Some stuff I am reading today morning:
Foreign investors increase allocation to India (FE)
Santa rally for railway stocks (MC)
Interview with HDFC Bank CFO S Vaidyanathan (BT)
Stock Talk: Patanjali Foods (Dolly)
How to get lucky (Sahil Bloom)
A bear market in everything (Novel Investor)
Wall Street’s 2023 outlook for stocks (Sam Ro)
Russia refuses to accept EU’s oil price cap (BS)
China’s Zero Covid Policy is dead (ACS)
How Billionaire Michael Goguen got conned (Intelligencer)
Here are the most clicked items on Alpha Ideas this week:
India’s impending economic boom (Morgan Stanley)
Getting Wealthy Vs Staying Wealthy (Morgan Housel)
Saurabh Mukherjea’s Marcellus funds underperform badly (Mint)
Poddar: Poda to HDFC (AI)
Credit Profile of InvITs-REITs (AI)
India Cement’s Journey continues (BI)
How to hold a stock for 20+ years (Joel Tillinghast)
Alcohol : A Trillion $ market (AI)
Mercator: Aaj Jaane Ki Zid Na Karo (AI)
Five Star: Transformational Journey (AI)
Some off beat reads for the weekend:
The Godfather, Saudi Style (Guardian)
How Joe Biden suckered Europe (Al Jazeera)
Payback time for Xi (Brahma Chellaney)
Watching China’s protests (American Conservative)
Germany exits FIFA World Cup (RT)
Popular unrest in Iran (Jacobin)
Punjabi migrants in Italy (Fifty Two)
Afghani migrants in America (Pro Publica)
Thread: Busting the IIT placement myth (Maheshwer Peri)
Drive: Dzongu & Borong (Team BHP)
Interview with author Pico Iyer (Mint)
Thread: Etymology of districts of Telangana (D Murali)
The story of Major Syamal Dev Goswami (Sentinels)
Varma Pazhassi Raja, Lion of Kerala (History)
Thread: Pandit Nehru & Japanese children (Paperclip)
Interesting to see that the Co has cash on the books which is more than the primary issue of the IPO
Source: Red Herring Prospectus of All E Technologies Ltd
