Somehow found the tone and content of this letter very funny
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Author: Raoji
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Timing your investment in a family biz
30% of family business makes it through 2nd generation, 15% through 3rd and 4% through the 4th.
— Harsh Goenka (@hvgoenka) June 14, 2016
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The Market is Level 2 Chaos
Source:Fritz
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Linkfest: June 15,2016
Some stuff I am reading today morning:
IPO Review: Mahanagar Gas (BS)
Govt in do-or-die mode on GST (Mint)
Raghuram Rajan should go (Prem Shankar Jha)
Subrata Roy of Sahara gets back to work (FP)
How Dilip Buildcon reaped rich (Forbes)
How to become a Registered Investment Advisor in India (FreeFinCal)
Sector surfing (TRB)
ISRO challenges Elon Musk (Bloomberg)
A behavioral science approach to risk management (ValueWalk)
Position Sizing in Value Investing (WTH)
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Pre IPO Opportunity in Tata Technologies
Tata Technologies is a jewel of the Tata Group.
It’s latest Annual Report can be downloaded from here.
Its planning to come out with an IPO soon.
A very limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas