(Source: Got this as a WhatsApp forward)
Today is 11th year of Yes Bank listing.
Issued at Rs.45/-
Listed at Rs.65.90 in July 2005
Today at Rs.1150
25x in 11 Years
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Author: Raoji
Bob Maynard is one of the best investors you’ve probably never heard of. He runs the $14 billion pension fund for the state of Idaho,US and his long-term returns are consistently in the top quartile of the institutional fund world.
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Linkfest: July 12,2016
Some stuff I am reading today morning:
US S&P 500 at all time high (Bloomberg)
Quess Corp to list today (MoneyControl)
HDFC becomes first issuer of Masala Bonds (FE)
Nirma’s Karsanbhai Patel back in spotlight (Mint)
Interest rates are at inconceivable levels (Larry Summers)
India is a water exporter (Bloomberg)
Rent Vs Buy (Mr.Money Mustache)
How millionaires under 40 manage their money (WP)
How to live like top 1# without being rich (FS)
How markets behave at all time highs (Climateer)
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3 Ways to make money in the markets
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Chart:US Bond Yields lowest in 230 Years
