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Author: Raoji
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Linkfest:April 18, 2013
Some stuff that I am reading today morning:
Why analyst recommendations suck (TRB)
FM promises 8% GDP growth by 2016 to foreigners (Moneycontrol)
United Spirits rises to new high (WSJ)
The men behind Apple’s sudden surge in India (ET)
New bets starting to pay off for RIL (Mint)
Clariant Chemicals sale of business (NeerajMarathe)
Investors buy and sell stocks at exactly the wrong times (BI)
Gold’s fall cost Paulson 1.5 Billion $ this year (FT)
Yet another study on the wonders of momentum (CapitalSpectator)
Gold crash is an instructive whodunit for the financial markets (Guardian)
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Trying too hard
Am grateful to reader Pramod for sharing this wonderful article.This is a speech by Dean Williams of Batterymarch Financial Management given in 1981 to the Financial Analysts Federation.There are plenty of gems in this must-read speech which every investor must read.
[gview file=”https://alphaideas.in/wp-content/uploads/2013/04/Williams-Trying_too_Hard.pdf”]
More than 200 Indians stand in queue to buy gold at a leading jewellery store in Pune (Hattip Abhijit)