Some stuff I am reading today morning:
FED hikes rates,2 more in 2019 (CNBC)
The trade of the year (Bloomberg)
Govt may consider green cess on vehicles (MC)
Banks may remain closed for 5 consecutive days (ET)
RCom – Reliance Jio deal in jeopardy (Mint)
TTK Prestige: Pressure to grow (Forbes)
Titan: The Alchemist (OB)
Selling a stock (Bala)
It’s tough to be a Wealth Adviser (Aveek Mitra)
Investing chat with Dev Ashish (S&L)
Invest x in an NBFC – lever it 7x – lend 8x to your own entities. pledge against the 8x book -raise 4x. Default on all loans – . Lenders against pledge take possession of the useless book. Stage an intra-family drama and a blame game are feed for an OTT channel.x becomes 12x
— varadharajan (@varadhar1) December 19, 2018
Hat Tip: U Patel
Interesting to see HSIL owns super expensive cars.
Bentley Bentayga costs around 4 Cr+.
HSIL had net profits of 4.67 Cr for the Sept 2018 Quarter.
What a pleasurable way to allocate capital !
Some stuff I am reading today morning:
Investors should prepare for the worst (Alan Greenspan)
NSE to launch weekly options on Nifty (ET)
PM Modi’s GST bonanza (FE)
S Naren’s outlook for 2019 (BQ)
Why independent Directors are rushing for the exit door (Mint)
Presentation: Lessons from Stock Markets (Durgesh Shah)
Presentation: Buy/Hold Vs Active Management (Samit Vartak)
Softbank, Japan’s largest ever IPO, begins trading (CNBC)
Brexit: ‘Horrified’ firms warn time is running out (BBC)
3 Correlation Myths in Portfolio Construction (ETF)
