Categories
Links

Linkfest:Feb 28,2014

Some stuff I am reading today morning:

Indian markets are hugely  vulnerable (BS)

CBI unearths 45,000 Crore Ponzi Scheme (FE)

Speech by Raghuram Rajan on fighting inflation (RBI)

Right to Food or Right to Loot (FirstBiz)

Nailing the Private Equity Firm Interview (WSJ)

Buffett Vs Asness on Bonds (TurnkeyAnalyst)

WhatsApp and the Wild,Wierd,Wacky World of Investing (InefficientMarkets)

Sustaining Ukraine’s breakthrough (GeorgeSoros)

The Hurt Mafia (Mediacrooks)

The sexist analogies of Warren Buffett (DealBreaker)

The mood in America-Everything is awesome (TRB)

Categories
Excerpts

Priceless Advice from AQR’s Cliff Asness

One of the few things we do know is that  over three to five years, pretty much everything has shown some systematic, if certainly not dramatic, tendency to mean revert (especially when one accounts for and avoids the powerful effect  of momentum at shorter horizons). This means that when we rely on three- to five-year periods to make decisions—favoring things that have done well over this time period and shunning things that have done poorly (note the past tense)—we aren’t just using data meaninglessly; rather, we are using data backwards. Essentially, with a disciplined approach, value and momentum are both good long-term strategies, but you don’t want to be a momentum investor at a value time horizon.-from CapitalSpectator

 

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Humor Tweets

The shortest joke on investing

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Video

Infosys CEO on US Immigration Overhaul

Categories
Links

Linkfest:Feb 27,2014

Some stuff I am reading today morning:

Why would anyone trade forex? (FT)

BSE to challenge rivals on trading speed (ET)

Its slow going for real estate funds (Mint)

India’s Govt is for and by its biggest businessmen (BS)

Chronology:SEBI Vs Sahara (Firstpost)

Thoughts on Technical Analysis (Prashant)

Writing  a Will (GoodMoneying)

Deutsche Bank’s Jain walks down memory lane (Moneybeat)

Thinking about Black Swans (CapitalSpectator)

What it’s like to work at Bill Gross’s Pimco (Quartz)