Categories
Links

Linkfest: 09 July, 2018

Some stuff I am reading today morning:

Equity Fund inflows drop (Quint)

Why global investors are adopting a ‘wait n watch’ policy (FE)

What to expect in Q1 2018 results (Mint)

Samsung builds world’s biggest mobile factory in Noida (ET)

Conversion of unlisted shares into demat form (BL)

Why your family jeweller is losing out (Rediff)

SME Stock: OmFurn (Dhruva Pandey)

Stock Talk: Kitex Garments (RJ)

Tweet: Biyani made money for shareholders after all (The Unprofessor)

Cheap Shower Curtains (Seth Godin)

Categories
TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked items on Alpha Ideas This Week:

HDFC AMC Employees hit the jackpot (AI)

Dilip Buildcon: The Shrem Redemption (AI)

How to screw shareholders-Bharti Edition (AI)

ICICI Securities IPO: A 240 Cr Scandal (ET)

India’s top wealth firms (AI)

2 Resons why I didn’t recommend KRBL (Equity Master)

Kwality Ltd: From Rs 160 to Rs 21 (Gaurav)

Kwality Ltd: Intense anti-climax (AI)

In defense of Naren (Subramoney)

My learnings from my investment journey (Rakesh Jhunjhunwala)

Categories
BookReview

Book Review: The Richest Man in Babylon

The Book ‘Richest Man in Babylon’ ,written by George S Clason, was first published around 90 years back in 1926.

The beginning of the Book goes like this:

“Money is the medium by which earthly success is measured.

Money makes possible the enjoyment of the best the earth affords.

Money is plentiful for those who understand the simple laws which govern its acquisition.

Money is governed today by the same laws which controlled it when prosperous men thronged the streets of Babylon six thousand years ago.”

Then the Book attempts to explains these laws in a story-like manner.

These “laws” per se are fairly basic: Earn more,spend less,save more (at least 10%), invest more, invest wisely etc

There is one chapter on the importance of working hard which I really liked.

One memorable line in the book is “I like to work and I like to do good work, for work is the best friend I’ve ever known.It has brought me all the good things I’ve had.”

Do Buy this Book only if interested in reading classics on Money.

Categories
Links

Weekend Mega Linkfest: 06 July, 2018

Some off beat reads for the weekend:

‘Sanju’ can’t rewrite the evil 1993 plot (Sekhar Gupta)

The George Soros philosophy and its fatal flaw (Guardian)

Thread: Silicon Valley & the Soviet Union (Anton Troynikov)

The incredible Buddha Boy (GQ)

Spare me the good Hindu (Hartosh Singh Bal)

India’s Rihanna (BI)

Can Jawa beat Royal Enfield? (Team BHP)

Subramaniam Swamy’s No to Governorship (Gossip Guru)

Kings & Soldiers (Swarajya)

History: Sada Kaur (Dawn)

The strange life and death of Shoko Asahara (SCMP)

Quiche Quiche Hota Hai (J Mathrubootham)

Muslin-The finest ancient fabric (Madras Courier)

Homeward Diary (Outlook)

My late father Kushwant Singh (Mala Dayal)

Categories
Observations

CLSA Cruelty to Adani