It's never a good sign for recent performance when a portfolio manager uses the phrase "over a full market cycle…"
— Ben Carlson (@awealthofcs) May 9, 2016
Author: Raoji
Linkfest:May 10,2016
Some stuff I am reading today morning:
India’s stock market traders missing from tax data (Mint)
Thyrocare has a strong debut (BS)
The world’s most speculative mania unravels (Bloomberg)
Investment stories that have to be told (Subramoney)
ICICI Research Report:Top Picks (RJ)
Top Rated Company Fixed Deposits (MyInvestmentIdeas)
When is a “7% Return” not a 7% Return? (Gregg Fisher)
Does Buffett really love the S&P 500? (Bloomberg)
Investor Cage Fight: Ackman Vs Munger (Dealbreaker)
Sohn India Conference now in India ! (Sohn)
L&T Infotech posts stellar results
(Anybody wishing to buy/sell L&T Infotech shares,kindly contact me at Alpha Ideas )
Source: L&T Infotech Annual Report 2015-16
Startup Hater
So @Zomato took in 1,500cr to do 97cr sales at 137cr loss. If I said a Fixed Deposit would've done better, I'd be called Startup Hater:)
— Mahesh Murthy (@maheshmurthy) May 9, 2016
Linkfest:May 09,2016
Some stuff I am reading today morning:
Mahanagar Gas IPO coming this month (Money Control)
UPS will make wallets like PayTM redundant (BS)
Siemens: Growth-Valuations mismatch (Mint)
Research Report:Hero Motocorp (Motilal Oswal)
The VC business is a tough business (A VC)
How do you break a bad investing habit (Tony Isola)
Who needs a will?You do.Here’s why (Barry)
Tips for boosting savings & controlling spending (Financial Samurai)
How drug cash moves on a river of gold (Bloomberg)
Citi:”This is the tipping point” (Zero Hedge)