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Author: Raoji
Source:Cold Quirky
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Linkfest:July 24,2015
Some stuff I am reading today morning:
Shares of unlisted companies beat returns given by listed (ET)
China’s stock market pain is India’s financial gain (Bloomberg)
Household savings are finally shifting to financial assets (Mint)
Kerosene subsidy to end in 3 years (FE)
Are real estate developers getting desperate for money? (Vivek Kaul)
IndiaNivesh Research Report:Ashiana Housing (RJ)
My wife – the value investor (of precious metals) (Stable Investor)
P/E “Attention” Strategies (Alpha Architect)
What’s really killing capitalism (Bill Bonner)
The challenge of long term investing (Irrelevant Investor)
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It’s different this time
In 1987 Pearson sold the FT's building to a Japanese buyer and kept the paper. Now it's selling the paper and keeping the building. Discuss.
— Peter Thal Larsen (@peter_tl) July 23, 2015
Jerry Rao is a well-known entrepreneur most famously known for starting Mphasis.
His latest venture is Value and Budget Housing Corporation (VBHC) of which he is the Executive Chairman
I was surprised to get this offer from VBHC which promises the investor an assured return of 15%
[gview file=”https://alphaideas.in/wp-content/uploads/2015/07/Chennai-Investment-Scheme-V1.pdf”]
Basically, VBHC is using the credit profile of the Investor to get itself low cost HFC funds.This is surprising as only last year, VBHC had raised funds from pedigreed investors like Carlyle group and IFC.
What happened Jerry?The money ran out?