Source: Prashanth
Returns are in $
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Raamdeo Agrawal Unplugged
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50 years of economic mismanagement
On 6/6/'66, 50 years ago India devalued ₹ for first time to 7.5/$. We are ~67.5/$! Finally economy management reflects in currency value.
— Uday Kotak (@udaykotak) June 6, 2016
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Linkfest: June 06,2016
Some stuff I am reading today morning:
The big business of small investors (Mint)
Ujjivan’s late surge stuns HNIs (BS)
Why IPOs may not be a bad investment today (BL)
What’s India got over China?Plenty (Bloomberg)
A Mutual Fund SIP is a hope,not a strategy (FreeFinCal)
Stock Analysis:National Fittings Ltd (Dr.VijayMalik)
Marc Andreesen has two words for you:Raise Prices (TRB)
Why people tend to go with their guts (Michael Lewis)
The humility of successful investors (BigFatPurse)
How Mark Zuckerberg destroyed Google Plus (Vanity Fair)
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Book Review: Shoe Dog
This post is in continuation of my book review series (see here)
Had an enjoyable weekend reading the story of Nike,the iconic shoe company.
Shoe Dog
It traces the story of how Phil Knight starting out with little money built his business empire shoe by shoe-battling bankers, suppliers, competitors, employees, US Customs and shareholders.
There are lots and lots of nuggets of wisdom in the book ,especially for entrepreneurs.
There are some life lessons as well.As Phil Knight writes:
“Don’t settle for a job or a profession or even a career.Seek a calling.Even if you don’t know what that means,seek it.If you’re following your calling,the fatigue will be easier to bear,the disappointments will be fuel,the highs will be like nothing you’ve ever felt.
Go Buy this book.