Linkfest: 15 November, 2018

Some stuff I am reading today morning:

Zee stake sale move has market confused (Digital FC)

GVK’s deleveraging plans (Mint)

10.25% JM Financial NCD issue (My Investment Ideas)

Malted Milk Drinks in India (BQ)

Stock Analysis: Globus Spirits (Dr Vijay Malik)

Company Profile: Sadhana Nitro (MC)

Why global funds are again warming up to India (BS)

How Sanjay Lalbhai invests his money (OB)

12 Investment Contradictions (Joe Wiggins)

Things you will see in every market correction (Ben Carlson)

Loyalty Matters

But Yusuff Ali’s big break came through in 1990 amid the Gulf War.

As many packed their bags to leave the emirate, Ali decided to invest and open a “big hypermarket” in Abu Dhabi, a move that caught the attention of Sheikh Zayed, the ruler there.

“He asked me, how do you have the energy when everybody is abandoning the country,” Ali says. “I told him we are here to stay and that I learnt my business in Abu Dhabi and was not willing to run away from the problem.”

An impressed Zayed called his son, the current ruler, and told him to take care of Ali.

“That relationship continues to this date,” Ali says. “They treat me like family. Even when PM Narendra Modi was visiting, I was seated with the royal family. They treat me like their own.”

From Forbes

Linkfest: 14 November, 2018

Some stuff I am reading today morning:

Oil Prices crash (CNBC)

Zee Entertainment Promoters to sell 50% stake (MC)

Jarring speech of Raghuram Rajan (ET)

In HDFC Mutual Fund we trust (Mint)

Flipkart’s Binny Bansal accused of sexual assault (BS)

Tatas are doing due diligence on Jet Airways (BQ)

Yusuff Ali & the LuLu Group (Forbes)

Secret Diary of Ronnie Screwvala (OB)

On real estate crowd funding (Retire By 40)

Malaysian PM : We have been cheated by Goldman Sachs (Zero Hedge)