Some stuff I am reading today morning:
Budget 2019 in 10 charts (Mint)
Most FPIs stare at 14.25% peak LTCG (BL)
Fudget 2019 (Bala)
Deutsche Bank to cut 18,000 jobs (CNBC)
Zee may have found a Buyer (ET)
Govt may raise $ 10 Billion from overseas (FE)
How India’s middle class is rescuing Thai Tourism (BS)
Investing for a new Cold War (Evergreen Gavekal)
Use your Edge (MicrocCap Club)
Serendipity – Walmart & Ikea (Amit Arora)
Here are the most clicked items on Alpha Ideas this week:
Alpha Ideas 20 20 Meet (AI)
Googly from ICRA (AI)
TFCI Ltd: When a lender defends a borrower (AI)
Valuations Perspective (AI)
Attractive Investment Situation (AI)
Indian Mutual Fund Platforms are in trouble (Naked Beta)
Ircon International: Owner’s Wish, Our Command (AI)
Iran Watch (AI)
How do you become a better Investor? (Charlie Munger)
The spectacular fall of India’s Dosa King (ET)
We are hosting the 2019 edition of the Alpha Ideas 20-20 Meet which aims to bring together the best investors in the Indian Equity market.
The Details of the Meet are as follows:
Date: Saturday 27 July,2019
Venue: The Grand Ballroom, Taj Santacruz, Mumbai
Time: 8:30 am – 6 pm
Format: 20 Speakers to speak on 20 Minutes each on their best idea.
Indicative List of Speakers Confirmed So Far (In Alphabetical Order) :
Abhinav Mansinghka – Independent Investor
Ashish Kila – Perfect Research
Aveek Mitra – Aveksat Equity
Bhavin Shah – Sameeksha Capital
Jatin Khemani – Stalwart Advisors
Madhusudan Sarda – Vallum Capital
Manish Gupta – Solidarity
Nikhil Vora – Sixth Sense
Pathik Gandotra – Soch Investments
Prakash Diwan – Altamount Capital
Priyan Kondoth – PP Equity LLP
Rikeen Dalal – Value Investor
Rishi Maheshwari – Aksa Capital
Rohit Balakrishnan – Vrddhi Capital
Sanjeev Pandiya – Value Investor
Sarvesh Gupta – Maximal Capital
Saurabh Mukherjea – Marcellus Investment Managers
Saurabh Shah – AUM Advisors
Sid Choraria – Amiral Gesion
Sunil Shah – Turtle Star Portfolio Managers
Charges : 7,500 (Seven Thousand Five Hundred) Only .
Note that a seat once reserved cannot be cancelled or refunded.
Meals: Lunch,Tea/Coffee Breaks
Those interested may register by clicking HERE
Some off beat reads for the weekend:
Why Israelis come to India after army stint (TOI)
Clean Up of Corporate India has begun (Sucheta Dalal)
A new Uzbekistan is taking shape (SCMP)
Money laundering in UK (Guardian)
The Dalai Lama’s lapse (Rafia Zakaria)
The political will to solve Kashmir (Makarand Paranjape)
Lotus will bloom in Andhra (Gossip Guru)
Inside the Islamic State modules in India (Open)
Can Rajnath Singh bite the bullet? (India Today)
The story about Amar Chitra Katha (LHI)
The truth about the Hot Dog (BBC Travel)
Black Ops (J Mathrubootham)
Calling 108 (Better India)
Ownership Review: Jawa 42 Bike (Team BHP)
The rise & fall of Varanasi’s corpse photographers (Mint)
The FM has proposed to increased minimum public shareholding to 35 percent from 25 percent. A cursory glance at the largest 3000 listed companies in India reveals a supply of ~$51bn if this is implemented. The 20 companies it affects most listed below: pic.twitter.com/9Xkolt8yHC
— Invest-inChat (@invest_inChat) July 5, 2019