Source: RBI Bulletin January 2021
The excerpt from the Bulletin is breath taking in its myopic outlook.
Excellent English, but complete complacency/ignorance about the Second Wave. This is ironic as the RBI Governor Das actually is a BA & MA in History
Some stuff I am reading today morning:
India’s Covid Catastrophe (Bloomberg)
FPIs continue to sell in May (BT)
Akshay Tritiya is a washout for Indian Jewellers (Rediff)
Adani Green to buy Softbank backed SB Energy (BS)
Former Mastek CEO John Owen joins Route Mobile (BSE)
Crypto now is a reflection of real demand (Mark Cuban)
Wall Street’s greatest piece of financial engineering (Forbes)
10 Questions people ask only in a bull market (Irrelevant Investor)
Play your own game (Morgan Housel)
Interview with Stanley Druckenmiller (Vimeo)
Here are the most clicked items on Alpha Ideas this week:
Granules India: Con Job (AI)
Shout Out: AGMs in Times of Disruption (AI)
Polycab: Connection Growth Ka (AI)
Tough Times (AI)
Adani Ports: Outlook FY22 (AI)
Mega Trend: Passive Investing (AI)
What we can learn from listed vaccine makers (Anand Sridharan)
The Great Online Game (Not Boring)
The Buy Now, Pay Later market ( Vox)
The Ellas of Bharat Biotech (Fortune)
Some off beat reads for the weekend:
India- The Republic of Sorrow (M J Akbar)
Massive under-reporting of deaths in Gujarat ( Deepak Patel)
The origin of Covid ( The Bulletin)
Hamas & Netanyahu are gambling dangerously (New Yorker)
The Arab Street is quiet (TOI)
Break the Fear barrier and speak for Palestine ( Al Jazeera)
Racism increases in Germany ( RT)
Why Lebanese are giving up their pets ( Mint)
The plan to kill Osama Bin Laden ( Politico)
The economics of movie-product placements (The Hustle)
Why Millenials can’t grow up (Atlantic)
Understanding Car Air-Conditioners (Team BHP)
Cairo’s haunted ‘Temple-Palace’ (LHI)
Remembering Naushad ( Ajay Mankotia)
How to tell if you are from a middle-class Indian household (Shashank)
We investors generally look forward to AGMs.
Its a good way to meet management & other fellow investors.
Also, one gets a good perspective on the co, its culture, prospects etc
In today’s tough times, virtual AGMs are the norm and many investors either give it a pass or are unsure on how to get the maximum juice from them
To address this problem, the good folks at CFA Society India are organising a webinar on an “AGMs in Times of Disruption” on May 25, 2021.
The webinar is FREE and is open to ALL investors, even non-CFAs.
I have registered for this webinar and I strongly recommend that you do the same.