Categories
CoatTailing

Portfolio of Vespera Fund

This post is in continuation of my coat tailing series (see here)

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Vespera Fund is a Mauritius Based Fund which invests in the Indian Equity Markets.

It’s significant Holdings as on 31 Dec,2017 as per Stock Exchanges is given below:

Company Name Symbol Entity Value (In Crores)
Adani Enterprises Ltd ADANIENT Vespera Fund Limited 234.37
Adani Transmission Ltd ADANITRANS Vespera Fund Limited 285.11
Rushil Décor Ltd RUSHIL VESPERA FUND LIMITED 28
Categories
Links

Linkfest: 09 April, 2018

Some stuff I am reading today morning:

PNB scam: ED unearths 5,000 Cr money trail (Mint)

Tata Sons set to discuss M&A plans of Group Cos (ET)

Global trade war fears increasing market volatility (BS)

Half of SME IPO issues trade below offer price (BL)

Inflows into Equity Funds lowest in 13 months (Quint)

Stock Talk: IndiGrid InvIT (Sana Securities)

Will somebody ask RBI Governor some tough questions (Quartz)

Trade Wars are good and easy to win (Macro Tourist)

Value down, but not out (Swedroe)

Geo political tensions are rising : Trump threatens Putin (Zero Hedge)

Categories
BookReview

Book Review: The Secret War with Iran

The Book ‘The secret war with Iran’ is written by Ronen Bergman who is considered to be one of the foremost writers on Mossad and Israeli Military Intelligence.

Trump has many times threatened to scrap the US-Iran deal in May. 2018. This can have major implications for the world oil markets since Iran is one of the largest oil and gas producers in the world.

The Book covers the period from 1979-2009 after the Shah of Iran was deposed and the Islamic regime of Ayatollah Khomeini took over.

The Book covers how the Shah was overthrown, how CIA and Mossad tried to sabotage the Iranian Islamic regime, how Iran exported its Iranian revolution abroad,about Iran’s chemical and nuclear programs etc

Some of the facts mentioned in the Book make for startling reading.

For instance, it was very surprising to know that the country which set Iran on the nuclear path was America !They supplied them with nuclear reactors when Shah was still around.

During the Iraq-Iran war, Iran was losing very badly to Saddam Hussein.The country that helped Iran with arms and ammunitions was Israel ! They did so mainly for the money and also to ensure that their Islamic foes are weakened by fighting a prolonged war.

Another astonishing fact is that Iran has very large facilities of Chemicals Weapons of Mass Destruction.They were able to get the raw material,factory blueprints etc from an Israeli who did it for the money.

One aspect in the Book that I found fascinating was that Iran and North Korea use their state currency presses to make master counterfeits of the US Dollar.They have apparently distributed Billions of fake US hundred dollar bills.

The Book covers the Lebanon-Israeli conflict in detail and explains the rise and rise of Hezbollah.The incidents mentioned in the book relating to spies,assassinations,hit jobs,tortures, hostage swapping,air strikes etc make for riveting reading.

There is one India reference in the Book…a Pakistani nuclear scientist applying for political asylum in the US stated that Pakistan intended to launch a peremptory nuclear strike against India.

Do buy this Book to know more about Iran,Israel and the bloody conflicts of the Middle East.

Categories
TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked items on Alpha Ideas this week:

Forecasting Folly: 2017-18 Edition (AI)

Weekend Home of Rakesh Jhunjhunwala (AI)

Centrum: Kabhi Core, Kabhi Non Core (AI)

49 Lessons from 49 Years (Get Rich Slowly)

The Global SME space (AI)

Understanding real estate in India (Dhruv Saraf)

Is the ICICI Bank Board itself a NPA? (Gaurav)

RKEC Projects: How we got swindled (AI)

Portfolio of EQ India Fund (AI)

The 50,000 Crores over invoicing scam (Caravan)

Categories
Links

Weekend Mega Linkfest: 06 April, 2018

Some off beat reads for the weekend:

The 50,000 Crores over invoicing scam (Caravan)

When will Britain face up to its crimes against humanity (Guardian)

The ISIS Files (NYTimes)

China’s debt time bomb (ATimes)

The Nintendo King and the mid-life crisis (Wired)

Interview with the Saudi Crown Prince (Atlantic)

Cricket : The Nationalist Game (Shashi Tharoor)

The end of our montage (Sudhir Mishra)

Salman Khan’s conviction is a victory to be proud of (Swati Thiyagarajan)

The broken dreams of Nitish Kumar (Gossip Guru)

Travelogue: Hawaii (Team BHP)

Country means we must adjust, no?  (J Mathrubootham)

The misery of my miscarriage (Kohl Girl)

Singapore Diary (Outlook India)

10 things that happen if you walk everyday (Brightside)