Author: Raoji
Linkfest:Feb 22, 2013
Some stuff that I am reading today morning:
How Robert Vadra made a killing in the Rajasthan sun (Firstpost)
Raid on babus reveal 100 Crores in cash, properties (FE)
Phaneesh Murthy aims to shake up IT industry’s billing model (ET)
Foreign investors lose appetite for FCCBs (BS)
Facing the crash (ValueInvestorIndia)
Rohit Pradhan’s perverse communalism (Sandeepweb)
Rio’s Mongolia Copper dream awakens 20 year old nightmare (Bloomberg)
12 market wisdoms from Gerald Loeb (Ivanhoff)
The biggest financial asset in your portfolio is you (NYTimes)
David Einhorn wants Apple to issue all the preferred stock in the world (Dealbreaker)
Came across this amazing blog post by Chandresh Adhiya
He writes:
“Black money of politicians was slowly being withdrawn from cash havens like Swiss Accounts, Mauritius etc and being brought into economy, only best industry where maximum black money can be absorbed is Real Estate……Majority of this money has caused hike in prices and during election all these money will be sucked out of system…..Minimum amount that will be sucked out by elections would be INR 5000 per vote X 250000000 (25 crore voters who vote only when they get money) = 1250000000000 (Hundred & Twenty Five Thousand Crores)….Imagine what will happen to already cash starved industry when this amount is pulled out ?”
5 stocks trading at their all time lows
5 stocks trading near their all time lows (as on 20 Feb, 2013)
Company | All Time Low Price |
UB Engg | 21.55 |
Educomp (post split) | 111.8 |
Ahlucont | 28.65 |
ShahAlloys | 5.65 |
Bartronics | 17.55 |