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Bruce Kovner on placing stops
Author: Raoji
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Linkfest: June 27,2014
Some stuff I am reading today morning:
The absurdity of India’s labour laws (Mint)
RBI sees better days ahead for economy (BS)
Why rich families are losing money (Climateer)
What happens when bank locker keys get lost (JagoInvestor)
Behavioral Bias Bingo:Decoy Effect (AlphaArchitect)
Why Nicargua must be your next destination (DailyReckoning)
Is the market efficient?Asness says Yes and No (ThinkAdvisor)
11 Funniest Papers in the history of Economics (250Words)
Making contrarian investing work (MorningStar)
How easy is it to live the day trader way? (FinancialReview)
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The Disciplined pursuit of less
(Disclosure:I am market making in the shares of Ratnakar Bank)
What were the things CDC was looking at when it picked up 4.8% stake in Ratnakar Bank in April?
We didn’t come into Ratnakar Bank for the momentum play, something which a foreign institutional investor would do. We are a DFI and not a pre-IPO investor. Ratnakar is deeply focused on financial inclusion, agri-lending and loans to the small and medium scale sector. These are high impact areas that create jobs. We are now working closely with the bank in all these areas.-from DNA