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Video

Only 1% of fund managers consistently beat the market

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AGM Cartoon

AGM Checklist

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Links

Linkfest:July 02,2014

Some stuff that I am reading today morning:

Small and mid-caps soar as investors embrace risk (Mint)

After 4 years,Lavasa files for IPO again (BS)

Govt. plans big ticket PSU share sale (ET)

Indian eatery is UK’s top restaurant (BL)

Relevance of the Nifty PE for the long term investor (FreeFincal)

Whats a hedge fund manager to do? (TRB)

Never buy expensive stocks.Period. (AlphaArchitect)

Warren Buffett’s early investments (ValueWalk)

The outrage is about the dubious ways the rich got richer(Quartz)

Profitless Amazon myth lives on (PeridotCapital)

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Ads

Ad:BSE is India’s fastest exchange

(Disclosure:I am market making in BSE)

BSE has released a set of TV commercials probably to highlight the exchange before the upcoming IPO

Find it interesting that its highlighting its speed of execution Vs NSE.

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Excerpts

Are you an investment virgin?

It’s easy to be a long-term investor during a bull market. Everyone’s making money and it feels like you can do no wrong.  It’s when things don’t go as planned that this group loses control.

Bernstein says as much in the book when he observes, “If you began your investing journey after 2009 or haven’t yet started, then you’re an investment virgin.”-from WealthOfCommonSense