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Our Tax Payer’s Money, His Tesla
Author: Raoji
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Why you should attend conferences
Met senior mgmt of a dairy cmpny yday at a conf.
He was very vocal about how their stock was undervalued.Yet he had sold almost every share that he rcvd as part of ESOP,sometimes on the very days he was promoting his stock at these conferences.Great place to weed out "stories". https://t.co/vwO8VFyWvL— Savi Jain (@savijain) December 12, 2017
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Linkfest: December 13,2017
Some stuff I am reading today morning:
Reliance to mull Jio IPO (ET)
The rise and fall of Unitech (Money Control)
What keeps Indigo going (Quint)
BSE files insolvency case against 7 companies (Mint)
PE funds ready with 60,000 Cr war chest for India Inc sale (BS)
The scourge of volatility (MF Critic)
Circle of Competence (Safal Niveshak)
What hedge funds will do after the hedge fund model dies (Bloomberg)
The double edge sword of investment strategies (Of Dollars & Data)
How Bitcoin killed Gold (DR)
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Common Sense Investing
We get enamoured by legends talking of common sense investing. Sounds so simple. But we don't c all their hard work. Most r voracious readers/thinkers. Others spend hrs/day talking 2 their network. Either way – they do due diligence. Common Sense investing is Not lazy investing
— Deepak Kapur (@tapak7) December 12, 2017
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Sarda Energy: We also do trading
Source: 2016-17 Annual Report of Sarda Energy & Minerals Ltd
The profits are 20% of the consolidated profits of the Company.