Author: Raoji

Links

Linkfest: April 22,2016

Some stuff I am reading today morning:

India’s first Insurance IPO (Bloomberg)

Has Rajan lost out on a second term ? (Mint)

Over 1 Crore people give up LPG subsidies (FE)

Investors can expect flurry of stock buybacks (ET)

Interview with Porinju Veliyath(BL)

Soros bearish on China (Bloomberg)

The Unicorn financing market has become dangerous (Bill Gurley )

Tales from money manager due diligence (CS)

Garbage rallies can net massive profits (DR)

Warren Buffett’s Coca Cola investments (Market Chess)

Tags linkfest

Links

Linkfest: April 21,2016

Some stuff I am reading today morning:

RBL Bank IPO okayed (BS)

Vijay Mallya convicted (FE)

Anil Ambani focussing on defence (ET)

Gold in the time of drought (Mint)

Rajan clarifies his remark (Bloomberg)

A dose of Rakesh Jhunjhunwala (Gaurav)

Stop believing this nonsense (Subramoney)

Stock prices are a function of better or worse (II)

Investing:What’s your gift?( Barry)

10 Investing lessons from John Templeton (DR)

Tags linkfest

Interview

I am a permanent bullish investor and I always feel bullish. I am not concerned about the bad portion of the economy. As an investor I pick and choose where the opportunities are and I will put money out there. In a bad time, we will get good price and in good times, we get good return.

In a lot of companies, there are fantastic franchises. In any valuations module, there are three components — breakup value, franchise value and growth value. Very few companies are growing rapidly, but you have to balance the opportunity — how much you should pay for the future growth and how much for the franchise. This game is now very calibrated.-said Raamdeo Agarwal