Advice to new MF investors- u will use it one day:
Remember
When u make money in a MF its bec U bot the MF
When u lose money its Mgr's fault— Samir Arora (@Iamsamirarora) September 11, 2017
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Author: Raoji
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Katyal Ka Kamaal
Capacite Infraprojects is due for an IPO shortly. Backed by pedigreed investors, the Company has come a long way in a very short time.
Interesting to know that the MD of the Company is just a 12th Std Pass.
Perhaps my Granny was right after all:
Padhoge likhoge toh hoge kharab
Jo tum kheloge kudoge toh banoge Nawab
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Linkfest: September 12, 2017
Some stuff I am reading today morning:
India’s real estate scene got messier (Vivek Kaul)
The tumultuous journey of Bharat Financial Inclusion (Mint)
IPO Review: Capacite Infraprojects (S P Tulsian)
Mahindra Group: Primed for a digital leap (Forbes)
33 SME stocks prove multi baggers (ET)
A fortress around Fortis Healthcare shares (Money Control)
A ‘Hard Stop’ to India’s consumption story? (Quint)
The Front Test (Common Sense)
What a sailboat race can teach about investing (Validea)
Event Horizon (Market Fox)
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Chart: MSCI EM Vs MSCI India
Source: Motilal Oswal Research
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RBI : Time is running out for PSU Banks
RBI Deputy Governor, Viral Acharya in his speech on 7 Sept, 2017 made the following comments:
Every few days, I wake up with a sense of restlessness that time is running out; we have created a due process for stressed assets to resolve but there is no concrete plan in place for public sector bank balance-sheets; how will they withstand the losses during resolution and yet have enough capital buffers to intermediate well the huge proportion of economy’s savings that they receive as deposits; can we end the Indian story differently from that of Japan and Europe?