Source: Charlie Bilello
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Chart: All Markets Go Up !!
Source: Charlie Bilello
Source: Charlie Bilello
Established in 1921, Tamilnad Mercantile Bank is one of the oldest banks in India.
It’s financials can be obtained from here
As per media reports, it plans to list by 2019.
A very limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas
Some stuff I am reading today morning:
Doubled your money in last 3 years?Skill or Luck? (Nooresh)
Interview with Kenneth Andrade (Quint)
Number of PSU Banks may go down to 12 (Mint)
Of Mutual Fund Commissions and Biases (Vinit Conrado)
Few Bets,Big Bets, Infrequent Bets (Mohnish Pabrai)
Earnings Vs Free Cash Flow (Calm Investor)
Dilip Pendse’s unlikely journey (Mumbai Mirror)
When will electric cars go mainstream? (NYTimes)
Every great investment hurts (Collaborative Fund)
The most expensive pizza in history (DR)
Here are the most clicked on items this week on Alpha Ideas :
Copy-Paste–Hatsun Agro Style (AI)
Portfolio of Mauryan First (AI)
Stock Talk: Wonderla Holidays (Janav)
Software stocks are a buy for Bajaj Allianz (Bloomberg)
Are high valuations justified for record markets? (Mint)
How companies are trying to game the GST (ET)
IDFC Bank has an identity crisis (Quint)
When your Auditors are Jokers (AI)
Chart: HFCs-Udta P/B, Girta RoA (AI)
4 Signs of a Bubble (Common Sense)