Rajesh exports reported 23.71 cr profit in June quarter but 0 tax provision. Game continutes
— Debashis Basu (@Moneylifers) August 18, 2015
Author: Raoji
Linkfest:August 18,2015
Some stuff I am reading today morning:
Reforms plan fires PSU Bank stocks (BS)
Uber creates a vehicle boom in India (Bloomberg)
Coffee Day gets SEBI approval for IPO (Mint)
Why institutional investors duck corporate governance issues (OB)
Impact of social media on stock prices (Safir)
ICICI Research:Buy Bajaj Electricals (MyIris)
The case against hedge fund managers (CIO)
Low volatility creates a false sense of security (Common Sense)
12 Commandments of Gold Investors (Swedroe)
Pity the poor value investors (Bernstein)
Source:Jesse Felder

Linkfest: August 17,2015
Some stuff I am reading today morning:
Will stocks lose $10 Trillion in 2015 or 2016? (Marketwatch)
Stanley Druckenmiller buys gold (Barrons)
IPO Review:Navkar Corporation (MyInvestmentIdeas)
The madness for growth (Value Investor India)
HDFC Research Report:Preferred Stocks (RJ)
Emerging Markets are crashing (Irrelevant Investor)
Why investors get less than their fund’s total return (Morningstar)
Valuing and Pricing “Trophy” Assets (Aswath Damodaran)
The best investing strategy for you (Washington Post)
Inside the brain of an investing genius (Investing Caffeine)
“Everybody has a plan until they get punched in the face”-Mike Tyson
Life often is the toughest opponent out there-it throws punches that can throw off the investor off his planned path.
We Indians,being very family oriented,often have to contribute to family situations for which we never planned for but nevertheless are expected to contribute.This obviously results in a reduction of capital available for investing,trading etc
As a movie buff,one of the best Indian movies I ever saw was “Anumati” -a Marathi movie for which Vikram Gokhale got the National Award for Best Actor.
Here is one dialogue (translated) from the movie which still resonates after so many years of watching the movie.
“You conducted the daughter’s wedding in grand style”
“What I did for my daughter was my duty.From my son,I expected dutiful behavior”