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

Categories
Tweets

50%

Categories
CoatTailing

Portfolio of Malabar India Fund

This post is in continuation of my coat tailing series (see here)

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Malabar India Fund is a well known FII investor in the Indian markets known for its picks in the mid-cap/small cap space

Its investments in India aggregating around Rupees 300 Crores as on 30 Sept,2015 as per Stock Exchanges is given below:

 

Company Name NSE Symbol/BSE Code Entity # of Shares % Date End Value (In Crores)
Ador Fontech Ltd 530431 MALABAR INDIA FUND LTD 842999 4.82 201509 8.35
Adi Finechem Ltd ADI MALABAR INDIA FUND LTD 538043 3.9 201509 12.81
Avanti Feeds Ltd AVANTIFEED MALABAR INDIA FUND LIMITED 250348 2.76 201509 9.59
Cera Sanitaryware Ltd CERA MALABAR INDIA FUND LIMITED 192401 1.48 201509 34.63
Gandhi Special Tubes Ltd GANDHITUBE MALABAR INDIA FUND LIMITED 311280 2.12 201509 7.63
Indian Terrain Fashions Ltd INDTERRAIN MALABAR INDIA FUND LTD 301855 4.2 201509 3.68
Kewal Kiran Clothing Ltd KKCL Malabar India Fund Limited 193211 1.57 201509 39.99
La Opala RG Ltd LAOPALA Malabar India Fund Ltd. 1223277 2.2 201509 67.65
Mayur Uniquoters Ltd MAYURUNIQ MALABAR INDIA FUND LTD 1721863 3.72 201509 73.01
Orient Refractorties Ltd ORIENTREF Malabar India Fund Limited 2136513 1.78 201509 16.88
Suprajit Engineering Ltd SUPRAJIT MALABAR INDIA FUND LIMITED 1850817 1.54 201509 23.88
Vaibhav Global Ltd VAIBHAVGBL MALABAR INDIA FUND LIMITED 473406 1.46 201509 20.83
Categories
Links

Linkfest: January 18,2016

Some stuff I am reading today morning:

5 Charts show how bad the EM rout is (Bloomberg)

On Indian public sector banks (Ant Investor)

On Indian private sector banks  (Ant Investor)

Hypermarkets shrink on online pressure (FE)

Stock Analysis: Eicher Motors Ltd (Janav)

Japan Vyas on investing (YouTube)

Gold again emerging as safe haven (BS)

Is the gold/oil ratio predicting a crisis? (Zero Hedge)

Latest memo from Howard Marks (Oaktree Capital)

The growing influence of impact investing (Think Advisor)

Categories
Health

Health Advice

Run. Don’t run. Walk. It’s better. Don’t walk in the mornings, there’s too much smog in the air. Walking in the evenings isn’t good for digestion and there must be at least a 3 hour gap between walking and bedtime. Play. But don’t play impact sports. Those would cause permanent damage to your knees and joints. Swim. But remember the water in most pools are not clean and will lead to skin damage.
In any case, exercise does not really matter. Your diet does. Breakfast, like a King, lunch like a prince and dinner like a pauper. That’s bullshit. Eat 5 times a day in small equal quantities. No. Focus on proteins. Eat white meat, avoid red meat. Eat only fish. Eat only chicken. Eat only eggs. make that only the egg white. That’s a recipe for high cholesterol! Eat only fruits, veggies. Eat only leafy veggies. don’t eat leafy veggies because they have worm eggs in them. Avoid other veggies they have high carbs and lead to gas attacks. Eat that ugly looking Brazilian jungle vegetable, it cures cancer. No avoid it! it leads to impotence. Stick to fruits but avoid the skin. No eat only the skin, they’re rich in proteins. But don’t eat the fruits which have red seeds they are poisonous and green fruits should be avoided if they were purple flowers.
Drink milk. But not buffalo milk, drink cows milk. But make it skimmed. No skimmed is processed, drink goat milk no camel milk. Don’t drink milk!the body cannot digest milk after the age of three. Drink mother’s milk? only till three.
Drink? Water. But not from the tap. Mineral water. Which is tap water only dirtier. No only water from the Alps. Drinking is good. Small quantity of alcohol helps keep the arteries from clogging. But drink only wine. Red wine. but only with white meat. But now since no white meat there can’t be no wine. Drink only coffee and tea. No they cause damage over the long run. Drink green tea. No it causes prostrate problems.
Don’t smoke! it causes cancer. Smoke cigars less tar. Beedis are better. But cause ulcer. Smoking up is best. Pot is bad. It is medicine. Yogis smoke up. Yogi’s go nowhere. Breathing the air in any city is equivalent to smoking 20 cigarettes.

Welcome to the age of information. You are now better informed about every aspect of your health and can take informed decisions about leading a healthier, happier and emotionally stable life.-from Economist