Find companies and management that won't dilute you and it's more than half the battle
— MicroCapClub (@iancassel) August 11, 2014
Author: Raoji
Linkfest:Aug 18,2014
Wishing readers on the auspicious day of Krishna Janmashtami and Parsi New Year
Some stuff I am reading today morning:
How the rich invest (Mint)
About 400 Flipkart Employees with stock options become Crorepatis (ET)
Its time to say hello to Reliance Jio (BL)
Why SIP does not work with direct equities (Subramoney)
When investing “process” meets the real world (TRB)
The misleading story about George Soros (DashOfInsight)
The remarkable truth about 52 week high stocks (AlphaArchitect)
A look at what scare investors the most (Yahoo)
Warren Buffett’s first investing lesson (TRB)
Sanitation – A pipe dream (Jerry Rao)
Interview with Jim Chanos
[soundcloud url=”https://api.soundcloud.com/tracks/163399376″ params=”color=ff5500″ width=”100%” height=”166″ iframe=”true” /]
Another 80-20 rule about investing
"People want investments to go up like a line. That's not reality. You make 80% of your money in 20% of the time & you have to be patient."
— Tren Griffin (@trengriffin) August 16, 2014
What Raghuram Rajan thinks of the markets
“Six years since the financial crisis, central banks still have their foot fully on the accelerator . . . [pushing] credit into emerging markets,” he says. “We don’t know how this will end . . . It may end smoothly, if we let the air out of these inflated markets slowly, or by a series of mini-crises. But it may be more dramatic if, one fine day, suddenly the world realises the US is going to raise interest rates quite quickly . . . then the air will go out much faster.”-from FT