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Tweets

How to forget retirement worries

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Humor

Neither Bullish Nor Bearish

Source:Vetri Subramaniam

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CoatTailing

Guess who’s buying India

(Hat Tip: Ramarao Venkatesh)

One of the most famous investors in the world has starting buying into India .

At the end of the third quarter (i.e. 30 Sept,2015), his legendary fund had assets under management of $100.2 Billion

In the third quarter, he bought 601,246 shares of iShares MSCI India ETF, a 0.4% portfolio weight. The position is now valued at $16.35 Million

He also purchased 470,200 shares of Infosys Ltd., a 0.21% portfolio weight. The share price averaged $17.The position is now valued $ 7.57 Million

The investor?Howard Marks of Oaktree Capital

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Links

Linkfest:November 18,2015

Some stuff I am reading today morning:

The strange case of Sharad Pawar’s £70 Billion Company (Moneylife)

Dalal Street’s not-so-famous top investors (ET)

Standard Chartered’s unraveling India bet (Mint)

Stock Review: MOIL on sale (VRO)

Investing in Mutual Funds Direct Plans online (Be Money Aware)

Why are risky assets wobbly ? (Big Picture)

Half of Russia’s richest people are planning to cash out (Bloomberg)

Cliff Asness on investing success (BI)

How “spray and pray” has impacted investment strategy of VCs (SSRN)

Analysis of momentum investing strategies (Alpha Architect)

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Excerpts

Alok Industries:The Stock From Hell

Alok Industries Limited has informed the Exchange that ”We request the Exchnage to refer Company’s earlier letter by which Company had intimated the Exchange about the Board Meeting scheduled on November 9, 2015 to consider Un-audited Provisional Financial Results of the company for the quarter ended September 30, 2015.In this connection, Company regret to inform the Exchange that due to some glitches in the IT system, Company are unable to retrieve our financial/ accounting data properly and coupled with excessive absenteeism of key management people on account of festival season, Company is compelled to postpone the aforesaid meeting.Company shall fix up the next date of the meeting once the technical problem in the IT system is resolved”

-filed on National Stock Exchange website