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MutualFunds Tweets

Good Question

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Links

Linkfest: January 20,2016

Some stuff I am reading today morning:

2.75% Sovereign Gold Bonds (MyInvestmentIdeas)

Cognizant did more business in 2015 than TCS,Infosys,Wipro together (Mint)

Retail investors falter (BS)

Compulsory ASBA may hit upcoming IPOs (BS)

All major asset classes are down on 1 year basis (CS)

What a fund manager does not say (Subramoney)

Secrets of the MIT poker course (Mental Floss)

Value and Momentum in Vietnam (Alpha Architect)

How will WhatsApp make any money? (Qz)

Pune real estate report-2016 (Ravi)

 

Categories
Open

What stock to buy now?

Throwing open a discussion thread to readers.

Tell which stock to buy now with a one liner description why

Categories
Links

Linkfest: January 19,2016

Some stuff I am reading today morning:

Everyone is a closet technician (TRB)

Commodity collapse has more to go (Bloomberg)

Parag Milk Foods gets ready for IPO (Moneycontrol)

Share pledges at 7 year high (BS)

Keeping up with the Joneses (Prashanth)

The financial story of Jay Jani (VRO)

Modi’s Startup Sops decoded (CapitalMind)

The great myths about investing (RPSeawright)

How to avoid the value trap (Institutional Investor)

The simple truth about China’s market (Bloomberg)

Categories
Anecdotes

An Investment Insight

I’m lucky to have received many gifts of investment insight early in my career.  Perhaps foremost among them is one I picked up in New York about 40 years ago, at a lunch meeting of what we called the Third Thursday Group.  It concerned the three stages of a bull market:

 

  • the first, when only a few especially insightful people suspect improvement might occur,
  • the second, when most people accept that improvement is actually taking place, and
  • the third, when everyone concludes that things are sure to improve forever.

 

Between the first stage and the last, nothing has to have changed in terms of fundamentals.  The difference lies in the perspective investors are bringing to their decisionsBut clearly, it’s great to be a buyer in the first stage and essential not to be in the last.

Howard Marks