Reminds me of the famous 1938 poster of Hitler
Ein Volk, ein Reich, ein Führer (‘One People, One Nation, One Leader’).
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Linkfest: July 28, 2017
Some stuff I am reading today morning:
Interview with Basant Maheshwari (ET)
Instagram is tipping off India’s Taxman (Bloomberg)
Flows to Floats (Nooresh)
Stunning Annual Report of Games Workshop (Amit)
Daily Economics: Running a paan stall in Mumbai (Scroll)
How Hindustan Zinc became the world’s 2nd largest zinc producer (Forbes)
Stock Talk: Symphony (Forbes)
Rebuttal to Howard Marks (TRB)
Do you have a money mind? (Monevator)
11 Great American companies who have lost the narrative (247 Wall Street)
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Four Questions to ask Management
Hat Tip: Nooresh Merani
Source: Kalpen Parekh
Chart of DSP Black Rock Govt Securities Fund Vs BSE 200 since the Modi Govt took power
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Alpha Ideas finds a mention in ET
There is an article in ET today where Alpha Ideas found a mention:
Investors are punting that the next multi-billion dollar baby from the HDFC stable is born – HDB Financial Services, the non-banking finance subsidiary of HDFC Bank, the nation’s most valuable lender.
It may soon head to Dalal Street where many average investors have turned millionaires by investing in Housing Development Finance and HDFC Bank.
HDB Financial, the company that gives out personal loans, car loans and does recovery services, is being traded in private deals at anywhere between Rs. 500 to Rs. 550 apiece, valuing it around Rs. 45,000 crores. That is almost a triple of where it was trading six months ago. It is the sixth most valuable NBFC in the roll of honour.
“This is now the largest unlisted NBFC with a market capitalization of Rs 45,000 crore,” says Nitin Rao, Founder of alphaideas.com, which tracks shares in the unlisted space.