This touching ad has gone viral.
Categories
Author: Raoji
Categories
India’s Dairy Mega Trend
Categories
Linkfest: February 17,2017
Some stuff I am reading today morning:
Rajiv Bajaj is ‘Mad in India’ (Quint)
BHEL,Idea out of Nifty 50 (BL)
Havells likely to buy Lloyd Electric’s consumer biz (ET)
Are DLF investors waiting for Godot? (Mint)
When shops charge more than MRP (Basu Nivesh)
Financial plans of a female IT Engineer (Ravi)
Monetary Policy Strategy for 2017 (Ajay Shah)
The bear market nobody talks about (Irrelevant Investor)
Buffett: Money Managers charge too much (Bloomberg)
5 Fed rate hikes this year? (DR)
One of the drawbacks we face as Indian investors is that most financial literature (books etc) are US based and as such, their learnings may or may not apply in the Indian context
This book, Bulls,Bears & Others Beasts-A Story of the Indian Stock Market-by Santosh Nair does a wonderful job by filling in this gap.
The book traces the journey of a trader who trades for a living in the Indian Stock market over the last 25 years.
All the events that transpired since then-Harshad Mehta Scam,Ketan Parikh scam,Satyam scandal,bear raids,corruption,promoter shenanigans etc are covered faithfully in the book.
Some of the events mentioned in the book were eye-openers for me-how “The Old Fox” hammered Suzlon’s shares in Oct 2008 was one of them.
One phrase I loved in the book was a financial analyst talking about Company’s financials-“All milk is adulterated.The difference is in the degree”
This book ought to be compulsory reading for people wanting to know how the Indian stock markets really work.
Categories
S&P thinks 2 Banks are Very Weak
Hat Tip: Madhur Kotharay
