Author: Raoji

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Links

Linkfest: September 12,2016

Some stuff I am reading today morning:

L&T Technology IPO opens today (Money Control)

IPO Review: GNA Axles (MyInvestmentIdeas)

Does G20 determine the fate of the markets? (Prof Varma)

Foreign investors feel tremors of GAAR (ET)

Gundlach: Bond Market is at a tipping point (Bloomberg)

Embracing Panic (Pension Partners)

Should retail investors indulge in derivatives? (Prashanth)

Stock Review:Olympia Industries (Value2Wealth)

Mr.Real Estate Vs Mr.Stock Market-Filipino Edition (Fitz)

Former Kerala mechanic owns 22 apartments in Burj Khalifa (FE)

Categories
Personal

A Golden Blessing

One of the greatest blessings of being in Mumbai is to take part in the Ganeshutsav Celebrations.

Today is the fifth day and many of the Ganapatis head towards the sea for the Visarjan.

Was extremely fortunate to see my beloved Golden Ganapati decked with 68Kg of Gold and 315 Kg of Silver on its Visarjan journey.

Hats off to the organizers GSB Seva Mandal for their fantastic arrangements.

In which other country (or even city) would such an opulent display of Gold and Silver be allowed to freely mingle with the masses?

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Categories
Links

Weekend Mega Linkfest: September 09,2016

Some off beat reads for the weekend:

Dr.A P J Abdul Kalam on the inter-linking of rivers (India CF)

The return of Anna Hazare (Open)

AAP’s mess in Punjab (DailyO)

Will the Cauvery be a political grave for the Congress (NL)

How did Ganesh Chaturthi become a Kolkata festival? (Scroll)

4 Reasons you should pay attention to ISRO’s successful launch (Wire)

Israel: A House Divided (Outlook)

Interview with Vladimir Putin (Bloomberg)

Why Ariana Huffington left the Huffington Post (Vanity Fair)

The story of how Theranos imploded (Vanity Fair)

How the NYT Restaurant Critic writes his reviews (New Yorker)

Driven: Audi A4 (TeamBHP)

3 Indian Mobile apps that are transforming lives (BI)

Photos: What is Aleppo?This is Aleppo (Atlantic)

Gossip: Anurag Thakur stinged (Gossip Guru)

Categories
Quotes

Animal Kingdom

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Categories
Interview

Why money is flowing into equities

Everybody thinks that interest rate will go down from here onwards or at best remain- at current levels.

There is low probability that government securities will touch 9%. But reasonably high probability that either it is going to remain like this or maybe marginally come down.

Tax free bonds are at 6.5%.

Unless there is a crisis globally, gold doesn’t go up.

One year bank fixed deposits are also not going up because credit is not picking up.

The mind is still anchored to 8%.

Then you have properties which is not giving you any return for very long time now.

If you have money where do you invest is the question?

And which is why this flow is happening into equities

–said Anup Bagchi, MD, ICICI Securities