Oswal for his stock market expertise.
Yet it is instructive and amusing how even stock market veterans don’t have a clue how the future will pan out.
In this interview exactly one year back, dated 1 Sept 2014,Raamdeo Agarwal makes the following bold prediction:
Latha:Udayan was saying he was expecting Nifty to be 9,000 around the budget.Your guess?
Raamdeo Agarwal:By the next budget,it should be closer to 10,000.Because we were in Delhi and speaking to some people.They are saying that first budget was more about cleaning up and small incremental measures but the second budget will be full of big bang reforms
Forecasting Folly, anyone?
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Linkfest: September 01,2015
Some stuff I am reading today morning:
Why Dr.Shetty is taking Narayana Health public (ET)
Will GST make things costlier or cheaper? (Mint)
IndiaNivesh sells HSIL even as Daljeet keeps talking up the stock (RJ)
Nomura Research:Buy Jubilant Life Sciences (MyIris)
Consequences of missing your tax filing deadline (BS)
5 Trends that are shredding the global economy (DR)
Are you a “Ben Graham Defensive Investor”? (RA)
Computers are the new dumb money (TRB)
There are no “hacks” in the market (Crossing Wall Street)
When anti-Modi transforms itself into anti-India (Swapan)