Source: Aswath Damodaran
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Author: Raoji
Question: Are you interested in..because I know sometimes you do unlisted equities….have you put money in some ‘fintech players’?
Raamdeo Agrawal: No, not fintech players but we just exited form AU Financiers, Jaipur. We bought at Rs 50-60 crore valuation, we put Rs 20 crore, which gave us 30- 35 percent. That was 6 years back. We sold it for Rs 5,000 crore..100x..
-from Bloomberg
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Linkfest: August 23,2016
Some stuff I am reading today morning:
Biyani may buy Aditya Birla Retail (ET)
Maggi retains top slot in Noodles market (FE)
Has Flipkart lost #1 Slot to Amazon? (Mint)
HDFC Bank makes loan grab as rivals curtailed (Bloomberg)
12 things I learnt from Naval Ravikant about investing (25IQ)
Market History Amnesia (Tony Isola)
5 Best financial decisions I ever made (Retire By 40)
Cash Burn: The bonfire of Venture Capital (Aswath Damodaran)
Fortune,ruin and market timing (Climateer)
The reason why so few airlines are profitable (HBR)
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What I learnt in 30 years of Investing
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