Some stuff I am reading today morning:
Oil Prices crash (Oil Price)
Neighbours, Russia can convert 16.8% of India’s trade into Rupees (BS)
Industrial Production grows 19.6% in May (Rediff)
Gold shines amid rout in Equities (Morningstar)
Damn the Senior Citizen (Bala)
Buy when Fed blinks but not before (The Market)
The Scapegoat mechanism (Ramp)
Semi-Annual Letter to Investors (Terry Smith)
Chaos is a Ladder (TRB)
So you want to be the next Warren Buffett? (Mark Sellers)
Some stuff I am reading today morning:
Historic move: International Trade Settlement in INR (RBI)
Mallya’s $40 Million transfer resulted in a $25 fine (BS)
Eureka Forbes appoints Pratik Pota as MD, CEO (BT)
The Platform Delusion (2Point2Capital)
How Whitehat Jr lost its magic (Forbes)
Benefits of filing ITR before deadline (FE)
9 Lessons from Narayana Murthy as an entrepreneur (ET)
The good thing about hard things (Not Boring)
The Black Swan is still flying (Charles Biderman)
On bullshit in investing (Noah Opinion)
Some stuff I am reading today morning:
France, Germany prepare for total cutoff of Russian Gas (ZH)
Equity MFs get 15,498 Cr in June in SIP flows (Rediff)
M&M has come back into the fight (Forbes)
Ambani Vs Adani at 5G Auction (BT)
Thread: Time Technoplast (Mishika Chamria)
Startup Funding in India declined 40% in Apr-June 2022 (BS)
Coatue Presentation to Investors (EFR)
What we learned in Q2 CY22 (Octahedron Capital)
An unstable encounter with a $50 Billion stable coin (Matt Taibi)
Elon Musk terminates Twitter deal (CNBC)
Some off beat reads for the weekend:
In defense of Harshad Mehta (Jyoti Mehta)
The fall of Uddhav Thackeray (Open)
The current crisis is bringing Russia & India closer (RT)
5 things that led to PM Johnson’s downfall (BBC)
Why Japan & Germany are rearming (Engelsberg Ideas)
Ukraine could tear Europe apart (American Conservative)
How South Africa’s black farmers were set up to fail (Guardian)
The Chinese Govt is stealing your technology (Verge)
Racist videos on China Tik Tok is a multi million $ industry (ROW)
Corruption: Africa’s undeclared pandemic (Al Jazeera)
The Kingpin of Shanghai (Damn Interesting)
14 ways in which the White Empire is overthrowing itself (Indi Samarajiva)
Drive: Off roading in a Jeep Compass (Team BHP)
Thread: 15 powerful Visuals about Psychology & Life (Strong Minded)
Obituary: Shinzo Abe (NY Times)
Some stuff I am reading today morning:
CBI arrests executives in Tata Projects-Power Grid case (BT)
Vivo India remitted 50% of its turnover to China to avoid taxes (BS)
Funding winter for startups (Fortune)
New tech is like the old public sector (Value Research)
Thread: National Education Policy (Niteen S Dharmawat)
On Promoter Quality (Bala)
How to pay the correct amount of advance tax (Free Fincal)
How short term thinking can cost investors millions (Ed Thorp)
How Xiang Guangda survived the ‘Nickel short squeeze’ (SCMP)
Lifestyles (Morgan Housel)