Categories
Annual Reports

Jet Airways: Refund Champion

Source: Annual Report 2017-18 of Jet Airways

(All Figures in Lakhs of Rupees)

Categories
BookReview

Book Review: Wealth Creation Thoughts

The Book ‘Wealth Creation Thoughts’ is authored by veteran investor Raamdeo Agrawal .

I thought the Book would be about identifying stocks which can create wealth etc

Instead, the Book turned out to be a collection of sayings/utterances from great investors like Buffett,Munger etc

The sayings often have spelling mistakes and are without attribution to the original source.

The “wealth creation thoughts” are those kind of phrases which sound great but have very little practical application

For instance, sample the following:

“Everyone has the brain power to make money in stocks, but few have the stomach instead”

“The public buys most at the top and least at the bottom”

I would rather you avoid this Book and buy me a Beer instead !

Categories
Excerpts

Titan: Titanic Ambitions

Source: Annual Report 2017-18 of Titan Company Ltd

Categories
Links

Linkfest: 11 September,2018

Some stuff I am reading today morning:

The Govt plans to give the economy a 32,000 Cr boost (ET)

India turns epicentre of Emerging Markets rout (Mint)

ICICI Bank files insolvency petition against Jaiprakash Associates (BQ)

Fierce bidding for Essar Steel (MC)

M&A Boom in India (BS)

Musings on valuations of certain stocks (Jiten Parmar)

Investors should tender shares in PSU Buybacks (BS)

The Big Short (Macro Tourist)

How the financial crisis still affects investors (Barrons)

Paytm’s Vijay Sharma’s riveting talk at the AMFI Meet (You Tube)

Categories
Excerpts

BILT: Hum Honge Kamyaab, Ek Din

Source: Annual Report 2017-18 of Ballarpur Industries Ltd