Some stuff I am reading today morning:
Oil Prices at 7 month low (BS)
Passenger vehicle dispatches rises 21% in Aug (Rediff)
Mistrys’ Wealth tryst with the Tatas (Fortune)
Thread: Glenmark Life Sciences (Gurjot Ahluwalia)
Decoupling or outperformance by Nifty (Nooresh Merani)
Equity markets aren’t pricing in Fed tightening (Bridgewater)
On Chinese Fintechs (The Market)
Take Asymmetric Bets (Erik Torenberg)
The Illusion of Knowledge (Howard Marks)
Its supposed to be hard (Morgan Housel)
Some off beat reads for the weekend:
The Blob’s perpetual War (American Conservative)
Ukraine & the myth of the new world order (Spiked)
Protests in Prague (RT)
Thread: Pakistan floods will reshape global agri markets (Nathan Carson)
The challenges facing Liz Truss (Open)
The truth about the Baltics (Times of Israel)
Thread: Sanjay Kumar Mishra (Agenda Buster)
Karachi’s Gangsta Jalebi (Dawn)
The secrets of India’s Royal Kitchens (Mint)
Mongols speaking Malayalam (The Print)
Thread: Tipu Sultan’s Jihad in Malabar (Savitri Mumukshu)
Thread: General Sagat Singh Rathore (Abhishek Anand)
Auto: Jeep is going all-in on electric SUVs (Verge)
Cyrus Mistry deserved better (R Jagannathan)
Obituary: Queen Elizabeth II (Smithsonian)
Some stuff I am reading today morning:
Market Cap of BSE Listed firms at all time highs (FE)
India imposes 20% export duty on non-Basmati rice (Rediff)
Jio Moment in FMCG (BT)
Flipkart forays into hotel booking business (Fortune)
E-bus demand goes up (BI)
Multiplexes count on Brahmastra to swing their fortunes (BS)
Bali’s Crypto summer ends (IMF)
“Soft Landing” (Convexity Maven)
Bear Repair (Goldman Sachs)
Good Enough (Morgan Housel)
Some stuff I am reading today morning:
Russia to stop supplying energy if price caps imposed (BS)
European Central Bank to unleash a massive rate hike (CNBC)
Govt cuts Railways Land Licensing fee to 1.5% (Fortune)
Adani to create 3 Giga Factories in India (BT)
Europe’s metal plants struggling to survive (Bloomberg)
Stock Talk: LG Balkrishnan & Bros (Phoenix Capital)
Ex-NSE MD Ravi Narain sent to 2 Day ED Custody (Rediff)
Is a new golden age of value coming? (Klementon)
The role of shorts in a real assets portfolio (Massif Capital)
There’s a lot of misery by misusing stocks (Charlie Munger)
Some stuff I am reading today morning:
Lehman Event looms for Europe (Oil Price)
Adani responds to Credit Sights report (BS)
Tata Motors rolls out India’s first CNG truck (Rediff)
12,800 Cr money laundering case of Amtek Auto (Money Life)
Sector: Tyres (MC)
Thread: On Algo Trading (Nithin Kamath)
On Fractional Real Estate Commercial Properties (Stable Investor)
What’s Alpha? (Morningstar)
The worse still to come in Europe’s gas crisis (CNBC)
UK is an economic catastrophe (CNN)