Forget retirement worries. Work till you die.
— R. Balakrishnan (@BalakrishnanR) November 18, 2015
Day: November 18, 2015
Neither Bullish Nor Bearish
Source:Vetri Subramaniam
Guess who’s buying India
(Hat Tip: Ramarao Venkatesh)
One of the most famous investors in the world has starting buying into India .
At the end of the third quarter (i.e. 30 Sept,2015), his legendary fund had assets under management of $100.2 Billion
In the third quarter, he bought 601,246 shares of iShares MSCI India ETF, a 0.4% portfolio weight. The position is now valued at $16.35 Million
He also purchased 470,200 shares of Infosys Ltd., a 0.21% portfolio weight. The share price averaged $17.The position is now valued $ 7.57 Million
The investor?Howard Marks of Oaktree Capital
Linkfest:November 18,2015
Some stuff I am reading today morning:
The strange case of Sharad Pawar’s £70 Billion Company (Moneylife)
Dalal Street’s not-so-famous top investors (ET)
Standard Chartered’s unraveling India bet (Mint)
Stock Review: MOIL on sale (VRO)
Investing in Mutual Funds Direct Plans online (Be Money Aware)
Why are risky assets wobbly ? (Big Picture)
Half of Russia’s richest people are planning to cash out (Bloomberg)
Cliff Asness on investing success (BI)
How “spray and pray” has impacted investment strategy of VCs (SSRN)
Analysis of momentum investing strategies (Alpha Architect)