Hat tip:Jatin Kalra
Goes to this company with negative sales !! Wonder why such companies which are into equity trading are even listed .
Source: William Easterly
Some stuff I am reading today morning:
SEBI questions NSDL -Alpha Ideas had a minor role (MoneyLife)
Sasikala Convicted (BS)
FIIs go on a shopping spree (BL)
Small Savings schemes are better than FDs now (ET)
Is bubble risk elevated for US stocks? (Capital Spectator)
DSP Blackrock stops fresh inflows in Micro-Cap Fund (Quint)
3 signs that tell you to sell a Mutual Fund (Mint)
How Deepak Shahdadpuri’s unlikely bets paid off (Forbes)
Thoughts on buying vacation properties (Financial Samurai)
Maybe your customer is not trying to save money (Seth Godin)
Amazing how the two overriding beliefs of the Fed hiking rates and a Donald Trump presidency being hurtful for emerging markets has led us to a 9-year low in emerging market high yield credit spreads.–from Pension Partners