Linkfest: 18 February, 2019

Some stuff I am reading today morning:

Spiritual Guru siphoned off 8,646 Cr from Religare (BL)

Cognizant used L&T to bribe Govt officials (Mint)

Tata Group: It’s all about TCS (FE)

ADAG lenders not to sell pledged shares (BS)

The Nifty is no longer a play on the Indian economy (Marcellus)

India is turning its back on Silicon Valley (Venture Beat)

What I learnt in 30 years of investing (Broadsword)

The wealth destruction in small & midcaps (Vijay Pahwa)

Getting ahead by being inefficient (Farnam Street)

Rocket Ships (Microcap Club)

The Curse of the Investor

Circa 2008

A group of investors from Ahmedabad come to Mumbai to meet an industrialist

The industrialist is at the peak of his prowess and is the toast of town

The investors tell his staff to inform him: “Hum unke pitaji ke purane mitr the. Hamara relation bees saal se upar hai. Hamein sirf aapke saath chai peena hai”

They get the reply back: “Unke pass time nahin hai. Aap chai apne aap pee lena aur paise hum se le lena”

The Investors curse: “Ek din yeh Investors se chai peene ke liye tarsege aur koi usko khada nahi rakhega”

Karma is a bitch

Linkfest: 15 February, 2019

Some stuff I am reading today morning:

Bharat 22 ETF subscribed over 22 times (MC)

India hikes sugar price to Rs.31/kg (TOI)

Pilot shortage cripples Indigo (ET)

Citi India CEO loses confidence of RBI (BS)

SC’s order on Anil Ambani was tampered (Bar & Bench)

Apollo may exit Apollo Munich Health Insurance (Mint)

SBI MF emerges as 3rd largest fund house (BL)

Why avoid DSP Index Funds (Free Fincal)

Yes Bank a black swan, not a black crow (MC)

Guess who’s buying Gold? (Macro Tourist)