The video below shows the staff of a Chinese Bank publicly spanked for poor performance.
Maybe we should take a leaf out of the Chinese…
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Linkfest: June 22,2016
Some stuff I am reading today morning:
Bookies see Brexit rejected (Bloomberg)
Max Ventures to list today (BL)
Textile stocks on fire (RJ)
Apple may open retail stores in India (NYTimes)
Interview with Charles Akre,CIO,Akre Capital (VRO)
Buffett: Going out on top (II)
12 things I’ve learned from Elon Musk about investing (25IQ)
Follow a good spending ratio (Financial Samurai)
Buy real estate as young as you possibly can (Financial Samurai)
Another crazy move from the FED (DR)
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The Arrogant Investor
In investing,whenever you act,you are effectively saying,
“I know more than the market.I am going to buy when everyone else is selling.I am going to sell when everyone else is buying.”
That is arrogant.
-Seth Klarman
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Chart:The Truth of India’s Middle Class
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Portfolio of Aranda in India
This post is in continuation of my coat tailing series (see here)
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Mauritius-based Aranda Investments is a foreign portfolio investor and a wholly-owned indirect subsidiary of Temasek Holdings (Private) Ltd, the investment arm of the Singapore government.
It’s significant holdings in India as on 31 March,2016 as per Stock Exchanges is given below:
| Company Name | Symbol | Entity Name | Date End | # of Shares | % | Value (In Crores) |
| Glenmark Pharmaceuticals Limited | GLENMARK | Aranda Investments (Mauritius) Pte Ltd | 201603 | 11261010 | 3.99 | 862.48 |
| Info Edge (India) Limited | NAUKRI | Aranda Investments (Mauritius) Pte Ltd | 201603 | 3272000 | 2.71 | 267.34 |
| Just Dial Limited | JUSTDIAL | ARANDA INVESTMENTS (MAURITIUS) PTE LTD | 201603 | 734006 | 1.06 | 48.59 |
| Mahindra & Mahindra Financial Services Limited | M&MFIN | ARANDA INVESTMENTS (MAURITIUS) PTE LTD | 201603 | 14159390 | 2.49 | 452.18 |
| Mahindra & Mahindra Limited | M&M | ARANDA INVESTMENTS (MAURITIUS) PTE LTD | 201603 | 6832016 | 1.16 | 922.9 |
| Oberoi Realty Limited | OBEROIRLTY | Aranda Investments (Mauritius) Pte Ltd | 201603 | 12420057 | 3.66 | 347.45 |