Hat Tip: Nick
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2018: A Historically Bad Year
Hat Tip: Nick
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Shout Out : BSE Startups Event
BSE is launching the Startup platform which is a First for India
The launch Event is day after tomorrow on Saturday.
Not only is it Free, but its a great opportunity to network and be a part of the Startup Ecosystem from Day One.
Those interested in attending can connect with the BSE officials whose details are mentioned in the flyer below.
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Linkfest: 20 December, 2018
Some stuff I am reading today morning:
FED hikes rates,2 more in 2019 (CNBC)
The trade of the year (Bloomberg)
Govt may consider green cess on vehicles (MC)
Banks may remain closed for 5 consecutive days (ET)
RCom – Reliance Jio deal in jeopardy (Mint)
TTK Prestige: Pressure to grow (Forbes)
Titan: The Alchemist (OB)
Selling a stock (Bala)
It’s tough to be a Wealth Adviser (Aveek Mitra)
Investing chat with Dev Ashish (S&L)
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Singh is King
Invest x in an NBFC – lever it 7x – lend 8x to your own entities. pledge against the 8x book -raise 4x. Default on all loans – . Lenders against pledge take possession of the useless book. Stage an intra-family drama and a blame game are feed for an OTT channel.x becomes 12x
— varadharajan (@varadhar1) December 19, 2018
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HSIL : Maja Ni Life
Hat Tip: U Patel
Interesting to see HSIL owns super expensive cars.
Bentley Bentayga costs around 4 Cr+.
HSIL had net profits of 4.67 Cr for the Sept 2018 Quarter.
What a pleasurable way to allocate capital !