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Excerpts

Pabrai on Indian Real Estate Stocks

Source: Pabrai Investment Funds Q1 2020 Letter

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Chart

Chart: Long Term Debt Cycle

Source: Ray Dalio

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Links

Linkfest: 28 April, 2020

Some stuff I am reading today morning:

Reliance Industries to consider rights issue (BS)

Interview with RBI Governor Das (Cogencis)

Time is running out for Mumbai Real Estate ( Vishal Bhargava)

The staggering rise and incredible fall of B R Shetty (ET)

FinTech boom falters (Mint)

Analysts betting big on chemical cos (BL)

Stock Talk: DMart (Jana)

An explainer – How the Indian Banking system works (Prof Ananth Narayan)

Ignore, Avoid, Reject (Anand Sridharan)

Central Banks may scrap inflation targeting (CNBC)

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Excerpts

Simple but not easy

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Chart

Small Biz Woes