Categories
Plug

Shout Out: Naresh Katariya on Global Macros

Well known investor Naresh Katariya will be speaking on the Global Economic Cycle at the online investment conference Indian Investing Conclave this Saturday, 15 September 2018.

The event is FREE and open to everyone which makes it a bargain deal to watch/listen to an experienced practitioner from the comfort of your home.

Click HERE to register

Categories
Cartoon

Modi’s Folly

Categories
Links

Linkfest: 12 September, 2018

Some stuff I am reading today morning:

Supreme Court stays RBI’s Circular for power companies (Mint)

SEBI directs senior NSE officials to ‘stay out of action’ (BS)

Demat compulsory for unlisted public firms (BL)

Is fear creeping into the markets? (BQ)

Note to Parliamentary Committee on Bank NPAs (Raghuram Rajan)

The other Muthoot (Forbes)

Indian Aviation: Sinking (My DigitalFC)

Eveready Industries: Candy Crush (Fortune)

The Guinness IPO of 1886 (Medium)

Inspiring talk by Radhika Gupta, CEO of Edelweiss AMC (You Tube)

Categories
Annual Reports

Jet Airways: Refund Champion

Source: Annual Report 2017-18 of Jet Airways

(All Figures in Lakhs of Rupees)

Categories
BookReview

Book Review: Wealth Creation Thoughts

The Book ‘Wealth Creation Thoughts’ is authored by veteran investor Raamdeo Agrawal .

I thought the Book would be about identifying stocks which can create wealth etc

Instead, the Book turned out to be a collection of sayings/utterances from great investors like Buffett,Munger etc

The sayings often have spelling mistakes and are without attribution to the original source.

The “wealth creation thoughts” are those kind of phrases which sound great but have very little practical application

For instance, sample the following:

“Everyone has the brain power to make money in stocks, but few have the stomach instead”

“The public buys most at the top and least at the bottom”

I would rather you avoid this Book and buy me a Beer instead !